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Back to SearchCape Canaveral7520 RIDGEWOOD Avenue 805, Cape Canaveral, FL 32920

$650,000

ACTIVE

7520 RIDGEWOOD Avenue 805, Cape Canaveral, FL 32920

2
Beds
2
Baths
1,145
Sq Ft
1975
Built
$568
/ Sq Ft

About This Home

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.

Property Details

Property TypeCondominium
CommunityNot Validd
Year Built1975
Price / Sq Ft$568
CityCape Canaveral
Zip Code32920

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Location

7520 RIDGEWOOD Avenue 805, Cape Canaveral

MLS ID: 20260511130640491075000000 · Listing data provided by NEFAR MLS via Spark API. Information deemed reliable but not guaranteed. Last updated May 18, 2026. Listing courtesy of MARK SPAIN REAL ESTATE.

$650,000
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