Canaveral Bay
Condos for Sale in Cape Canaveral, FL

Community in Cape Canaveral · Brevard County · ZIP 32920
Free · No obligation
Talk to a Canaveral Bay Condo Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data15 years of closingsUpdated twice daily

As of September 2026, the MLS records 13 closed sales in Canaveral Bay Condo Ph Iii in Cape Canaveral, FL since 2011, the most recent in January 2026. Across Cape Canaveral as a whole, 94 homes closed in the last 12 months at a median of $346,000, 81 median days on market, with 44 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,400 ($4,780 with the full homestead exemption).

Part of Canaveral Bay, Cape Canaveral, FL — see all Canaveral Bay homes for sale (6 listings across 5 sections in the MLS).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Canaveral Bay Condo Ph III is a small condominium address in Cape Canaveral, and the current MLS snapshot gives us no pricing benchmark and no listed community amenities to lean on. That means value here is driven almost entirely at the unit level — condition, floor, exposure, updates, and what a given seller's HOA carries — rather than by any shared feature set we can point to.

With so little signal in the public feed, both sides should treat this as a market you underwrite one listing at a time. Buyers should ask for the association's budget, reserves, and fee history before anything else; sellers should expect to justify price on the specific unit, since there is no community amenity story doing the selling for you.

The 60-Second Overview

Canaveral Bay Condo Ph III is a condominium community in Cape Canaveral, Brevard County — a compact coastal-city location where the appeal is proximity rather than on-site amenities, none of which appear in current listings.

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.

Best for

  • Buyers prioritizing a coastal Cape Canaveral location over shared amenities
  • Condo buyers comfortable reading HOA budgets and reserve studies before committing
  • Buyers seeking a lower-maintenance unit who will vet monthly fees carefully

Probably not for

  • Buyers who want a resort-style amenity package on site
  • Buyers needing a clear, published price range before touring
  • Buyers unwilling to scrutinize association finances and rental rules

The market around Canaveral Bay Condo

Canaveral Bay Condo is too small for its own price trend, so here is the market around it.

In ZIP 32920, 172 homes are on the market and 16% are under contract — a slower corner of Cape Canaveral.

Across Brevard County, 4,087 homes are active and 1,495 pending (27% under contract).

ZIP and county figures describe the wider market, not Canaveral Bay Condo specifically. Momentum Research analysis of MLS records.

Canaveral Bay Condo by the numbers

From county property records and closed MLS sales for the Canaveral Bay Condo subdivision: 8 homes on record; built 1984–1989; typical size about 955 heated sq ft; 2 bedrooms is the median. Housing mix: condo 100%.

YearRecorded salesMedian price
20161$97,000
20191$128,000
20201$200,000
20211$140,000
20242$245,500
20261$143,500

Newest recorded sale: $143,500 on 2026-01-16.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Canaveral Bay Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Canaveral Bay Condo.

Best Buy
Buyers who want a coastal-city condo and will do the association homework.
Biggest Risk
No amenity or pricing signal in the feed means you underwrite unit-by-unit.
Sweet Spot
A well-kept unit inside an association with funded reserves and clear fees.
Avoid If
You need on-site amenities or a predictable community-wide value story.

What actually moves value here

Because no community amenities surface in the current MLS data, this is a location-and-condition play. Cape Canaveral itself puts you close to the barrier-island coastline and port area, and for a condo buyer that walkability and proximity tends to matter more than any single interior finish. What you are really buying is a unit inside an association, so the health of that association is the story.

Before you get attached to a specific listing, pin down the fundamentals a condo lives or dies on: the monthly assessment, what it includes, reserve funding, any special assessments, insurance posture, and rental rules if you have income in mind. Two units at the same address can carry very different real costs once the HOA math is in front of you.

The location and the amenities are priced into every listing in Canaveral Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small condo community with thin public data, the edge is legwork — pulling association documents, reading the reserves, and comparing the true carrying cost of one unit against another. We do that diligence before you write an offer, and we will tell you plainly when the numbers on a given unit do not hold up.

Canaveral Bay Condo in 15 seconds.

Best forBuyers who want a coastal-city condo and will do the association homework.
Biggest advantageA compact Cape Canaveral location close to the coast and port.
Biggest riskNo amenity or pricing signal in the feed means you underwrite unit-by-unit.
Sweet spotA well-kept unit inside an association with funded reserves and clear fees.
Avoid ifYou need on-site amenities or a predictable community-wide value story.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Canaveral Bay Condo sales matched to your home.

What is your Canaveral Bay Condo home worth?

Get a no-obligation home value based on real comparable sales in Canaveral 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 Cape Canaveral →

Real comps, not an automated estimate.
Buyers prioritizing a coastal Cape Canaveral location over shared amenitiesExcellent fit
Condo buyers comfortable reading HOA budgets and reserve studies before committingExcellent fit
Buyers seeking a lower-maintenance unit who will vet monthly fees carefullyExcellent fit
Buyers who want a resort-style amenity package on siteProbably not
Buyers needing a clear, published price range before touringProbably not
Buyers unwilling to scrutinize association finances and rental rulesProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2011 (13 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 →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Canaveral Bay Condo Expert
Call Get Listings