624 Monroe Avenue 501, Cape Canaveral, FL 32920

$1,950,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,617 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $1,950,000 List Date: 9/27/2023 Last Modified: 9/17/2025

Description

Spectacular opportunity! 5th floor Oceanfront Penthouse encompasses the entire top floor of extremely well-maintained Ocean Estates. Over 4,600 SF of living space plus 4 balconies with Ocean to River views in every direction. 4 bedrooms, 3 & 1/2 bathrooms, and multiple generously sized living and dining areas. Private elevator entry with stately Foyer and Rotunda upon entry. An enormous Living area near the entry is currently used as a game room, leading to a passthrough wet bar with wine fridge, prep sink, ice maker, walk-in pantry, with adjacent Powder Room. The Chef's Kitchen outfitted with Subzero and Meile appliances opens to the spacious Great Room and features water views in multiple directions. A wrap-around balcony off the Kitchen circles the Great Room for entertaining while...

Supplements: ocean gazing and perfect rocket launch views. The Primary Suite showcases a private, large oceanfront corner balcony, en-suite spa bathroom, living area with ventless gas fireplace, and multiple sliding doors for natural light and nonstop ocean views. Guest Suite features its own private SE oceanfront balcony and oversized spa en-suite bathroom. An Office with library shelving leads to 2 additional Bedrooms, one with its own private NW-facing balcony, and hall Bathroom. Electric shutters on every opening, window treatments throughout, with Travertine and porcelain Tile flooring. Private 2 Car Garage with room for your beach toys and bikes leads to the lobby elevator. All Furniture and Furnishings convey. Inquire for a full Features sheet. Rare opportunity to own such an incredible property on the budding Space Coast with the upcoming $100 mil Aquarium, flourishing Space Industries, Cruising, nearby International Airports, and stunning beaches!

More Information MLS# 976226

Location, Tax, and Legal

Unit Number: 501 Tax Account: 2458395 Parcel Number: 24-37-23-Cg-00024.0-0014.07 General County Location: Central Elementary School: Cape View Middle School: Cocoa Beach High School: Cocoa Beach Tax Annual Amount: 16590.5 Tax Year: 2022 Tax Legal Description: OCEAN ESTATES CONDO UNIT 501 OCEAN ESTATES CONDO AS DESC IN ORB 5423 PG 1938 AND ALL AMENDMENTS THERETO Directions: A1A to Jackson, East to Orange, turn left. Right on Monroe. Condo will be on the left at the end of the street.

General Property Information

Stories Total: 5 Bathrooms Half: 1 Living Area: 4617 Living Area Source: Public Records Lot Size Acres: 0.03 Lot Size Square Feet: 1307 Accessibility Features YN: No Association YN: Yes Association Fee: 2400 New Construction YN: No Association Fee Frequency: Monthly Association Name: BP Davis Property Management Garage YN: Yes Property Use: 04 / CONDOMINIUM UNIT Garage Spaces: 2 Carport YN: No Waterfront YN: Yes Senior Community YN: No CDD Fee YN: No Community Fee(s) YN: No Water Body Access YN: Yes Furnished: Furnished Stories: 1 Entry Level: 5 Direction Faces: West Pool Private YN: No List Price/SqFt: 454.84 Sold Price/SqFt: 422.35 Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 2005

Remarks and Miscellaneous

Public Remarks: Spectacular opportunity! 5th floor Oceanfront Penthouse encompasses the entire top floor of extremely well-maintained Ocean Estates. Over 4,600 SF of living space plus 4 balconies with Ocean to River views in every direction. 4 bedrooms, 3 & 1/2 bathrooms, and multiple generously sized living and dining areas. Private elevator entry with stately Foyer and Rotunda upon entry. An enormous Living area near the entry is currently used as a game room, leading to a passthrough wet bar with wine fridge, prep sink, ice maker, walk-in pantry, with adjacent Powder Room. The Chef's Kitchen outfitted with Subzero and Meile appliances opens to the spacious Great Room and features water views in multiple directions. A wrap-around balcony off the Kitchen circles the Great Room for entertaining while...

