7520 RIDGEWOOD AVENUE 805CAPE CANAVERAL, FL 32920




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$2,966Fully 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. Also available as part of a 3-unit oceanfront investment portfolio opportunity.
| 4 days ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
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Last checked: 2026-05-22 01:25 PM EDT
