7520 RIDGEWOOD Avenue 805, 809, 906, Cape Canaveral, FL 32920
About This Home — 7520 RIDGEWOOD Avenue 805
Rare 3-unit oceanfront investment portfolio in Canaveral Towers! Fully furnished, turnkey condos offered together at a package price of $1,960,000. Updated full-time gross rental projections show approximately $80,234 annually per unit, for a combined potential gross rental projection of approximately $240,702 per year for the full 3-unit portfolio. Future bookings may transfer with the sale if buyer continues with the current management company, creating immediate and seamless income potential. Weekly rentals are allowed, offering flexibility for investors or buyers seeking oceanfront ownership with rental income and personal use. Canaveral Towers completed major renovations in 2021, including balconies, pool/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.
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Listing Courtesy of: MARK SPAIN REAL ESTATE
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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