Cape Canaveral · Selling
Selling and buying at the same time in Cape Canaveral
Sell first, buy first or together: a plan for your situation, with both closings lined up.
Free · Agents who know Cape Canaveral · Every step in one app
Cape Canaveral sits next to Port Canaveral, one of the busiest cruise ports in the world.
Selling one home and buying another at the same time is one of the most stressful moves there is. You are a seller and a buyer at once, with two sets of dates, two sets of paperwork and one big question: what if the timing does not line up? Many people lose sleep over the idea of owning two homes, or owning none.
Read the full guide: selling and buying at the same time, step by step →
What this means in Cape Canaveral
- The typical owner-occupied home in Cape Canaveral is worth about $372,400, 10% above the Brevard County typical value. At about 6–8% total selling costs, that is roughly $22,300–$29,800 on a typical sale here; your own number depends on your price and mortgage.
- About 38% of homes in Cape Canaveral were built before 1980. Older Florida homes often need a 4-point inspection (roof, electrical, plumbing, heating and cooling) before an insurer will cover them, so having one done early can stop surprises after you accept an offer.
- Cape Canaveral is on the barrier island, so flood zones and wind insurance weigh more here than on the mainland. Florida law now requires sellers to tell buyers about past flood claims and flood damage (section 689.302), and buyers should ask for flood insurance quotes before the inspection period ends.
- To look up a home's flood zone in Cape Canaveral, use City of Cape Canaveral Flood Information. A home's flood zone decides whether a lender requires flood insurance.
- When you move in Cape Canaveral: power is usually from Florida Power & Light (FPL), and water from City of Cocoa Utilities. Set up service a week or two before Moving Day.
- Vacation rentals in Cape Canaveral fall under the city's Vacation Rental and Inspection Program, which began on October 1, 2021.
What’s different for you
- Choose the order. Sell first, buy first, or together, from four questions about your situation.
- Link the closings. Your purchase can wait on your sale so you never own two homes by accident.
- One Moving Day. One plan, one countdown, one money number.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Cape Canaveral. You always see what to do next, and your agent handles the how.
Cape Canaveral in numbers
- The typical home here is valued at about $372,400, which is 10% higher than Brevard County as a whole ($339,600).
- The typical home here was built around 1985, about 41 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- About 41% of homes here are rented, more than the county's 23%. Expect some buyers to be investors.
- Homes on the barrier island usually cost more to insure for wind and flood. Get insurance quotes before your inspection period ends.
- Owners with a mortgage pay about $1,759 a month in housing costs, $441 more than typical rent ($1,318). Many of those owners bought years ago at lower prices, so today's buyers often pay more.
At a typical Cape Canaveral price of about $370,000, Florida's deed tax is $2,590 and the owner's title policy is about $1,925. Typical value here is 5.5 times the typical household income, compared with 4.3 for the county.
Questions people ask
What if my sale falls through?
Your plan can make the purchase depend on the sale; your agent explains how for your contract.