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1602 University Ln APT 1305, Cocoa, FL, 32922

2beds
2baths
864sqft
$115,000
$133price/sqft
$1,067/moest. monthly cost
$42,680/yrincome needed

About This Home

Welcome to this charming 2-bedroom, 2-bathroom condo offering a bright, open floor plan designed for comfortable everyday living. The spacious living and dining areas flow seamlessly together, creating an inviting space for relaxing or entertaining. Step outside to your private screened-in back patio--the perfect spot to enjoy your morning coffee or unwind after a long day. Residents can enjoy the community pool and low-maintenance living, making this an excellent option for homeowners, investors, or those looking for a seasonal retreat. Conveniently located near Eastern Florida State College, shopping, restaurants, medical facilities, Historic Cocoa Village, and major roadways including SR 520, I-95, and SR 528 for easy access to Port Canaveral, Kennedy Space Center, Orlando, and the Space Coast's beautiful beaches. This centrally located condo offers the perfect blend of comfort, convenience, and value.

Getting Around

35
WalkingCar-Dependent
28
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

2/10
Cocoa High SchoolGrades PK,7-121.1 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Freezer,Microwave,Refrigerator,Washer/Dryer Stacked
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen,Open Floorplan,Primary Bathroom - Shower No Tub,Walk-In Closet(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 864 sqft

Property

Details

  • Parcel number: 2436200000287.L0000.00
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Screened
  • Exterior features: Balcony
  • Fencing: Vinyl

Lot

  • Lot size: 2,613 sqft
  • Features: Corner Lot

Parking

  • Parking features: Additional Parking,Assigned

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
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 $581$6,972
Home Insurance *$68$816
Property Taxes $221$2,652
Electricity $197$2,366
Total$1,067$12,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,582/yr
40% on housing$32,010/yr
45% on housing$28,453/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 32922$192
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32922$180
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
2026-07-09Listed for sale$115,000
2021-02-26Listing removed--
2020-10-06Listed for rent$1,000
2015-08-05Listing removed$43,000
2015-07-16Listed for sale$43,000
2010-11-03Sold$44,000
2010-10-14Listed for sale$49,000
2007-01-24Sold$84,800

For Sale by Agent

AgentKarli Rae Tucker
BrokerageLPT Realty LLC

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