Neighborhood · Cape Canaveral, Florida
Banana River Estates
Beachside living minutes from the Space Coast surf
3
Homes for sale
$240,000
Median list price
$223
Avg price / sqft
135
Median days on market
Banana River Estates sits on the barrier island in Cape Canaveral, the kind of low-key beachside pocket where the river is on one side and the Atlantic is a short drive on the other. It's a small, established neighborhood that includes Cape Canaveral Beach Gardens, with a mix of single-level homes and a laid-back pace that draws people who want the coast without the resort-town bustle. Families here are assigned to schools like Freedom 7 Elementary School of I and Edgewood Jr/Sr High School, and Orlando's airport is about 51 minutes away when you need to travel.
The market here is tight and slow-moving, which shapes strategy for any buyer. There are just 3 active listings right now, priced at a median of $240,000, and homes are sitting an average of 135 days before selling. That patience cuts both ways — sellers averaged 90% of asking over the last year, so there's genuine room to negotiate. Browse what's available on the live map to see how the handful of options stack up.
Banana River Estates is a community in Cape Canaveral, Florida.
Quick facts
$235,000 – $375K price range
1,328 sqft median home
$750/mo median HOA
2 sold in 12 months
Drive times
On the market now
Homes for sale in Banana River Estates
$235,000
5800 N BANANA RIVER BOULEVARD UNIT 134, CAPE CANAVERAL
2 bd · 2 ba · 1,116 sqft
$375,333
, CAPE CANAVERAL
2 bd · 2 ba · 1,328 sqft
$240,000$247,500
5807 N ATLANTIC AVENUE UNIT 421, CAPE CANAVERAL
3 bd · 2 ba · 1,354 sqft
Every active listing inside the Banana River Estates boundary
Open full map search →Find your fit
Browse Banana River Estates
By feature — on the live map
Where the market lives
The numbers that matter
The Banana River Estates market
2
Sold, last 12 months
$285,750
Median sold price
90%
Sale-to-list ratio
What sellers actually get vs asking
42 days
Median time to sell
Banana River Estates vs Cape Canaveral
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the Banana River Estates boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Banana River Estates is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Banana River Estates home
≈ $2,493/mo
$240,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$750/mo
Median HOA
From current listings inside the boundary
Population
588
Median age
55
Median income
$88,051
Median home value
$388,713
Beyond the listings
Living in Banana River Estates
Food & Drink
Top 8% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Appearance oriented
Top 16% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Culture
Top 17% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Relationships
Top 17% in the U.S.Girl Squad
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
Relationships
Top 19% in the U.S.Connected Motherhood
Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.
Emotional
Top 20% in the U.S.Awestruck
Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.
Straight answers
Banana River Estates FAQs
Is Banana River Estates a good place to live?+
It's a quiet, established beachside neighborhood in Cape Canaveral with the Banana River on one side and the Atlantic close by. The pace is relaxed and it appeals to buyers who want coastal Florida without a busy resort feel. Assigned schools include Freedom 7 Elementary and Edgewood Jr/Sr High School.
Is it expensive to buy here?+
Prices are moderate for a barrier-island location, with a median list price of $240,000 and active listings ranging from $235,000 to about $375,000. That works out to roughly $223 per square foot on a median home size of 1,328 square feet, making it more accessible than many beachside markets.
What do homes cost in Banana River Estates?+
Current active listings center on a $240,000 median, while the two homes sold over the last 12 months closed at a median of $285,750. Because inventory is thin, actual sale prices depend heavily on condition, water access, and how long a home has been sitting.
How is the market right now?+
It's a slow, buyer-friendly market with just 3 homes active and a median of 135 days on market. Sellers averaged 90% of their asking price over the past year, so there's meaningful negotiating room if you're patient and come prepared.
What about HOA fees and property taxes?+
The median HOA here runs about $750 per month, which is on the higher side and worth confirming for what it covers before you write an offer. Median annual property tax is around $3,216, keeping ongoing ownership costs reasonable for a coastal property.
Keep exploring
More Cape Canaveral neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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