Appliances

Convection Oven: 1 Dishwasher: 1 Disposal: 1 Double Oven: 1 Dryer: 1 Electric Range: 1 Electric Water Heater: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Association Amenities

Maintenance Grounds: 1 Maintenance Structure: 1 Management - Full Time: 1 Management - Off Site: 1 Pool: 1

Association Fee Includes

Cable TV: 1 Insurance: 1 Internet: 1 Pest Control: 1 Sewer: 1 Trash: 1 Water: 1

Closing Company Details

Closing Company Name: Donna Harris International Title and Escrow Co, LLC 321-784-7999 Closing Company Address: 226 N. Atlantic Ave Cocoa Beach, FL 32931

Construction Materials

Block: 1 Concrete: 1 Stucco: 1

Cooling

Central Air: 1

Current Use

Residential: 1

DPR Eligible

DPR Eligible: No

Exterior Features

Balcony: 1 Storm Shutters: 1

Fireplace Features

Other: 1

Flooring

Tile: 1

Green Energy Efficient

Thermostat: 1

Heating

Central: 1

Interior Features

Breakfast Bar: 1 Built-in Features: 1 Ceiling Fan(s): 1 Elevator: 1 His and Hers Closets: 1 Kitchen Island: 1 Open Floorplan: 1 Pantry: 1 Primary Bathroom - Tub with Shower: 1 Split Bedrooms: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Electric Dryer Hookup: 1 Gas Dryer Hookup: 1 Washer Hookup: 1

Legal Details

Permission Granted to Advertise: Yes

Levels

Three Or More: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Dead End Street: 1

Parking Features

Attached: 1 Garage Door Opener: 1

Pets Allowed

Call: 1 Cats OK: 1 Dogs OK: 1

Pool Features

Gas Heat: 1 Heated: 1 In Ground: 1

Possession

Close Of Escrow: 1

Water Body Access Type

Community: 1

Road Surface Type

Asphalt: 1

Roof

Membrane: 1 Other: 1

Security Features

Fire Sprinkler System: 1 Secured Elevator: 1 Secured Lobby: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

Spa Features

Bath: 1 In Ground: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Electricity Connected: 1

View

Ocean: 1 Water: 1

Water Source

Public: 1

Waterfront Features

Ocean Access: 1 Ocean Front: 1

Showing Requirements

Appointment Only: 1 No Sign: 1 Showing Service: 1

Rental Restrictions

3 Months: 1

Contract Information

Current Price: $1,950,000 Original List Price: 2300000 Sold Price: $1,950,000 Status: Closed Listing Contract Date: 2023-09-27 Property Sub Type: Condominium

Location Tax and Legal

Street Number: 624 Street Name: Monroe Street Suffix: Avenue County: Brevard State: FL Postal Code: 32920 MLS Area Major: 271 - Cape Canaveral Subdivision Name: Ocean Estates Condo

Status Change Information

Major Change Timestamp: 2024-05-03T17:40:10Z Major Change Type: Status Change Price Change Timestamp: 2024-02-13T15:14:05Z Status Change Timestamp: 2024-05-03 Purchase Contract Date: 2024-04-13 Close Date: 2024-05-03 Close Price: 1950000

Property Features

Appliances: Convection Oven; Dishwasher; Disposal; Double Oven; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - Off Site; Pool Association Fee Includes: Cable TV; Insurance; Internet; Pest Control; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Residential Exterior Features: Balcony; Storm Shutters Fireplace Features: Other Flooring: Tile Green Energy Efficient: Thermostat Heating: Central Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Elevator; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Dead End Street Parking Features: Attached; Garage Door Opener Pets Allowed: Call; Cats OK; Dogs OK Pool Features: Gas Heat; Heated; In Ground Possession: Close Of Escrow Water Body Access Type: Community Rental Restrictions: 3 Months Road Surface Type: Asphalt Roof: Membrane; Other Security Features: Fire Sprinkler System; Secured Elevator; Secured Lobby; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; No Sign; Showing Service Spa Features: Bath; In Ground Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected View: Ocean; Water Water Source: Public Waterfront Features: Ocean Access; Ocean Front
Listing Office: Century 21 Ocean
Last Updated: September - 17 - 2025
Information is deemed to be reliable, but is not guaranteed.

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