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For SaleCondominium
$450K
8871 Lake Drive #302, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Solana Lake Condo Ph VII
2
Bedrooms
2
Bathrooms
1,698
Sq Ft
2003
Year Built
$265 /sqft

About This Property

Description from listing agent

Welcome to the highly sought-after waterfront community of Solana Lake, just a stone's throw from the stunning beaches of Cape Canaveral. This desirable third-floor unit offers breathtaking sunset views overlooking the pool and complex, along with an oversized one-car garage. You'll find yourself closest to the expansive heated pool and jacuzzi, with direct water views from your patio. Step inside to discover high-end finishes throughout, including a beautifully renovated kitchen featuring stainless steel appliances, granite countertops, and elegant porcelain tile flooring. The spacious main bedroom and sizable second bedroom provide ample comfort for residents and guests alike. Enjoy the ease of a short stroll to the beach while benefiting from an HOA that covers water, cable/internet, security, and pest control. Fully furnished options are available for a seamless move-in experience. With strong financials and healthy reserves, this property can be your own piece of paradise!

Space Coast Context

🚀 Launch Viewing — Great Views

11.1 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin6 mi~13 min
SpaceX6.3 mi~14 min
Lockheed6.4 mi~14 min
Boeing/KSC8.7 mi~19 min
KSC9.9 mi~22 min
Northrop19.1 mi~43 min
L3Harris21.1 mi~47 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.

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)
HOA Fee
$750/mo
Pool
Yes
Days on Market
144
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: SOLANA LAKE CONDO PH VIII
  • Fee: $750 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Feb 23, 2026
Parcel #
24-37-14-00-00057.0-G302.00
$450K

Listing Agent (for property info)

A
Adam Sortman
Boardwalk Realty, LLC
321-298-0034
Call Listing Agent

Estimated Monthly Payment

$3,721/mo
Principal & interest
$2,371
Property taxes
$450
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $450K price — down payment shown: $90,000.

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# 1070065

Interested in this property?

Equal Housing Opportunity

MLS# 1070065 · Listing Broker: Boardwalk Realty, 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.