427 Brightwaters Dr, Cocoa Beach, FL, 32931
About This Home
This is the Cocoa Beach lifestyle people dream about! Perfectly positioned on a deep-water canal with direct access to the Banana River and just minutes to the locks and open ocean, this beautifully remodeled pool home delivers the ultimate luxury beach living. Spend your days boating to waterfront restaurants, enjoying sunset cruises or biking to the beach while experiencing everything that makes the Space Coast so special. Thoughtfully updated throughout, the property features an extensive list of upgrades including a metal roof, updated plumbing, new AC system, water heater, electrical panel, and a pavered circular driveway that creates incredible curb appeal. Step outside into your private waterfront retreat showcasing a brand-new pool completed in 2025, low-maintenance turfed yard space, a new seawall and dock, and a 10,000 lb boat lift ready for endless days on the water. Designed with both entertaining and privacy in mind, this spacious home offers en suite bathrooms for every bedroom along with multiple gathering spaces ideal for hosting family and guests. Luxury waterfront living, beachside convenience, and boating access all come together in this unforgettable Cocoa Beach home.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Guest Suite,Jack and Jill Bath
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,003 sqft
Property
Details
- Parcel number: 2437275100000.00092.00
- Special condition: Standard
Features
- Stories: 1
- Private pool: Yes
- Pool features: Electric Heat,In Ground,Salt Water
- Exterior features: Dock,Boat Lift
- On waterfront: Yes
- Waterfront features: Canal Front
- Waterbody name: Canal Navigational to Banana River
Lot
- Lot size: 0.28 Acres
- Features: Sprinklers In Front
Parking
- Total spaces: 2
- Parking features: Circular Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $1,664 | $19,968 |
| Electricity | $302 | $3,626 |
| Total | $9,067 | $108,804 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Listed for sale | $1,350,000 |
| 2025-06-04 | Sold | $1,000,000 |
| 2025-04-20 | Pending sale | $1,150,000 |
| 2025-03-03 | Price change | $1,150,000 |
| 2025-02-06 | Listed for sale | $1,199,000 |
| 2024-07-12 | Sold | $610,000 |
| 2018-05-03 | Sold | $435,000 |
| 2017-08-03 | Pending sale | $450,000 |
| 2017-07-06 | Price change | $450,000 |
| 2017-03-06 | Price change | $509,900 |
| 2016-11-11 | Listed for sale | $529,900 |
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