See Home Value
$435,000
● House - Off Market

427 Brightwaters Drive

Cocoa Beach, FL 32931
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,498 Ft²
$685,167
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Living is easy in this unique waterfront home in Cocoa Beach. Enjoy the true meaning of the Florida lifestyle with the rippling canal in your backyard as the breeze flows through the palm trees. Delightfully charming with original character, 4 bedroom 3 bathroom canal  with a enclosed porch that is perfect for waterfront dining. Located on a deep canal just north of 520 with direct access to Banana River, just a quick cruise and you can be out to the locks and into open water. Half moon driveway, with a two car garage, newer roof and A/C.
Unit Size
2,498 Ft²
Days on Market
76 days
Land Size
0.28 acres
Price per sqft
$180
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1966

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #768689)

Price History

Date / Event Date Event Price
Jul 1, 2026 Sold
Sold
May 27, 2026 In contract -
In contract
May 8, 2026 Listed by Denovo Realty $1,350,000
Listed by Denovo Realty
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.
Jun 4, 2025 Sold
Sold
Apr 20, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,747
  • Gross Building Area: 3,747
  • Building Area: 2,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,492
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VENETIAN WAY SEC 3
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: VENETIAN WAY SEC 3 LOT 92

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 068400

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: 174
  • Account Number: 2437226
  • Parcel: 24-37-27-51-00000.0-0092.00
  • Lot: 92
  • Meridian: SEC 27 TWN 24S RNG 37E
  • Municipality: COCOA BEACH
  • Latitude: 28.3653
  • Longitude: -80.6142

    Address

  • Full Address: 427 Brightwaters Dr
  • Address - House Number: 427
  • Address - Street Name: Brightwaters
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3837
  • Zip Code: 32931

Valuation

    Tax

  • Total Area: 3,251
  • Tax Year: 2022
  • Tax Amount: $566,108
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 26H0

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 838,823
  • High Value: 1,004,151
  • Low Value: 673,494

    Market Valuation

  • Market Total Value: $630,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $396,230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018105718
  • Previous Sale Recording Date: Oct 01, 2016
  • Previous Sale Contract Date: Oct 01, 2016
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Venetian Way


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7101 Ridgewood Avenue, Cape Canaveral, FL, 32920

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,072 ft²
7101 Ridgewood Avenue #102, Cape Canaveral, FL, 32920 Listing by Lisa E Ramsey
Unit for rent at 555 Harrison Avenue, CAPE CANAVERAL, FL, 32920

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,409 ft²
555 Harrison Avenue #402, CAPE CANAVERAL, FL, 32920 Listing by Pamela King
Unit for rent at 5050 Ocean Beach Boulevard, Cocoa Beach, FL, 32931

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,226 ft²
5050 Ocean Beach Boulevard #107, Cocoa Beach, FL, 32931 Listing by Maria Portunato


Frequently Asked Questions

When was property at 427 Brightwaters Drive built and last sold?
The property at 427 Brightwaters Drive was built in 1966 and last sold on May 3, 2018 for $435,000.
How much is this home worth?
The estimated value of the home located at 427 Brightwaters Drive is $0.
What are some comparable homes to 427 Brightwaters Drive?
There are currently no comparable homes to 427 Brightwaters Drive.