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 14 closed sales in Banana Bay Condo Ph Xxiii in Cocoa Beach, FL since 2005, the most recent in November 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).
Banana Bay Condo Ph XXIII is a small condo phase in Cocoa Beach, and with no community amenities identified in the current MLS listings, price here is driven almost entirely by the individual unit — its condition, its floor plan, its position within the building, and how the association reads on the numbers. Two units in the same phase can trade well apart based on updates alone, so buyers should underwrite the specific unit, not a community average.
For sellers, that means the work you have (or haven't) done to the interior is the story, and it's worth documenting it clearly. For buyers, the diligence is in the paperwork: association budget, reserves, insurance, and any assessments. There's no amenity package to lean on, so the value proposition is location and the unit itself.
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
This is a small condo phase in Cocoa Beach where the buy is the unit and the building's financial health, not a shared amenity set. Treat each listing on its own terms.
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 seeking a Cocoa Beach coastal condo who will read the association budget, reserves, and insurance before committing
- Value-minded buyers comfortable renovating a dated unit to build in equity
- Turnkey buyers willing to pay for an already-updated unit and confirm what work was done
Probably not for
- Buyers who require a resort-style amenity package as part of the purchase
- Buyers unwilling to scrutinize association financials, reserves, and possible assessments
- Buyers wanting a single-family home with private land and full control over the exterior
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.
Banana Bay Condo by the numbers
From county property records and closed MLS sales for the Banana Bay Condo subdivision: 12 homes on record; built 1981; typical size about 1,316 heated sq ft; 2 bedrooms is the median. Housing mix: condo 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2012 | 1 | $158,000 |
| 2018 | 1 | $319,000 |
| 2019 | 1 | $230,000 |
| 2021 | 1 | $399,900 |
| 2024 | 1 | $540,000 |
| 2025 | 2 | $282,500 |
Newest recorded sale: $280,000 on 2025-11-14.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
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.
A condition-driven condo buy
With no amenities identified from current listings, Banana Bay Condo Ph XXIII asks buyers to look hard at the fundamentals: the association's budget and reserves, the current insurance picture, any special assessments, and the state of the building itself. In a Cocoa Beach coastal condo, those line items can move the true cost of ownership more than the sticker.
Interior condition is the other lever. Because there's no shared amenity story to fold into value, an updated unit and a dated one can sit far apart on price. Buyers who can renovate may find room to add value; buyers who want turnkey should expect to pay for it and confirm what's been done.
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
In a small condo phase with no amenity package to fall back on, the deal lives in the details — the association's financials, the insurance and reserve picture, and the specific condition of the unit. We read those documents with you before you're emotionally committed, and we price and position sellers around what actually differentiates their unit.
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.
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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 2005 (14 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.
How many homes are in Banana Bay Condo?
County property records list 12 homes in Banana Bay Condo, built between 1981 and 1981; the typical home is about 1,316 heated square feet.
What do homes in Banana Bay Condo sell for?
Banana Bay Condo has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2025 (2 sales, median $282,500). For context, ZIP 32931 has 262 homes on the market with 18% under contract.
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.
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