$1,990,000
Cape Canaveral, FL 32920
MLS# 2145976
2 beds | 2 baths
1 / 28
Property Description
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.
Details
Maps
Contract Information
Current Price: $1,990,000
Property Sub Type: Condominium
Property Attached YN: Yes
Status: Active
List Price: $1,990,000
Listing Contract Date: 2026-05-19
Unit Type: Other
Location Tax and Legal
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
General Property Information
Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1145
Living Area Source: Appraiser
Year Built: 1975
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 1085
Association Fee Frequency: Monthly
Association Name: Canaveral Towers
CDD Fee YN: No
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
Waterfront YN: Yes
Furnished: Furnished
Stories: 9
Stories Total: 9
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.
List Price/SqFt: 1737.99
Status Change Information
Major Change Timestamp: 2026-05-19T12:25:11Z
Major Change Type: New Listing
DPR Eligible
DPR Eligible: No
Property Features
Architectural Style: Other
Levels: One
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
Flooring: Tile; Other
Laundry Features: In Unit
Utilities: Electricity Connected; Water Connected
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Security Features: Secured Elevator; Security Lights; Smoke Detector(s)
Construction Materials: Concrete; Stucco
Exterior Features: Balcony; Impact Windows
Patio And Porch Features: Covered
Roof: Membrane
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
Supplements
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.