7520 RIDGEWOOD AVE #805, CAPE CANAVERAL, FL, 32920
$650,000
Residential
|
Bedrooms
2
|
Bathrooms
2
|
Living Area
1,145 Sqft
|
Lot Size
129,968 Sqft
|
Fully renovated oceanfront condo-turnkey and ready to generate income! This beautifully updated 2BR/2BA unit in Canaveral Towers was remodeled approximately one year ago and features all new furnishings, making it completely move-in or rent-ready. Despite being off the market for renovations for several months, the property still generated approximately $16,700 in rental income in 2025, showcasing strong income potential once fully available year-round. Enjoy stunning ocean views from your private balcony-perfect for relaxing or watching rocket launches. Weekly rentals are allowed, making this ideal for investors or second-home buyers seeking income and personal use flexibility. Canaveral Towers underwent a complete renovation in 2021, including balcony replacements, pool and decking, plumbing, electrical, painting, and more--all assessments paid and reserves funded. Community amenities include a heated oceanfront pool, private beach access, shuffleboard, and on-site management. Also available as part of a 3-unit oceanfront investment portfolio opportunity.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8508853 | Year Built: | 1975 | |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer | Association Fee Includes: | Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water | |
| Community Features: | Pool | Construction Materials: | Concrete, Stucco | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Brevard | Direction Faces: | North | |
| Exterior Features: | Balcony | Flooring: | Vinyl | |
| Foundation Details: | Slab | Furnished: | Negotiable | |
| Heating: | Central | Laundry Features: | Inside | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Occupant Type: | Vacant | Parking Features: | Assigned | |
| Pets Allowed: | Yes | Possession: | Close Of Escrow | |
| Property Sub Type: | Condominium | Property Type: | Residential | |
| Road Surface Type: | Asphalt | Roof: | Concrete, Membrane | |
| Sewer: | Public Sewer | Showing Requirements: | ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Available, Water Available | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Primary Bedroom: | Kitchen: | |||
| Living Room: | Bedroom 2: | |||
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