Banana Bay Condo
Condos for Sale in Cocoa Beach, FL
All 205 homes for sale in Cocoa Beach, FL · median $559,000 · 161 condos for sale in Cocoa Beach · 212 homes for sale in 32931 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 25 closed sales in Banana Bay Condo Ph Iv V Vi Vii in Cocoa Beach, FL since 2004, the most recent in June 2025. Across Cocoa Beach as a whole, 121 homes closed in the last 12 months at a median of $585,000, 51 median days on market, with 42 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $9,130 ($8,510 with the full homestead exemption).
Part of Banana Bay, Cocoa Beach, FL — see all Banana Bay homes for sale (4 listings across 8 sections in the MLS).

Banana Bay is a condo community in Cocoa Beach, and as of mid-July 2026 the current MLS snapshot shows no closings in the tracked window and no median price to anchor to. That means pricing here is being set unit by unit rather than by a steady run of comparable sales, so condition, floor plan, and location within the property will drive value more than any community-wide trend.
For a buyer, the practical read is patience and homework: with no recent closings to lean on, you are pricing off the individual unit and the broader Cocoa Beach condo market, not off a Banana Bay comp set. For a seller, the flip side is that thin recent data gives you room to make the case for your unit, but it also means the burden is on presentation and pricing discipline, because there is no easy comp to hide behind.
Nearby homes for sale
No active listings inside Banana Bay CondoCondos for Sale in Cocoa Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Banana Bay is a multi-phase condominium community in Cocoa Beach, Brevard County. The current listing snapshot is thin, so treat any single unit on its own terms rather than as part of an established price pattern.
Space Coast MLS sales records identify 71 homes in Banana Bay Condo that have changed hands since 2005, built between 1980 and 1985 (median 1983), with a median living area of about 1,340 sq ft and a typical 2-bedroom, 2-bath layout; 73% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Banana Bay Condo is best for.
Best for
- Buyers set on Cocoa Beach who will do the homework on association fees and reserves
- Buyers comfortable evaluating a unit on its own merits without a deep comp set
- Sellers willing to price with discipline in a market without recent closings
Probably not for
- Buyers who need a proven run of comparable sales to feel confident on price
- Buyers unwilling to scrutinize condo fees, reserves, and possible assessments
- Sellers expecting a quick data-driven valuation from recent closings
The market around Banana Bay Condo
Banana Bay Condo is too small for its own price trend, so here is the market around it.
In ZIP 32931, 262 homes are on the market and 18% are under contract — a steady corner of Cocoa Beach.
Across Brevard County, 4,087 homes are active and 1,495 pending (27% under contract).
In ZIP 32931 (Cocoa Beach), 404 homes closed in the last 12 months at a median of $329K ($210/sq ft), up 2.5% year over year, with a median 38 days on market. Right now 87 active and 27 pending listings put supply at about 3.4 months — a healthy market. See the live ZIP 32931 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Banana Bay Condo specifically. Momentum Research analysis of MLS records.
The Banana Bay Condo buying strategy.
If we were buying in Banana Bay Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Banana Bay Condo.
Reading a market with no comps
When a community shows no closings in the tracked window, it does not mean nothing is happening — it means the recent data is too thin to draw a line through. In a condo setting like Banana Bay, that puts more weight on the fundamentals you can actually inspect: the specific unit's condition, its exposure and level, and how it stacks up against other Cocoa Beach condos currently on the market.
Current MLS listings do not identify community amenities here, so buyers should confirm exactly what the association covers and what the monthly obligations are before assuming anything. In a condo, the fee structure, reserves, and any pending assessments can matter as much as the unit itself, and none of that is visible from a price snapshot alone.
The location and the amenities are priced into every listing in Banana Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A community with no recent closings is exactly where local judgment earns its keep. We price your unit against the live Cocoa Beach condo market rather than a comp set that does not exist yet, and we push you to verify association fees, reserves, and assessment history before you commit. That is the difference between guessing and deciding.
Banana Bay Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Banana Bay Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Banana Bay Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Banana Bay Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Banana Bay Condo home worth?
Get a no-obligation home value based on real comparable sales in Banana Bay Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cocoa Beach →
Should you buy in Banana Bay Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (25 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Banana Bay Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Banana Bay Condo
Where is Banana Bay Condo?
Banana Bay Condo is a community in Cocoa Beach, Brevard County, Florida, ZIP 32931.
Are there homes for sale in Banana Bay Condo right now?
No active listings inside Banana Bay Condo at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Banana Bay Condo have an HOA or CDD?
No HOA is on record for Banana Bay Condo in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Cocoa Beach & Space Coast / Brevard County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.
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