7520 RIDGEWOOD AVENUE 805, CAPE CANAVERAL, FL 32920
CANAVERAL TOWERS · Brevard County
Key Facts
Description
Oceanfront 2BR/2BA condo turnkey in Canaveral Towers with stunning ocean views, strong rental potential, and a brand-new AC unit 2026! Fully renovated approximately one year ago and offered furnished, this unit is move-in ready, vacation-ready, or rental-ready from day one. Full-time gross rental projection is approximately $80,234 annually, making this a great option for investors seeking income potential with the flexibility for personal use.Enjoy ocean breezes and beautiful views from your private balcony — the perfect spot for morning coffee, relaxing by the water, or watching rocket launches. Weekly rentals are allowed, adding flexibility for short-term rental use. Canaveral Towers completed major renovations in 2021, including balconies, pool/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. Minutes to Port Canaveral and approximately 45 minutes to Orlando/Disney. Also available as part of a 3-unit oceanfront investment portfolio, MLS #2145976. Buyer to verify rental projections, restrictions, condo documents, and all information.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1975
Stories
9
Living Area
1,145 sq ft
Lot Size
2.98 acres
Ownership
Condominium
Zoning
0414
Days on Market
56
MLS® Listing#
TB8508853
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Construction
Foundation
Roof
Community
Utilities
Sewer
Water Source
Rooms
- Bedroom 2First
- KitchenFirst
- Living RoomFirst
- Master BedroomFirst
Schools
- Elementary:
- Cape View Elementary School
- Middle:
- Thomas Jefferson Middle School
- High:
- Cocoa Beach Junior/Senior High School
Financial Details
HOA
Yes
Canaeral Towers Condominium Association
Annual Taxes
$6,019
Tax year 2024
Parcel Number
24-3723-CG-45-1.75
Directions
From A1A/N Atlantic Ave, turn east onto Tyler Ave and continue to the end of the street. Canaveral Towers Condo Rentals located at 7520 Ridgewood Ave will be directly ahead on the ocean side.
Affordability Calculator
$128,000
Estimated monthly payment
$3,406/mo
Principal $512,000 · Est. interest $714,286 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CAPE CANAVERAL, FL
- $419,938
- Median Listing Price
- 89
- Median Days on Market
- 1,797
- Median Sq Ft
- $236
- Median Price / Sq Ft
- 3,256
- Active Listings
- This home’s price is 52% above the area median.
- Its price per sq ft is 137% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CAPE CANAVERAL, FL.
Location
Points of Interest in CAPE CANAVERAL, FL
Showing the CAPE CANAVERAL area map.
Nearby Schools
Cape View Elementary School
Elementary · 0.5 mi away
Our Saviour Catholic School
School · 1.4 mi away
Ron Jon Surf School
School · 1.9 mi away
Christian Tallmadge Academy
School · 3.1 mi away
Audubon Elementary School
Elementary · 4.3 mi away
Stevenson Elementary School
Elementary · 4.5 mi away
Theodore Roosevelt Elementary School
Elementary · 4.8 mi away
Cocoa Beach Junior/Senior High School
Secondary · 5.0 mi away
Freedom 7 Elementary School
Elementary · 5.3 mi away
Faith Lutheran School
School · 6.0 mi away
Edgewood Junior Senior School
Secondary · 6.1 mi away
Brevard Private Academy
School · 6.1 mi away
Lewis Carroll Elementary School
Elementary · 6.1 mi away
Merritt Island High School
Secondary · 6.1 mi away
2fly Airborne
School · 6.2 mi away
Divine Mercy Catholic Church
School · 6.3 mi away
Thomas Jefferson Middle School
Secondary · 6.4 mi away
Mila Elementary School
Elementary · 6.5 mi away
Merritt Island Christian School
Secondary · 6.6 mi away
Tropical Elementary School
Elementary · 6.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 207 SE 47th Terrace, Cape Coral, FL | $448,000 | 3 | 2 | 1,754 |
| 1201 SE 24TH AVENUE, CAPE CORAL, FL | $448,900 | 4 | 4 | 2,254 |
| 1825 SE 12th Terrace, Cape Coral, FL | $449,000 | 3 | 2 | 1,377 |
| 4202 NW 33rd Street, Cape Coral, FL | $449,000 | 4 | 3 | 1,799 |
| 317 SE 18th Terrace, Cape Coral, FL | $449,000 | 3 | 2 | 1,512 |
| 605 SE 23rd Avenue, Cape Coral, FL | $449,000 | 3 | 2 | 1,805 |
Moving Cost Estimate
EXIT Agents in CAPE CANAVERAL
Listing Courtesy: MARK SPAIN REAL ESTATE - 855-299-7653
Last Updated: 2026-05-14