Solana Lake Condo Ph Iii
Homes for Sale in Cape Canaveral, FL

Community in Cape Canaveral · Brevard County
Median sale $448K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Solana Lake Condo Ph Iii Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$448K
Median sold · 12 mo
$238/sf
Sold $/sqft · 12 mo
peak $238 in 2026
91.4%
Sale vs ask
Brevard median: 96.2%
Tempo
91days
Median DOM · closed
79 days at the 2013 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 22 years of records
1,828sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Solana Lake Condo Ph III is a small, condo-format community in Cape Canaveral, and with only three closings in the current window, the numbers describe a thin market rather than a deep, liquid one. The median sits at $447,500, or about $238 per square foot, but with a sample this small, condition and specific unit attributes drive price far more than any broad trend. Treat the median as a reference point, not a promise.

The bigger tell is time on market: a median of 91 days is slow, and it means sellers here are not setting terms. Buyers have room to negotiate and time to inspect without pressure. Sellers should price to the actual condition of the unit and expect a longer marketing runway rather than a quick clearing.

The 60-Second Overview

Solana Lake Condo Ph Iii market snapshot (as of July 15, 2026): the median sale price is about $448K ($238 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales.

This is a compact condo community in Cape Canaveral where sales are infrequent, so each individual listing carries outsized weight in how the market reads. Expect to underwrite the specific unit, not the label.

Best for

  • Buyers targeting a Cape Canaveral condo who can move deliberately and negotiate on a longer timeline
  • Value-focused buyers willing to weigh a unit on its condition rather than a headline median
  • Owners planning a longer hold who are not counting on a quick, liquid exit

Probably not for

  • Buyers who need amenity-driven condo living with shared facilities on site
  • Sellers who need a fast sale and cannot absorb a market running near 91 days
  • Anyone who wants deep, reliable comps before committing to a price

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.

If we were buying in Solana Lake Condo Ph Iii 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 Solana Lake Condo Ph Iii.

Best Buy
Buyers who want a Cape Canaveral condo and are willing to underwrite the specific unit rather than the average.
Biggest Risk
With only three closings, comps are thin and pricing is easy to misjudge in either direction.
Sweet Spot
A well-conditioned unit bought with patience, not urgency.
Avoid If
You need amenity-rich shared features or a fast, competitive resale market.

A thin market rewards patience

With just three recent closings, there is no reliable price band to quote and no meaningful pattern to lean on. What that thinness does tell you is that pricing is condition-led: a well-maintained, updated unit and a dated one can trade very differently even at the same square footage. The $238 per square foot median is a starting frame, not a floor or a ceiling.

No community amenities surface from the current MLS listings, so buyers should weigh this on the merits of the unit and the Cape Canaveral location itself rather than on shared features. The 91-day median gives a buyer leverage and time; for a seller, it argues for realistic pricing up front instead of chasing the market down over successive reductions.

The location and the amenities are priced into every listing in Solana Lake Condo Ph Iii. 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 market this thin, the comps do most of their lying by omission — three closings will not tell you much on their own. We read each unit against its actual condition and against nearby Cape Canaveral inventory, so you are pricing to reality whether you are buying with leverage or selling into a slower window.

Solana Lake Condo Ph Iii in 15 seconds.

Best forBuyers who want a Cape Canaveral condo and are willing to underwrite the specific unit rather than the average.
Biggest advantageA slow, roughly 90-day market gives buyers time and negotiating room.
Biggest riskWith only three closings, comps are thin and pricing is easy to misjudge in either direction.
Sweet spotA well-conditioned unit bought with patience, not urgency.
Avoid ifYou need amenity-rich shared features or a fast, competitive resale market.

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 Solana Lake Condo Ph Iii sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Solana Lake Condo Ph Iii?
The median sale price in Solana Lake Condo Ph Iii was $448K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Solana Lake Condo Ph Iii take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 91 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Solana Lake Condo Ph Iii?
The best agent for Solana Lake Condo Ph Iii 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 Solana Lake Condo Ph Iii.
How do I find a top Cape Canaveral real estate agent who knows Solana Lake Condo Ph Iii?
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 Solana Lake Condo Ph Iii and the wider Cape Canaveral area.
Can Momentum Realty connect me with an agent for Solana Lake Condo Ph Iii?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Solana Lake Condo Ph Iii purchase or sale - no call center and no pressure.
Buyers targeting a Cape Canaveral condo who can move deliberately and negotiate on a longer timelineExcellent fit
Value-focused buyers willing to weigh a unit on its condition rather than a headline medianExcellent fit
Owners planning a longer hold who are not counting on a quick, liquid exitExcellent fit
Buyers who need amenity-driven condo living with shared facilities on siteProbably not
Sellers who need a fast sale and cannot absorb a market running near 91 daysProbably not
Anyone who wants deep, reliable comps before committing to a priceProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (22 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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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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