$650,000
Cape Canaveral, FL 32920
MLS# 2144619
2 beds | 2 baths

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Property Description
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.
Details
Maps
Contract Information
Current Price: $650,000
Property Sub Type: Condominium
Property Attached YN: Yes
Status: Active
List Price: $650,000
Listing Contract Date: 2026-05-11
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: 8
Stories Total: 9
Senior Community YN: No
Direction Faces: North
Public Remarks: 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.
List Price/SqFt: 567.69
Status Change Information
Major Change Timestamp: 2026-05-14T21:16:33Z
Major Change Type: New Listing
DPR Eligible
DPR Eligible: Yes
Property Features
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
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: Beach Access; Elevator(s); Management - Full Time; 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
Also available as part of a 3-unit oceanfront investment portfolio opportunity.
Listing Office: MARK SPAIN REAL ESTATE
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.