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For SaleCondominium
$400K
8941 Lake Drive #204, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Solana Lake Condo Ph IV
2
Bedrooms
2
Bathrooms
1,828
Sq Ft
2002
Year Built
$219 /sqft

About This Property

Description from listing agent

Location is just one of the many great features of immensely popular Solana Lake. It is a well-kept and solid, gated condominium with an active lifestyle about a block from the beach. This home is an 1830 SF 2bed/2bath PLUS a den. Large first-floor garage with plenty of room for the tools and toys. Never get wet unloading the car. Large walk-in closets. Separate garden tub and shower in primary bath. New paint and high-end AC unit. Newer refrigerator and washer/dryer. Sit on your 140 SF balcony and enjoy a great view of cruise ships, rockets, and wildlife. Reserves are fully funded and roofs are brand new. The SIRS was almost perfect. Ample green space and parking. Island pool, spa, and cabana. The private crossover leads you to a quieter section of beach. Amenities include tennis courts, clubhouse with well-equipped gym, sauna, etc. Walk/bike to Jetty Park. Centrally located with easy drives to airports, KSC, malls, and shopping.

Space Coast Context

🚀 Launch Viewing — Great Views

11 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin6 mi~13 min
SpaceX6.2 mi~14 min
Lockheed6.3 mi~14 min
Boeing/KSC8.6 mi~19 min
KSC9.8 mi~22 min
Northrop19.2 mi~43 min
L3Harris21.2 mi~47 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
  • 11/30/25
    Listed
    $400K
    $219/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
10.6% below market
Median comparable close price: $447,500
Typical Offer Discount
97.1% of list price
At that rate, a competitive offer ≈ $388,381
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.05 acres (2,178 sqft)
Full Baths
2
Garage
1 car
HOA Fee
$750/mo
Waterfront
Atlantic Ocean
Days on Market
211
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: Solana Lake Condominium Owners Association
  • Fee: $750 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Nov 30, 2025
Parcel #
24-37-14-00-00057.0-D204.00
$400K

Listing Agent (for property info)

J
John Bond
Cape Canaveral Real Estate
321-298-1118
Call Listing Agent

Estimated Monthly Payment

$3,407/mo
Principal & interest
$2,107
Property taxes
$400
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $400K price — down payment shown: $79,980.

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# 1063173

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Equal Housing Opportunity

MLS# 1063173 · Listing Broker: Cape Canaveral Real Estate · 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.