Ocean Gardens Wave 3 Cape Canaveral in Cape Canaveral

Ocean Gardens Wave 3 Cape Canaveral
Homes for Sale in Cape Canaveral, FL

Community in Cape Canaveral · Brevard County
16 homesBuilt 1992–2017
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Ocean Gardens Wave 3 Cape Canaveral Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
69%
Owner-occupied · Ocean Gardens Wave 3 Cape Canaveral
11 of 16 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · Ocean Gardens Wave 3 Cape Canaveral
incl. 6% trust or LLC-held · 6% out-of-state
16
Homes in the community
16 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1992
Community established
homes built 1992-2017, median 1993 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Ocean Gardens Wave 3 is a small pocket in Cape Canaveral - just 16 homes, with only 2 active right now. At that size, price is set less by a broad market and more by the condition and specifics of whatever single home happens to be listed. The homes here run larger than the coastal-condo norm, with a median around 2,538 square feet, and that footprint is a big part of what buyers are paying for. The one price figure worth anchoring to is the median, and everything around it is condition-driven; a well-updated home and a dated one in the same enclave can sit far apart.

For a seller, the thin inventory cuts both ways: there is little direct competition, but there is also little comparable sales data to lean on, so pricing has to be built carefully off the individual property. For a buyer, patience matters more than urgency - with so few doors, you may wait for the right one rather than choose among many. When a home does come up, move deliberately and underwrite it on its own merits, not on a neighborhood average.

Best for

  • Buyers wanting more square footage than a typical coastal condo, priced around the community median
  • Owner-occupant buyers comfortable with a small, low-turnover community and a lighter-touch HOA
  • Patient buyers willing to wait for the right listing rather than pick from a crowded field

Probably not for

  • Buyers who need a wide selection to compare on day one
  • Buyers wanting a full amenity package beyond off-site management and grounds maintenance
  • Buyers who require deep comp data to feel confident on price

The market around Ocean Gardens Wave 3 Cape Canaveral

Ocean Gardens Wave 3 Cape Canaveral 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 Ocean Gardens Wave 3 Cape Canaveral specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Ocean Gardens Wave 3 Cape Canaveral

Live MLS inventory for Ocean Gardens Wave 3 Cape Canaveral. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Ocean Gardens Wave 3 Cape Canaveral listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Cape View · Elementary
  • Cocoa Beach · Middle
  • Cocoa Beach · High

Zoned schools reflect the assignments reported on recent Ocean Gardens Wave 3 Cape Canaveral listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Ocean Gardens Wave 3 Cape Canaveral address.

If we were buying in Ocean Gardens Wave 3 Cape Canaveral 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 Ocean Gardens Wave 3 Cape Canaveral.

Best Buy
Buyers who want a larger home in a small, low-turnover Cape Canaveral enclave.
Biggest Risk
Thin inventory and few comps make pricing property-specific and patience necessary.
Sweet Spot
A well-updated home bought on its own merits rather than a neighborhood average.
Avoid If
You need choice and want to compare many homes at once.

A small enclave with a maintained-grounds structure

The building span from 1992 to 2017 means you will find both original-era homes and newer construction inside the same small community, with the median year built in 1993. That spread matters: expect a mix of finish levels and mechanical ages, and let a home's actual updates - not its address - drive your offer. The living space runs generous for the location, with a median around 2,538 square feet.

On the ownership side, roughly 69% of homes are homesteaded, which points to a community weighted toward owner-occupants rather than pure turnover. Reported amenities are limited to off-site management and maintenance of grounds - a lighter-touch HOA structure than a full amenity package. Confirm current dues, coverage, and any access rules directly with the HOA before you write, since MLS-reported amenities can lag reality.

The location and the amenities are priced into every listing in Ocean Gardens Wave 3 Cape Canaveral. 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 16-home community with only a couple of active listings, the data is too thin to trust an algorithm. We price and evaluate off the individual property - its updates, its systems, its lot - and we chase down the HOA specifics that a listing sheet won't tell you. Whether you're waiting for the right door or trying to sell into a market with almost no direct comps, we build the number from the ground up.

