Active

$650,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1145 sq ft
Overview
  • ID: MFRTB8508853
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1145 sq ft
Property Details
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. Also available as part of a 3-unit oceanfront investment portfolio opportunity.
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$6019
Price per SqFt:
$567.69
Tax Legal Description:
UNIT 805 CANAVERAL TOWERS CONDO AS DESC IN ORB 1411 PG 981 AND ALL AMENDMENTS THERETO.
Exterior Features
Lot Size:
129968
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned
Roof:
Concrete, Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1975
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
buyer an buyer agent are responsible for verifying all HOA and Condo rules and regulations for leasing.
Map
  • Address
    7520 RIDGEWOOD AVE #805
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