7520 RIDGEWOOD Avenue 805, 809, 906
Cape Canaveral, FL 32920
MLS# 2145976
2 beds | 2 baths
Property DescriptionRare 3-unit oceanfront investment portfolio in Canaveral Towers! Fully furnished, turnkey, income-producing condos offered together at a package price of $1,990,000. When rented full time, each unit has the potential to gross approximately $45,000-$65,000 annually, offering a combined estimated gross rental potential of approximately $135,000-$195,000 per year for the full 3-unit portfolio. Future bookings transfer with the sale if buyer continues with the current management company, creating immediate and seamless income potential. Weekly rentals allowed, making this an ideal opportunity for investors or buyers seeking oceanfront ownership with rental income. Canaveral Towers completed a major renovation in 2021, including balcony replacements, pool and 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.
Property Attached YN: Yes
Unit Type: Other
Current Price: $1,990,000
Property Sub Type: Condominium
Status: Active
List Price: $1,990,000
Listing Contract Date: 2026-05-19
Unit Number: 805, 809, 906
Country: US
Parcel Number: 24-37-23-CG-00045.
Tax Annual Amount: 4985.64
Tax Year: 2025
Tax Legal Description: CANAVERAL TOWERS UNIT 906 CANAVERAL TOWERS CONDO AS DESC IN ORB 1411 PG 981 AND ALL AMENDMENTS THERETO.
Zoning Description: Residential
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Bathrooms Half: 0
Living Area: 1145
Living Area Source: Appraiser
CDD Fee YN: No
Accessory Dwelling Unit Y/N: No
Association YN: Yes
Homestead YN: No
Association Fee: 1085
Association Fee Frequency: Monthly
Association Name: Canaveral Towers
Waterfront YN: Yes
Senior Community YN: No
Direction Faces: North
Directions: From FL-528 E, take Exit 54A toward Port Canaveral/Cape Canaveral. Continue north on George King Blvd, then turn right onto Astronaut Blvd. Turn right onto Ridgewood Ave and continue to Canaveral Towers Condominiums at 7520 Ridgewood Ave. Unit 906 is located on the 9th floor with direct beach access and convenient proximity to Port Canaveral, Cocoa Beach, shopping, dining, and entertainment.
Public Remarks: Rare 3-unit oceanfront investment portfolio in Canaveral Towers! Fully furnished, turnkey, income-producing condos offered together at a package price of $1,990,000. When rented full time, each unit has the potential to gross approximately $45,000-$65,000 annually, offering a combined estimated gross rental potential of approximately $135,000-$195,000 per year for the full 3-unit portfolio. Future bookings transfer with the sale if buyer continues with the current management company, creating immediate and seamless income potential. Weekly rentals allowed, making this an ideal opportunity for investors or buyers seeking oceanfront ownership with rental income. Canaveral Towers completed a major renovation in 2021, including balcony replacements, pool and 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.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 1
Pool Private YN: No
Water Body Access YN: Yes
Furnished: Furnished
Stories: 9
Stories Total: 9
List Price/SqFt: 1737.99
Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Year Built: 1975
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Elevator(s): 1
Management - Full Time: 1
Pool: 1
Shuffleboard Court: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Investment: 1
Residential: 1
Balcony: 1
Impact Windows: 1
Additional Parking: 1
Detached Carport: 1
Secured Elevator: 1
Security Lights: 1
Electricity Connected: 1
Water Connected: 1
Breakfast Bar: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Community: 1
Public Accessible: 1
Street Number: 7520
Street Name: RIDGEWOOD
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 993-Out Of Area-South
Subdivision Name: Not Validd
Major Change Timestamp: 2026-05-19T12:25:11Z
Major Change Type: New Listing
Architectural Style: Other
Rental Restrictions: 1 Week
Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Interior Features: Breakfast Bar; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower
Laundry Features: In Unit
Utilities: Electricity Connected; Water Connected
Security Features: Secured Elevator; Security Lights; Smoke Detector(s)
Construction Materials: Concrete; Stucco
Exterior Features: Balcony; Impact Windows
Patio And Porch Features: Covered
Parking Features: Additional Parking; Detached Carport; Guest
Lot Features: Dead End Street
View: Beach; Ocean; Pool; Water
Water Body Access Type: Community; Public Accessible
Waterfront Features: Ocean Front
Current Use: Investment; Residential; Single Family
Association Amenities: Elevator(s); Management - Full Time; Pool; Shuffleboard Court; Storage; Trash
Association Fee Includes: Maintenance Grounds; Maintenance Structure; Trash; Water
Road Frontage Type: City Street
Road Surface Type: Asphalt
Possession: Close Of Escrow
Listing Terms: Cash; Conventional
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.
Listing Office: MARK SPAIN REAL ESTATE
Last Updated: May - 19 - 2026
Information deemed reliable but not guaranteed.
