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For SaleSingle Family Home
$420K
8759 Banyan Way, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Ocean Woods Stage 1 Replat of
3
Bedrooms
2
Bathrooms
1,104
Sq Ft
1978
Year Built
$380 /sqft

About This Property

Description from listing agent

Rare opportunity to own a detached single-family home in the gated Ocean Woods community, just a short walk to the beach! This beautifully updated 3-bedroom, 2-bath home offers easy coastal living with luxury vinyl plank flooring throughout and a renovated kitchen featuring quartz countertops & waterfall island, stainless steel appliances, soft-close cabinetry, and pull-out shelves. The spacious screened Florida room with a cozy fireplace is perfect for relaxing or entertaining, while the private fenced backyard provides plenty of outdoor space to enjoy. An attached one-car garage adds convenience and extra storage. Ocean Woods residents enjoy two community pools, tennis courts, a clubhouse, and a beautifully maintained setting. Ideally located near Port Canaveral, waterfront dining, shopping, entertainment, and Kennedy Space Center, this home is perfect as a primary residence, vacation retreat, or investment property.

Space Coast Context

🚀 Launch Viewing — Great Views

11.5 mi from SLC-40

11.5 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
Blue Origin6.5 mi~14 min
SpaceX6.7 mi~15 min
Lockheed6.8 mi~15 min
Boeing/KSC8.9 mi~20 min
KSC10 mi~22 min
Northrop18.7 mi~42 min
L3Harris20.7 mi~46 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/31/26
    Listed
    $420K
    $380/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.07 acres (3,049 sqft)
Full Baths
2
Garage
1 car (attached)
Fireplaces
2
HOA Fee
$205/mo
Days on Market
27
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: Ocean Woods HOA
  • Fee: $205 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jul 31, 2026
Parcel #
24-37-14-52-00000.0-0005.00
$420K

Listing Agent (for property info)

B
Bobby W Freeman III
Compass Florida, LLC
321-693-1694
Call Listing Agent

Estimated Monthly Payment

$2,988/mo
Principal & interest
$2,213
Property taxes
$420
Insurance & HOA
$355

Based on a 6.90% rate, 30-year loan, and $420K price — down payment shown: $84,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1083852

What's Nearby

shopping
Circle K
0.1 mi away
shopping
7-Eleven
0.4 mi away
schools
Cape View Elementary School
0.4 mi away
restaurants
Wendy's
0.5 mi away
home improvement
Ace Hardware
0.5 mi away
pharmacies
Mike's Pharmacy
0.5 mi away
government
Cape Canaveral Post Office
0.5 mi away
restaurants
Subway
0.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083852 · Listing Broker: Compass Florida, LLC · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.