Garden Bay Colony market snapshot (as of June 17, 2026): the median sale price is about $789K ($356 per sq ft), a buyer-leaning market (limited data). Based on 1 recent closings in live Space Coast MLS data.
Garden Bay Colony is a small, gated condominium in Cocoa Beach, in the 32931 area of Brevard County, on the barrier island in central Cocoa Beach with direct Banana River frontage. Third-party profiles describe a boutique riverside complex of roughly a dozen contemporary units, marketed for a quieter waterfront lifestyle within walking and biking distance of the beach and central Cocoa Beach.
Reported amenities include a riverside pool, a hot tub, a sauna, an exercise room, a clubhouse, a fishing dock, and garage parking, with reported monthly dues on the order of nine hundred dollars. Treat the unit count, the amenity list, and the dues figure as reported, and confirm the current numbers and inclusions with the association, since they change.
Because this is a small barrier-island condominium rather than a new fee-simple build, the money is made on the unit, the river exposure, and the association's financial and structural health, not on a headline number. Confirm the milestone inspection and SIRS status, the reserve funding, the flood and wind insurance picture, and any special assessments before you decide.
For buyers who want a small, gated Banana Riverfront condo with riverside amenities in central Cocoa Beach, Garden Bay Colony is a distinctive, low-supply option. The work is reading the unit and the river position, confirming the reserves and the inspection status, and pricing the coastal insurance and the all-in carry honestly.
