Neighborhood · Cape Canaveral, Florida
Banana River Estates
Coastal living minutes from the Space Coast beaches
3
Homes for sale
$240,000
Median list price
$223
Avg price / sqft
135
Median days on market
Banana River Estates sits on Florida's Space Coast in Cape Canaveral, where the river on one side and the Atlantic just to the east frame a low-key, salt-air neighborhood. This is a place for people who want a smaller-footprint home near the water without the crowds — the kind of community where Cape Canaveral Beach Gardens neighbors know each other and the beach is a short drive, not an all-day expedition. Families here are zoned to schools including Freedom 7 Elementary School of I and Edgewood Jr/Sr High School.
For a buyer today, this is a thin, patient market — just 4 active listings, with a median list price of $237,500 and homes taking a median 99 days to sell. That slower pace works in your favor: sellers averaged 90% of asking over the past year, so there's room to negotiate. Browse the current Cape Canaveral homes for sale or watch inventory move on the live map.
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 suits buyers who want a quiet, water-adjacent Cape Canaveral neighborhood with the river on one side and Atlantic beaches close by. Families are zoned to schools including Freedom 7 Elementary School of I, and the community keeps a low-key, residential feel.
Is it expensive to buy here?+
Not by coastal Florida standards — the median list price is $237,500, with active listings ranging from about $199,800 to $375,333. At an average of $212 per square foot for homes near 1,233 sqft, it's an accessible entry point to Space Coast living.
What do homes cost in Banana River Estates?+
Current listings run from roughly $199,800 to $375,333, with a $237,500 median asking price. Over the past 12 months the two homes that sold closed at a median of $285,750, so recent sales have landed above today's median list.
How is the market right now?+
It's slow and thin, with only 4 active listings and a median 99 days on market. Sellers averaged 90% of asking price over the last year, which means patient buyers have leverage to negotiate. You can track new inventory on the live map.
What about HOA fees and property taxes?+
The median HOA runs about $750 a month, which is on the higher side and worth confirming against what it covers for a given property. Median annual property tax is around $3,214, keeping ongoing ownership costs moderate.
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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