Living in Florida's Space Coast
ROYAL MANSION
Royal Mansion is the 1988 oceanfront condominium on Ridgewood Avenue where every unit is the same 1,058 square foot two bedroom and four are on the market right now.
Royal Mansion In Cape Canaveral, Florida
Royal Mansion is an oceanfront condominium on Ridgewood Avenue in Cape Canaveral, in the 32920 zip code, built in 1988. Four of the five units that came to market in the last twelve months were waterfront.
Units run 1,058 to 1,058 square feet with 2 to 2 bedrooms, at about $411 per square foot. The median sale over the last twelve months was $435,000, in a range from $435,000 to $435,000.
Monthly fees run $960 to $1,252 a month, and the median annual property tax was $2,773. 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.
Only one unit closed in the last twelve months, at $435,000, with four still active. With that little sales data the pricing here has to be read against comparable Cape Canaveral buildings rather than against itself. The tax bill is notably low at a $2,773 median, and the fee spread of $960 to $1,252 on identical units is worth asking the association about.
Royal Mansion At A Glance
From the last twelve months of activity at Royal Mansion.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 1,058 to 1,058 square feet |
| Bedrooms | 2 to 2 |
| Year built | 1988 |
| Median sold price | $435,000 |
| Sold price range | $435,000 to $435,000 |
| Price per square foot | About $411 median |
| Condo fee | $960 to $1,252 a month |
| Waterfront | 4 of 5 recent listings |
| Property tax | About $2,773 median annual |
| Days on market | 22 days median, at about 97 percent of original asking price |
| Location | Ridgewood Avenue, Cape Canaveral |
Royal Mansion Costs, Honestly
One sale is not a market. Here is what to look at instead.
Monthly Fee
$960 to $1,252 a monthReported figures ran $960 to $1,252 a month on identically sized units, a wide spread that usually means assessments layered on the base fee. On a 1988 oceanfront building that possibility deserves a direct question to the association.
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 97 percent of original listA 22 day median with closings near 97 percent of asking. Enough room for a considered offer, not enough to lowball.
Royal Mansion Features
One Floor Plan
Every unit is 1,058 square feet with two bedrooms, so comparisons come down to floor, view and condition.
Four Currently Active
Only one unit closed in twelve months with four still on the market, so there is inventory and time.
Low Tax Bill
A $2,773 median annual assessment, one of the lowest of any oceanfront building in either city.
Mostly Oceanfront
Four of the five recent listings were waterfront.
Wide Fee Spread
$960 to $1,252 a month on identical units, which is worth asking about directly.
Built 1988
The milestone inspection and reserve study are the documents that matter on a building of this age.
Condos For Sale At Royal Mansion
Live MLS listings filtered to Royal Mansion. This is a single building, so the list is short by definition and turnover is what drives it.
Royal Mansion Frequently Asked Questions
What are the condo fees at Royal Mansion?
$960 to $1,252 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
How much do units sell for at Royal Mansion?
The median closed price over the last twelve months was $435,000, in a range from $435,000 to $435,000, at about $411 per square foot.
How big are the units at Royal Mansion?
Roughly 1,058 to 1,058 square feet with 2 to 2 bedrooms.
When was Royal Mansion built?
In 1988. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Why is there so little sales data for Royal Mansion?
Only one unit closed in the last twelve months, at $435,000, with four still active. Pricing here has to be read against comparable Cape Canaveral buildings rather than against the building own history.
Ridgewood Avenue, Cape Canaveral
Royal Mansion sits on Ridgewood Avenue in Cape Canaveral, in the 32920 zip code, on the ocean side.
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 Royal Mansion In Cape Canaveral
Considering Royal Mansion?
If Royal Mansion 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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