Living in Florida's Space Coast
OCEAN OAKS
Ocean Oaks is the mid 1990s oceanfront condominium on Ridgewood Avenue where all eleven recent listings were waterfront and the fee is a flat $991 a month.
Ocean Oaks In Cape Canaveral, Florida
Ocean Oaks is an oceanfront condominium on Ridgewood Avenue in Cape Canaveral, in the 32920 zip code, built across two phases in 1994 and 1995. All eleven units that came to market in the last twelve months were waterfront on the Atlantic.
Units run 1,590 to 2,114 square feet with 2 to 3 bedrooms, at about $370 per square foot. The median sale over the last twelve months was $600,000, in a range from $452,500 to $792,000.
Monthly fees run $991 a month, and the median annual property tax was $5,814. Add those together before you compare this building against another on sale price alone, because the monthly picture is not what the list price suggests.
At a $600,000 median and about $370 per square foot it sits between the value communities on the river side and Solana Shores at the top. The fee is a flat $991 across the building, and the median annual tax was $5,814.
Ocean Oaks At A Glance
From the last twelve months of activity at Ocean Oaks.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 1,590 to 2,114 square feet |
| Bedrooms | 2 to 3 |
| Year built | 1994 to 1995 |
| Median sold price | $600,000 |
| Sold price range | $452,500 to $792,000 |
| Price per square foot | About $370 median |
| Condo fee | $991 a month |
| Waterfront | 11 of 11 recent listings |
| Property tax | About $5,814 median annual |
| Days on market | 77 days median, at about 95 percent of original asking price |
| Location | Ridgewood Avenue, Cape Canaveral |
Ocean Oaks Costs, Honestly
On a condominium the fee is only the first of three questions that decide what you actually pay.
Monthly Fee
$991 a monthA flat $991 a month across the building rather than tiers. On a 1994 and 1995 structure the reserve study and milestone status are the documents that tell you whether that number is sustainable.
Milestone Inspection And Reserves
Ask before you offerFlorida requires milestone inspections and structural integrity reserve studies for older multi story condominium buildings, and the findings drive both reserve funding and the odds of a special assessment. We request the milestone status, the reserve study and the last two years of board minutes before you go under contract.
Moderate Negotiating Room
About 95 percent of original listA 77 day median with closings near 95 percent of asking. Enough room for a considered offer, not enough to lowball.
Ocean Oaks Features
Every Unit Oceanfront
All eleven recent listings were waterfront on the Atlantic.
Flat Fee Structure
A single $991 monthly figure across the building.
Built 1994 To 1995
Mid 1990s construction, newer than the 1970s and 1980s beachside towers.
Steady Turnover
Eleven units traded in twelve months, so there are real comparables to price against.
Two And Three Bedrooms
From 1,590 to 2,114 square feet.
On Ridgewood Avenue
Direct beach access with Port Canaveral minutes north.
Condos For Sale At Ocean Oaks
Live MLS listings filtered to Ocean Oaks. This is a single building, so the list is short by definition and turnover is what drives it.
Ocean Oaks Frequently Asked Questions
What are the condo fees at Ocean Oaks?
$991 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
How much do units sell for at Ocean Oaks?
The median closed price over the last twelve months was $600,000, in a range from $452,500 to $792,000, at about $370 per square foot.
How big are the units at Ocean Oaks?
Roughly 1,590 to 2,114 square feet with 2 to 3 bedrooms.
When was Ocean Oaks built?
In 1994 to 1995. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Ridgewood Avenue, Cape Canaveral
Ocean Oaks sits on Ridgewood Avenue in Cape Canaveral, in the 32920 zip code, directly on the Atlantic.
A1A runs south to Cocoa Beach and north to the Port Canaveral cruise terminals and Cape Canaveral Space Force Station. SR 528 crosses the causeway west toward Merritt Island, I-95 and Orlando, and the Atlantic beaches are a short walk or drive east.
Near Ocean Oaks In Cape Canaveral
Considering Ocean Oaks?
If Ocean Oaks is on your list, my partner Nichole and I are the agents to call. We sell Cape Canaveral every week, we know these buildings and these streets, and we will tell you straight whether a place is priced right. Reach out anytime at (321) 212-7676.
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