7520 ridgewood avenue

Rare 3-unit oceanfront investment portfolio in Canaveral Towers! Fully furnished, turnkey, income-producing condos offered together at a package price of $1,990,000. When rented full time, each unit has the potential to gross approximately $45,000-$65,000 annually, offering a combined estimated gross rental potential of approximately $135,000-$195,000 per year for the full 3-unit portfolio. Future bookings transfer with the sale if buyer continues with the current management company, creating immediate and seamless income potential. Weekly rentals allowed, making this an ideal opportunity for investors or buyers seeking oceanfront ownership with rental income. Canaveral Towers completed a major renovation in 2021, including balcony replacements, pool and 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. Units are also available for purchase individually. See individual MLS listings: MLS# 2144610, MLS# 2144619, and MLS# 2144611.