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7520 RIDGEWOOD AVENUE 805

CAPE CANAVERAL, FL 32920

MLS#: TB8508853

$650,000

Status: Active
Listing number: TB8508853
Listing provided by: MARK SPAIN REAL ESTATE
Listing agent phone: None
Last update: 4 hours ago
New on site 1 day ago
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CANAVERAL TOWERS - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1975

Sq.Footage

1,145

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.

Features & Amenities

Interior

  • Other Interior Features

    Elevator, Open Floorplan

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Assigned

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Water

Area & Lot

  • Lot Size(acres)

    2.98

  • Lot Size(square feet)

    129968.0

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $650,000

  • Tax Amount

    $6,019

  • Sq. Footage

    1, 145

  • Price/SqFt

    $567

HOA

  • Association

    Yes

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

  • Total Monthly Fees

    $1,085

School District

  • Elementary School

    Cape View Elementary School

  • Middle School

    Thomas Jefferson Middle School

  • High School

    Cocoa Beach Junior/Senior High School

Property Features

  • Stories

    9

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Condominium

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1, 75

  • Water Source

    Public

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Location

County

Brevard

Elementary School

Cape View Elementary School

Middle School

Thomas Jefferson Middle School

High School

Cocoa Beach Junior/Senior High School

Listing Courtesy of Dina Pizzuto , MARK SPAIN REAL ESTATE

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(561) 609-2391

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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.

7520 RIDGEWOOD AVENUE 805

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