7520 RIDGEWOOD Avenue 805, 809, 906, Cape Canaveral, FL 32920

Not Validd

$1,960,000
$1712/sq ft
Active
Water View
2 Beds
2.0 Baths
1,145 Sq Ft
1975 Year Built

About This Home

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.

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Location

Property location map

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Features & Amenities

Interior Features

  • Dishwasher
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Refrigerator
  • Washer
  • Breakfast Bar
  • Open Floorplan
  • Pantry
  • Primary Bathroom - Tub with Shower
  • Flooring: Tile

Exterior Features

  • Balcony
  • Impact Windows
  • Dead End Street
  • Additional Parking
  • Detached Carport
  • Guest
  • Other

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Property Details

Property Type: Condominium
Year Built: 1975
Lot Size: 0 Acres (0 sq ft)
Stories: 9
HOA Fees: $1,085/Monthly
Property Tax (2025): $4,986/year
Flooring: Tile
MLS #: 2145976
Utilities: Electricity Connected, Water Connected

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