Royale Towers is the early 1980s oceanfront condominium on Atlantic Avenue where units run from 1,256 square feet up to 3,049, and eleven of the last twelve listings were waterfront.
Royale Towers is an oceanfront condominium on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, built across three phases in 1980 and 1981. Eleven of the twelve units that came to market in the last twelve months were waterfront.
Units run 1,256 to 3,049 square feet with 2 to 4 bedrooms, at about $374 per square foot. The median sale over the last twelve months was $501,250, in a range from $402,000 to $1,225,000.
Monthly fees run $780 to $835 a month, and the median annual property tax was $5,928. 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.
What sets this building apart is the spread. A 1,256 square foot two bedroom and a 3,049 square foot four bedroom trade in the same building, and the sold range ran $402,000 to $1,225,000. Very few Cocoa Beach buildings let you shop that broadly at one address.
From the last twelve months of activity at Royale Towers.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 1,256 to 3,049 square feet |
| Bedrooms | 2 to 4 |
| Year built | 1980 to 1981 |
| Median sold price | $501,250 |
| Sold price range | $402,000 to $1,225,000 |
| Price per square foot | About $374 median |
| Condo fee | $780 to $835 a month |
| Waterfront | 11 of 12 recent listings |
| Property tax | About $5,928 median annual |
| Days on market | 64 days median, at about 95 percent of original asking price |
| Location | Atlantic Avenue, Cocoa Beach |
On a condominium the fee is only the first of three questions that decide what you actually pay.
Among the lower oceanfront fees in Cocoa Beach, and unusually consistent across the three phases. On a building over forty years old the number to interrogate is reserve funding rather than the monthly itself.
Florida 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.
A 64 day median with closings near 95 percent of asking. Enough room for a considered offer, not enough to lowball.
From 1,256 up to 3,049 square feet, the widest unit range of any Cocoa Beach oceanfront building.
Eleven of the last twelve listings were waterfront on the Atlantic.
$780 to $835 a month, at the lower end for direct oceanfront in Cocoa Beach.
Built 1980 and 1981 across three phases, with consistent fees between them.
Four of the recent listings referenced pool amenities alongside the beach access.
Direct beach access with the pier and downtown Cocoa Beach a short drive south.
Live MLS listings filtered to Royale Towers. This is a single building, so the list is short by definition and turnover is what drives it.
$780 to $835 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
The median closed price over the last twelve months was $501,250, in a range from $402,000 to $1,225,000, at about $374 per square foot.
Roughly 1,256 to 3,049 square feet with 2 to 4 bedrooms.
In 1980 to 1981. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Royale Towers sits on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, directly on the Atlantic.
A1A runs north to Cape Canaveral and Port Canaveral and south toward Patrick Space Force Base, with the pier and downtown a short drive and SR 520 crossing the causeway west toward I-95.
If Royale Towers is on your list, my partner Nichole and I are the agents to call. We sell Cocoa Beach 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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