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7520 Ridgewood Avenue, Unit 805, 809,, Cape Canaveral, FL 32920

$1,990,000

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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. 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.

7520 Ridgewood Avenue, Unit 805, 809, | MLS# 2145976

This condo located at 7520 Ridgewood Avenue, Unit 805, 809,, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $1,990,000. This property was built in 1975 and has 2 bedrooms and 2 full baths with 1145 sq. ft. Ridgewood Avenue, Unit 805, 809, is located in the Not Validd subdivision. Search Not Validd real estate on aassociate.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Home Style: Other
Roof Type: Membrane
Taxes: $4,985
Year Built: 1975
Square Feet: 1,145

Feature Descriptions

Exterior: Concrete, Stucco
Sewer: Public Sewer
Special View Info: Beach, Ocean, Pool, Water

Local Schools

High School: Cocoa Beach
Middle School: Cocoa Beach
Elementary School: Cape View

Listed By / Shown By

Listed By

Agency Name: MARK SPAIN REAL ESTATE

Shown By

Agent Name: Andy Associate
Agent Phone: (904) 555-5555
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 10,870.64 per month $9,874.81 Principal & Interest $415.42 Property Tax $580.42 Homeowner's Insurance

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