Beth Westphal
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. Also available as part of a 3-unit oceanfront investment portfolio opportunity.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Lot Size: 2.98 Acres
Roof Type: Concrete, Membrane
Stories: 9.0
Taxes: $6,019
Year Built: 1975
Square Feet: 1,145
Amenities
Ceiling Fans(s)
Open Floorplan
Balcony
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Community Features: Pool
Condo Fee: $1085/ Monthly
Days on Site: 15
Directions: From A1A/N Atlantic Ave, turn east onto Tyler Ave and continue to the end of the street. Canaveral Towers Condo Rentals located at 7520 Ridgewood Ave will be directly ahead on the ocean side.
Exterior: Concrete, Stucco
Flood Zone Code: X
Flooring: Vinyl
Foundation: Slab
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 2.98
Number of Pets: 1
Ownership: Condominium
Parking: Assigned
Parking Notes: Assigned
Pets Allowed: Yes
Pets Restrictions: Buyer and buyer agent are responsible for verifying pet restrictions.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 35
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Available, Electricity Available, Water Available
Water: Public
Water Access: Beach
Water Access Y/N: Yes
Water View: Gulf/Ocean - Full
Zoning: 0414
Local Schools
High School: Cocoa Beach Junior/Senior High School
Middle School: Thomas Jefferson Middle School
Elementary School: Cape View Elementary School
Listed By / Shown By
Listed By
Agency Name: MARK SPAIN REAL ESTATE
Agency Contact: 855-299-7653
Shown By
Agent Name: Beth Westphal
Agent Phone: (386) 333-8537
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,916.61 per month $3,225.44 Principal & Interest $501.58 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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7520 Ridgewood Avenue, Unit 805 | MLS# TB8508853
This condo located at 7520 Ridgewood Avenue, Unit 805, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $650,000. This property was built in 1975 and has 2 bedrooms and 2 full baths with 1145 sq. ft. Ridgewood Avenue, Unit 805 is located in the CANAVERAL TOWERS subdivision. Search CANAVERAL TOWERS real estate on bethwestphal.watsonrealtycorp.com today.