Banana Bay
Condos for Sale in Cocoa Beach, FL

Banana Bay Condo Ph XVI is a small condominium phase in Cocoa Beach, Brevard County; the current MLS snapshot shows no community amenities on file, so value here rests on the individual unit and the association behind it rather than shared features.

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.

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.

When a condo phase like this one surfaces without amenity or pricing detail in the current listings, the underwriting shifts entirely to the association. The line items that matter are the monthly dues, the reserve balance, any assessments on the horizon, and the rental and pet rules — all of which live in documents, not in a listing headline.

In a coastal condominium, the building envelope and insurance picture are as important as the unit itself. Cocoa Beach location carries proximity to the water, which is a genuine draw, but it also puts a premium on knowing the roof age, the structural reserve status, and the current insurance posture before you commit.

With no amenity or price data to lean on in the current snapshot, our job is to get you the documents that actually govern value — the association budget, reserves, meeting minutes, and rules — and to compare a target unit against recent sales inside the phase. That legwork is where the real negotiating leverage lives in a small Cocoa Beach condo phase.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.