7520 Ridgewood Avenue Unit 805, 809, 906, Cape Canaveral, FL 32920

$1,945,000
2
BD
2
BA
1,145
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,945,000
Price Change
▼ $15,000 1783647959
MLS#
2145976
Status
ACTIVE
Type
Condo
County
Brevard
City
Cape Canaveral
Neighborhood
993-Out Of Area-South
Subdivision
Not Validd
Bedrooms
2
Bathrooms
2
Living Area
1,145

Property Description

Rare 3-unit oceanfront investment portfolio in Canaveral Towers! Fully furnished, turnkey condos offered together at a package price of $1,960,000. Updated full-time gross rental projections show approximately $80,234 annually per unit, for a combined potential gross rental projection of approximately $240,702 per year for the full 3-unit portfolio. Future bookings may transfer with the sale if buyer continues with the current management company, creating immediate and seamless income potential. Weekly rentals are allowed, offering flexibility for investors or buyers seeking oceanfront ownership with rental income and personal use. Canaveral Towers completed major renovations in 2021, including balconies, pool/decking, plumbing, electrical, painting, and more. All assessments paid and reserves funded. Amenities include heated oceanfront pool, private beach access, shuffleboard, and on-site management. Minutes to Port Canaveral and approximately 45 minutes to Orlando/Disney. Minutes to Port Canaveral and approximately 45 minutes to Orlando/Disney. Units are also available for purchase individually. See individual MLS listings: MLS# 2144610, MLS# 2144619, and MLS# 2144611.

Additional Information

Year Built
1975
Style
Other
Stories
9
Community Amenities
Elevator(s), Shuffleboard Court, Storage, Trash, Management - Full Time
HOA Condo Fee
1085
Lot Description
Dead End Street
Waterfront Description
Ocean Front
Interior Features
Breakfast Bar, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower
Utilities
Electricity Connected, Water Connected
Major Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Exterior Features
Balcony, Impact Windows
Roof
Membrane
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach

Listing courtesy of MARK SPAIN REAL ESTATE.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Keller Williams Atlantic Partners are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved. Data last updated