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For SaleTownhouse
$269K
8754 Banyan Way, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Ocean Woods Stage 1 Replat of
2
Bedrooms
3
Bathrooms
1,240
Sq Ft
1978
Year Built
$217 /sqft

About This Property

Description from listing agent

Welcome to this beautiful two-story townhome offering comfort, convenience, and resort-style living. Featuring 2 spacious bedrooms and 2.5 bathrooms, this home includes upstairs laundry conveniently located with the bedrooms, a carport, fenced-in outdoor space, and a screened-in patio—perfect for relaxing or entertaining. Recent upgrades include a new electrical panel for added peace of mind. Located in a gated community with a low monthly HOA, residents enjoy an incredible array of amenities, including two sparkling pools, a sauna, tennis courts, and private beach access. Just minutes from cruise ship terminals, shopping, and dining, this home is ideal as a primary residence, vacation getaway, or investment property. As a bonus, enjoy breathtaking rocket launches right from your backyard, creating unforgettable views and a truly unique living experience.

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

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Price History

Date
Event
Price
  • 12/31/25
    Listed
    $269K
    $217/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

Based on 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $270,000
Typical Offer Discount
95.4% of list price
At that rate, a competitive offer ≈ $256,591
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.03 acres (1,307 sqft)
Full Baths
2
Half Baths
1
HOA Fee
$205/mo
Days on Market
80
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

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

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Apr 7, 2026
Parcel #
24-37-14-52-00000.0-0016.00
$269K

Listing Agent (for property info)

G
Galina K. Reyes
Coldwell Banker Realty
407-739-3695
Call Listing Agent

Estimated Monthly Payment

$2,041/mo
Principal & interest
$1,417
Property taxes
$269
Insurance & HOA
$355

Based on a 6.90% rate, 30-year loan, and $269K price — down payment shown: $53,800.

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# 1065196

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Equal Housing Opportunity

MLS# 1065196 · Listing Broker: Coldwell Banker Realty · 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.