Canaveral Bay
Canaveral Bay — intercoastal / waterway condo on the Space Coast, $127K median sale, ~$550/mo HOA.
Live the MaxLife.
$128K
Median Price
$128K – $128K
0
Homes
$550–$550
Monthly HOA
1985
Established
Brevard Public Schools (verify zoning by address)
School Zone
Search Homes for Sale in Canaveral Bay
Stellar MLS · 2026-09-13 · 8 closed sales
Recent market data
Median sold
$197,950
$128K – $233K
$/sqft
$222
Median DOM
48
days on market
HOA
$550/mo
Sale-to-list
95.0%
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Background
A brief history
Canaveral Bay sits on the intercoastal / lagoon waterway in Cape Canaveral. Built 1985. Direct waterway frontage with the amenity package below, which is the structural reason an intercoastal condo carries the HOA fee it does — the building is paying for shared dock / seawall / pool / fitness infrastructure that a single-family river-front lot would have to underwrite individually.
The feel
What it's like to live here
Waterway-front condo lifestyle in Cape Canaveral — direct sunset views over the Indian River Lagoon / waterway, beach / pool amenity, and the natural quiet that distinguishes the lagoon side from the noisier oceanfront.
The details
What to expect
Association amenities
8 listed amenities per MLS: Car Wash Area, Maintenance Structure, Management - Off Site, Pest Control, Pickleball, Pool, Spa/Hot Tub, Trash.
What the HOA fee covers
Per recent MLS: Maintenance Grounds, Maintenance Structure, Pest Control, Trash. Intercoastal condos typically bundle exterior maintenance, master insurance, and dock/seawall maintenance — verify reserve study before closing.
Waterfront features
Per MLS: River Access.
Why intercoastal vs oceanfront
Intercoastal-side condos in this segment trade at a meaningful discount to direct-oceanfront product — typically 30–50% lower per square foot for similar age/sqft. The trade-off is no immediate beach access (a 5–15 minute walk or short drive to the closest crossing). What you get in exchange: dramatic sunset exposure, boat-water access if the building has dockage, a more sheltered insurance posture, and substantially lower HOA assessments because the building isn't underwriting full direct-Atlantic exposure.
Schools
Brevard Public Schools — feeder pattern depends on the specific address. Cape Canaveral families typically zone to mainland or beachside cluster schools. Verify with BPS School Locator. Intercoastal condo demographics skew seasonal / 55+ / second-home, so school zoning is informational for most buyers.
Insurance posture
Lagoon-side condos carry materially lower wind+flood exposure than direct-oceanfront. Master HOA policy typically covers building exterior; unit owner needs HO-6 (interior + contents). Verify the master policy details, deductibles, recent special assessments, and reserve study — these three numbers separate a healthy intercoastal association from a problem one.
Community
Amenities
- Car Wash Area
- Maintenance Structure
- Management - Off Site
- Pest Control
- Pickleball
- Pool
- Spa/Hot Tub
- Trash
Know Before You Buy
HOA rules worth knowing
- HOA ~$550/month
- Master insurance covers building exterior; unit owner needs HO-6 for interior + contents
- Verify reserve study + recent special assessments before closing
- Most Brevard intercoastal condos prohibit short-term (<30 day) rentals; some allow 7/14 day minimums — confirm with each association
- Pet policies vary widely between buildings — verify weight/breed limits per association
Education
School assignments
- Brevard Public Schools (verify zoning by address)
School zone assignments change. Verify with Orange County Public Schools before purchase.
Market Commentary
What the market is doing
Recent close: $127,500 (1 sale in last 60 days). Median $127,500 at $144/sqft. HOA ~$550/month. Intercoastal-side pricing in this segment runs roughly 30–50% under comparable direct-oceanfront product — the trade is no immediate beach access in exchange for boat-water, sunset exposure, and a meaningfully lower insurance + HOA carrying cost.
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Homes available in Canaveral Bay
12 homes currently listed in Canaveral Bay.
$319,900
300 Columbia Drive 1103, Cape Canaveral, Nc 32920
Cape Canaveral, NC 32920
2 bd · 2 ba · 1,200 sqft
Treasure Island Club Condo Ph I
MLS ID #1084813, Realty 2000 One.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$265,000
7101 Ridgewood Avenue 102, Cape Canaveral, Fl 32920
Cape Canaveral, FL 32920
2 bd · 2 ba · 1,072 sqft
The Cedars Apts Condo
MLS ID #1081447, Keller Williams Realty Brevard.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$110,000
223 Columbia Drive 122, Cape Canaveral, Fl 32920
Cape Canaveral, FL 32920
2 bd · 1 ba · 936 sqft
The Plaza Condo
MLS ID #1082793, EXP Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$94,000
221 Columbia Drive 142, Cape Canaveral, Fl 32920
Cape Canaveral, FL 32920
1 bd · 1 ba · 680 sqft
The Plaza Condo
MLS ID #1079167, Blue Marlin Real Estate.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$449,900
8494 Ridgewood Avenue 4302, Cape Canaveral, Fl 32920
Cape Canaveral, FL 32920
2 bd · 2 ba · 1,316 sqft
Canaveral Sands Condo Ph Iv
MLS ID #1087927, C. Apollo Realty Inc.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$335,000
8767 Live Oak Ct
Cape Canaveral, FL 32920
2 bd · 3 ba · 1,178 sqft
Ocean Woods Stage 09 Rep
MLS ID #O6428746, FLORIDA LIFESTYLE REALTY LLC.
Listing provided by Stellar MLS
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 18, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA