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5 Fairway Dr APT 5, Cocoa Beach, FL, 32931

1beds
1baths
799sqft
$219,000
$274price/sqft
$1,425/moest. monthly cost
$57,000/yrincome needed

About This Home

Wonderful opportunity to buy a 1 bedroom condo in The Fairways, a 19 unit condo community featuring lush landscaping and exceptional views of the Cocoa Beach Country Club Golf Course. Terrific ground floor end-unit with no neighbors above you. Serene location that feels more private and secluded than many single family homes. Recent community updates include new roofs in 2024 and exterior paint in 2025. The home features numerous upgrades including: new A/C system, new hot water heater, new electric panel, new appliances, fresh paint, updated doors, and modern fixtures. Step outside to your spacious private fenced-in patio, perfect for enjoying a morning cup of coffee. This unit also features a clean one-car garage for added parking and storage. The affordable HOA fee of $560/month includes upgraded cable, internet, water, sewer, trash, lawn care, and building insurance. Sale subject to a 10-day right of first refusal for current HOA members.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1973

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding,Composition Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Freezer,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 799 sqft

Property

Details

  • Parcel number: 2537095000001.00030.05
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Fencing: Wood
  • Has view: Yes
  • View description: Golf Course

Lot

  • Lot size: 3,049 sqft
  • Features: On Golf Course

Parking

  • Total spaces: 1
  • Parking features: Additional Parking,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $1,107$13,284
Home Insurance *$44$528
Property Taxes $77$924
Electricity $197$2,366
Total$1,425$17,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,857/yr
40% on housing$42,750/yr
45% on housing$38,000/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$274This listing

vs Other Active Listings

Avg $/sqft

ZIP 32931$282
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32931$390
Brevard County$209

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

DateEventPrice
2026-04-21Listed for sale$239,000
2025-09-05Sold$170,000
2025-08-13Pending sale$199,900
2025-08-08Contingent$199,900
2025-05-03Price change$199,900
2025-04-12Listed for sale$209,000
2014-05-20Sold$29,700

For Sale by Agent

AgentJerry Hemenway
BrokerageWalker Bagwell Properties Ltd

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