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For SaleCondominium
$599K
8700 Ridgewood Avenue #Ph2b, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Ocean Oaks Condo Phase II
2
Bedrooms
2
Bathrooms
1,621
Sq Ft
1995
Year Built
$370 /sqft

About This Property

Description from listing agent

Experience coastal living at its finest in this top-floor oceanview penthouse at the desirable Ocean Oaks complex in Cape Canaveral. This beautifully appointed 2-bedroom, 2-bath condo also features a versatile flex room with sliding barn doors, perfect for a home office or guest space. Enjoy front-row seats to breathtaking rocket launches, serene views of lush green space, and the tranquil sound of ocean waves while you watch the tide roll in. The spacious living area opens up to panoramic vistas, where you can watch cruise ships drift by and feel the fresh sea breeze. The updated kitchen boast granite countertops, ample cabinet space, a coffee station, and a large pantry. Stylish tile floors throughout add to the modern coastal charm. The primary suite is a true retreat, offering spectacular ocean views, his & hers closets, dual vanities, and a luxurious jetted tub—perfect for unwinding after a long day on the beach! Includes a 1 car under building oversized garage! Call today!

Space Coast Context

🚀 Launch Viewing — Great Views

11.4 mi from SLC-40

11.4 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
Blue Origin6.2 mi~14 min
SpaceX6.6 mi~15 min
Lockheed6.7 mi~15 min
Boeing/KSC9 mi~20 min
KSC10.2 mi~23 min
Northrop18.8 mi~42 min
L3Harris20.8 mi~46 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 6/4/25
    Listed
    $599K
    $370/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
14.4% below market
Median comparable close price: $700,000
Typical Offer Discount
104.5% of list price
At that rate, a competitive offer ≈ $625,914
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.19 acres (8,276 sqft)
Full Baths
2
Garage
1 car
HOA Fee
$991/mo
Waterfront
Atlantic Ocean
Days on Market
397
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: Ocean Oaks Condo Association
  • Fee: $991 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jun 4, 2025
Parcel #
24-37-14-2a-0ph2b.0-0000.00
$599K

Listing Agent (for property info)

M
Mary Ann Thompson
RE/MAX Elite
321-863-9757
Call Listing Agent

Estimated Monthly Payment

$4,896/mo
Principal & interest
$3,156
Property taxes
$599
Insurance & HOA
$1,141

Based on a 6.90% rate, 30-year loan, and $599K price — down payment shown: $119,800.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1048057

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Equal Housing Opportunity

MLS# 1048057 · Listing Broker: RE/MAX Elite · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.