Banana Bay
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 20 closed sales in Banana Bay Condo Ph Xxiv in Cocoa Beach, FL since 2004, the most recent in January 2026. 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 small condominium phase in Cocoa Beach, and with only a single closing in the current window, this is a thin-data market. Pricing here is driven far more by the individual unit — its floor, its condition, its view, its updates — than by any neighborhood-wide trend. One dated interior and one renovated one can sit worlds apart on price, and a lone sale tells you very little about the next one.
For a buyer, that means the listing in front of you matters more than any comp; inspect the unit and read the condo association documents closely. For a seller, it means presentation and pricing discipline carry the sale, because there is no wave of comparable activity to lift you. Expect to negotiate on the merits of the specific unit rather than a hot-market premium.
Nearby homes for sale
No active listings inside Banana BayCondos 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 condominium community in Cocoa Beach, close to the barrier-island lifestyle that defines this stretch of Brevard County. It trades in low volume, so each individual unit sets its own tone.
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 a Cocoa Beach coastal condo who will evaluate each unit individually
- Owner-occupants comfortable reviewing condo association documents before committing
- Buyers seeking a lower-maintenance beach-area base rather than a single-family home
Probably not for
- Buyers who need on-site amenities such as a pool, gym, or clubhouse
- Buyers who want the reassurance of many recent comparable sales to anchor a price
- Buyers wanting a detached home with private yard and full ownership control
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: 16 homes on record; built 1983; typical size about 1,316 heated sq ft; 2 bedrooms is the median. Housing mix: condo 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2017 | 1 | $265,000 |
| 2019 | 1 | $289,900 |
| 2020 | 1 | $285,000 |
| 2022 | 2 | $407,250 |
| 2024 | 1 | $449,000 |
| 2026 | 1 | $305,000 |
Newest recorded sale: $305,000 on 2026-01-21.
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 thin-data condo phase
With no community amenities identified from current MLS listings and just one recent closing, Banana Bay rewards the buyer who does their homework unit by unit. There is no shared pool or clubhouse story to lean on here, so value comes down to the condo itself, the association's financial health, and the Cocoa Beach location.
Location is the real asset. Cocoa Beach puts you on the barrier island with quick access to the Atlantic, the causeways back to the mainland, and the everyday coastal errands that come with beach-town living. Read the association's reserves, insurance posture, and any assessment history before you commit — in a small condo phase, those details move the math more than the sticker price does.
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 low-volume community like Banana Bay, you can't rely on a stack of comparable sales to guide you, so the work is in reading the specific unit and the association behind it. We dig into condo documents, reserves, and insurance realities, and we price and negotiate on the actual condition in front of us — not on a market trend that isn't there.
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 2004 (20 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.
Looking to buy here? Search homes for sale →
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See how Banana Bay Condo Ph Xxiv fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Banana Bay
Where is Banana Bay?
Banana Bay is a community in Cocoa Beach, Brevard County, Florida, ZIP 32931.
How many homes are in Banana Bay?
County property records list 16 homes in Banana Bay, built between 1983 and 1983; the typical home is about 1,316 heated square feet.
What do homes in Banana Bay sell for?
Banana Bay has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2026 (1 sale, median $305,000). For context, ZIP 32931 has 262 homes on the market with 18% under contract.
Are there homes for sale in Banana Bay right now?
No active listings inside Banana Bay 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 have an HOA or CDD?
No HOA is on record for Banana Bay 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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