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For SaleCondominium
$595K
7520 Ridgewood Avenue #208, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Canaveral Towers
2
Bedrooms
2
Bathrooms
1,145
Sq Ft
1975
Year Built
$520 /sqft

About This Property

Description from listing agent

Turnkey Coastal Living Discover coastal living at its best in this beautifully furnished 2-bedroom, 2-bath condo in Cape Canaveral. Located just steps from the beach, this inviting residence offers a comfortable open layout, private balcony, community pool, and desirable resort-style amenities including shuffleboard and a putting green. The split-bedroom floor plan provides privacy for owners and guests, while the fully equipped kitchen and in-unit laundry add everyday convenience. Whether you're looking for a full-time residence, a second home, or an investment property, this condo offers exceptional flexibility. Currently operating as a successful vacation rental, it provides an opportunity to generate income when you're not enjoying it yourself. The turnkey furnishings and established rental history make it especially appealing to investors, while the relaxed coastal setting makes it equally suited for someone looking to call Cape Canaveral home.

Space Coast Context

🚀 Launch Viewing — Great Views

12.3 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin7.1 mi~16 min
SpaceX7.5 mi~17 min
Lockheed7.6 mi~17 min
Boeing/KSC9.8 mi~22 min
KSC10.8 mi~24 min
Northrop17.9 mi~40 min
L3Harris19.9 mi~44 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AO — High Risk (Sheet Flow)

Sheet flow flooding on sloping terrain. Flood insurance required for federally-backed mortgages.

Estimated flood insurance: $1,500 – $4,500 / yr — varies by coverage, elevation & insurer

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

Price History

Date
Event
Price
  • 8/19/26
    Listed
    $595K
    $520/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
6.3% above median
Median comparable close: $560,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.8% of list price
At that rate, a competitive offer ≈ $564,001
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 comparable sales 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
0.03 acres (1,307 sqft)
Full Baths
2
HOA Fee
$1085/mo
Waterfront
Atlantic Ocean
Days on Market
7
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: Canaveral Towers
  • Fee: $1,085 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Aug 19, 2026
Parcel #
24-37-23-Cg-00045.0-0001.18
$595K

Listing Agent (for property info)

J
Janice C. McCullough
East Coast Living, LLC
321-917-3985
Call Listing Agent

Estimated Monthly Payment

$4,965/mo
Principal & interest
$3,135
Property taxes
$595
Insurance & HOA
$1,235

Based on a 6.90% rate, 30-year loan, and $595K price — down payment shown: $119,000.

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# 1085404

What's Nearby

fire stations
Cape Canaveral Rescue Station 60
0.4 mi away
gas stations
Shell
0.4 mi away
schools
Cape View Elementary School
0.5 mi away
gas stations
Mobil
0.6 mi away
shopping
7-Eleven
0.6 mi away
parks
Patriots Park
0.6 mi away
home improvement
Ace Hardware
0.7 mi away
pharmacies
Mike's Pharmacy
0.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085404 · Listing Broker: East Coast Living, LLC · 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.