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7520 RIDGEWOOD AVENUE UNIT 906

Condo/Co-op For Sale
$680,000

BTC: 10.62500000

ETH: 389.46162658

20 days
2 bds
2 ba
1,145 sqft

Overview

Top-floor oceanfront condo in Canaveral Towers! Fully furnished 2BR/2BA offering stunning ocean views and front-row seats to rocket launches right from your private balcony. This high-demand unit generated over $44,000 in rental income in 2025 and continues to perform strongly, with future bookings already secured into 2027. Current reservations include back-to-back rentals through April 7, 2027, totaling approximately $22,000 in booked income, providing immediate and ongoing revenue for the next owner. Weekly rentals are allowed, making this an ideal opportunity for investors or second-home buyers seeking both 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. Located just minutes to Port Canaveral and approximately 45 minutes to Orlando/Disney. Also available as part of a rare 3-unit oceanfront investment portfolio.

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1975
Lot:
2.98 Acres
Heating:
Central
Price/sqft:
$594
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$428K – $684K
Confidence Low
List vs. estimate
$30K above estimate
List $680,000 · +4.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$593
+139.4% vs. city median $248
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,019
2024
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: One

    • Exterior Features: Balcony

    Lot

    • Lot: 2.98 Acres

    Other Property Information

    • Parcel Number: 243723CG00045.00001.86

    • Zoning: 0414

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Available

    • Water Available

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $6,019

  • Source details

    • MLS ID: TB8508863

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: North

    • Living Area: 1145

    • Water Source: Public

    • Subdivision Name: CANAVERAL TOWERS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MARK SPAIN REAL ESTATE