Cape Shores Apt Bldg No 01 Condo
Homes for Sale in Cape Canaveral, FL

Community in Cape Canaveral · Brevard County
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Jon Brooks, founder of Momentum Realty
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Cape Shores Apt Bldg No 01 Condo is a single condominium building in Cape Canaveral, and pricing here is driven by the specifics of the unit rather than the address: floor, layout, view orientation, and above all condition. In a small building like this, there is no deep well of comparable sales to smooth out the numbers, so one recently renovated unit and one dated unit can sit far apart on price for reasons that have nothing to do with the market moving.

For a buyer, that means underwriting the individual unit and the building's own finances — reserves, assessments, insurance posture — matters more than any neighborhood trend. For a seller, condition and presentation carry the outcome; there is no premium here that a tired unit inherits just for being in the building. Price to the unit you actually have.

Best for

  • Buyers wanting a low-maintenance coastal base near the water in Cape Canaveral
  • Buyers comfortable underwriting an individual unit's condition and the association's finances
  • Investors or second-home buyers focused on the property itself rather than shared amenities

Probably not for

  • Buyers who require a pool, fitness center, or other on-site amenities
  • Buyers who want the price predictability of a large subdivision with many comparable sales
  • Buyers unwilling to absorb the assessment and insurance risk that comes with coastal condo ownership

The market around Cape Shores Apt Bldg No 01 Condo

Cape Shores Apt Bldg No 01 Condo is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Cape Shores Apt Bldg No 01 Condo specifically. Momentum Research analysis of MLS records.

Recent Developments in Cape Shores Apt Bldg No 01 Condo

Development, infrastructure, retail, and school activity affecting Cape Shores Apt Bldg No 01 Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum84/100 · High
  1. July 2026
    Retail & Dining

    Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera

    The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.

    What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 12 miles southwest of Cape Shores Apt Bldg No 01 Condo, elsewhere in Brevard County.

    Source: Viera
  2. June 2026
    Development

    Proposed Brevard County USL soccer stadium would anchor new mixed-use development

    Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.

    What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 21 miles south of Cape Shores Apt Bldg No 01 Condo, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  3. June 2026
    Development

    West Melbourne's Space Coast Town Center Expands

    The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.

    What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 23 miles south of Cape Shores Apt Bldg No 01 Condo, elsewhere in Brevard County.

    Source: WFTV
  4. June 2026
    Development

    Orlando Health announces plans to open a new hospital in Viera

    Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.

    What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 13 miles southwest of Cape Shores Apt Bldg No 01 Condo, elsewhere in Brevard County.

    Source: ClickOrlando
  5. May 2026
    Infrastructure

    Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction

    FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.

    What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 20 miles south of Cape Shores Apt Bldg No 01 Condo, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder Activity

    Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches

    Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.

    What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The site is about 2 miles west of Cape Shores Apt Bldg No 01 Condo.

    Source: Homes.com News

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Cape Shores Apt Bldg No 01 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 Cape Shores Apt Bldg No 01 Condo.

Best Buy
Buyers who want a coastal condo in Cape Canaveral and will evaluate one unit and one association closely.
Biggest Risk
As older coastal condo stock, assessments and insurance can swing the true cost of ownership.
Sweet Spot
A well-maintained unit in a building with sound reserves and no pending assessments.
Avoid If
You need on-site amenities, since none are identified in current listings.

A single-building condo, judged unit by unit

Current MLS listings identify no community amenities for Cape Shores Apt Bldg No 01 Condo, so buyers should not assume a pool, gym, or shared recreation as part of the package — confirm what the building actually offers before you factor it into value. What you are buying is the unit and a share of the association, and in Cape Canaveral that coastal location does a lot of the work on its own.

Because this is one building, the association documents deserve real attention: monthly dues, reserve funding, any pending assessments, and the insurance picture that comes with older coastal condo stock. These items move real dollars and can matter more than the sale price itself. Read them before you commit.

The location and the amenities are priced into every listing in Cape Shores Apt Bldg No 01 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

Small buildings reward local diligence over broad market noise. We help you read the association's finances, weigh condition against asking price on a unit-by-unit basis, and price a sale to the property you actually own rather than to a trend line that a single building can't produce. If the numbers don't work, we'll say so.

Cape Shores Apt Bldg No 01 Condo in 15 seconds.

Best forBuyers who want a coastal condo in Cape Canaveral and will evaluate one unit and one association closely.
Biggest advantageA focused purchase — location near the coast without a large-community layer to navigate.
Biggest riskAs older coastal condo stock, assessments and insurance can swing the true cost of ownership.
Sweet spotA well-maintained unit in a building with sound reserves and no pending assessments.
Avoid ifYou need on-site amenities, since none are identified in current listings.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Cape Shores Apt Bldg No 01 Condo sales matched to your home.

What is your Cape Shores Apt Bldg No 01 Condo home worth?

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Real comps, not an automated estimate.
Buyers wanting a low-maintenance coastal base near the water in Cape CanaveralExcellent fit
Buyers comfortable underwriting an individual unit's condition and the association's financesExcellent fit
Investors or second-home buyers focused on the property itself rather than shared amenitiesExcellent fit
Buyers who require a pool, fitness center, or other on-site amenitiesProbably not
Buyers who want the price predictability of a large subdivision with many comparable salesProbably not
Buyers unwilling to absorb the assessment and insurance risk that comes with coastal condo ownershipProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2009 (5 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.

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