Ocean Gardens Wave 3 Cape Canaveral in 15 seconds.

Best forBuyers who want a larger home in a small, low-turnover Cape Canaveral enclave.
Biggest advantageGenerous living space near the coast with grounds maintenance handled at the community level.
Biggest riskThin inventory and few comps make pricing property-specific and patience necessary.
Sweet spotA well-updated home bought on its own merits rather than a neighborhood average.
Avoid ifYou need choice and want to compare many homes at once.

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 Ocean Gardens Wave 3 Cape Canaveral sales matched to your home.

What is your Ocean Gardens Wave 3 Cape Canaveral home worth?

Get a no-obligation home value based on real comparable sales in Ocean Gardens Wave 3 Cape Canaveral, 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 homes for sale in Ocean Gardens Wave 3 Cape Canaveral on the map →

Real comps, not an automated estimate.

Ocean Gardens Market Scorecard

Buyer-Leaning Market (limited data)

Ocean Gardens is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $652,500.

n/a
Months supply
$652,500
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
2/0/0
Active/Pend/Sold

Typical home value in the 32920 ZIP is $318,749, about 9.7% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Ocean Gardens Wave 3 Cape Canaveral?
The Florida DOR 2025 assessment roll shows 16 homes in Ocean Gardens Wave 3 Cape Canaveral (public records).
What share of Ocean Gardens Wave 3 Cape Canaveral is owner-occupied?
69% of Ocean Gardens Wave 3 Cape Canaveral parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Ocean Gardens Wave 3 Cape Canaveral built?
Homes in Ocean Gardens Wave 3 Cape Canaveral were built between 1992 and 2017, with a median year built of 1993 (FL DOR 2025 roll).
Who is the best real estate agent for Ocean Gardens Wave 3 Cape Canaveral?
The best agent for Ocean Gardens Wave 3 Cape Canaveral is one who actively works Cape Canaveral and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Ocean Gardens Wave 3 Cape Canaveral.
How do I find a top Cape Canaveral real estate agent who knows Ocean Gardens Wave 3 Cape Canaveral?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Ocean Gardens Wave 3 Cape Canaveral and the wider Cape Canaveral area.
Can Momentum Realty connect me with an agent for Ocean Gardens Wave 3 Cape Canaveral?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Ocean Gardens Wave 3 Cape Canaveral purchase or sale - no call center and no pressure.
Buyers wanting more square footage than a typical coastal condo, priced around the community medianExcellent fit
Owner-occupant buyers comfortable with a small, low-turnover community and a lighter-touch HOAExcellent fit
Patient buyers willing to wait for the right listing rather than pick from a crowded fieldExcellent fit
Buyers who need a wide selection to compare on day oneProbably not
Buyers wanting a full amenity package beyond off-site management and grounds maintenanceProbably not
Buyers who require deep comp data to feel confident on priceProbably not

Nearby Communities

Explore more neighborhoods near Ocean Gardens Wave 3 Cape Canaveral with Momentum Realty’s local guides.

GBGarden Beach Cape CanaveralCape Canaveral, FL · 0.0 miMAMarie Ann Villas Cape CanaveralCape Canaveral, FL · 0.0 miCGCape Gardens Cape CanaveralCape Canaveral, FL · 0.2 miColumbiad Plaza Subd Cape CanaveralCape Canaveral, FL · 0.2 miBCBanyan Cove Phases 1 2 And 3 Cape CanaveralCape Canaveral, FL · 0.2 miLPLong Point Townhouses Cape CanaveralCape Canaveral, FL · 0.3 miOcean Woods Stage 10 C Cape CanaveralCape Canaveral, FL · 0.4 miBTBuchanan Townhouses Cape CanaveralCape Canaveral, FL · 0.4 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

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 your area comps.

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