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7605 Ridgewood Avenue , 3-1

Cape Canaveral, FL 32920
  • $265,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 946482
$265,000
  • 2
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 650
    SQFT
  • $408
    $/SQFT
Type:
Condo
Built:
1968
County:

School Information

Elementary School:
Middle School:
High School:

Description

Offering Endless Summer -- a boutique vacation rental opportunity less than 200 steps from the gorgeous Cape Canaveral Beach. This unit was artistically designed and crafted to generate year-round demand at premium rates. The individually controlled accent lighting quickly grabs attention & desirable demand and separates it from other high-rent options in the area. Accordingly, the large, covered patio was customized to include year-round entertainment amenities with tailored hidden beach supply storage areas.Absolutely everything you see is included in the transaction allowing the owner to start receiving high rental rates the day after closing (full inventory available to review). Although one block from the beach, the unit strategically benefits from extremely low monthly expenses($265 HOA, $125 Taxes, $110 insurance, $60-80 electricity, and $75 internet) presenting a unique 'cash cow' opportunity for a qualified cash (or cash equivalent) investor. Many upgrades have been made to ensure this unit operates as passively and care-free as possible. Recent upgrades include 5 new high-impact Hurricane windows ($6,691 in Oct 2022), new Mitsubishi high-efficiency, multi-zone, mini-split A/C system ($8,399 in 2021), new electrical wiring and new electrical panel ($3,675 in 2021), and so much more! No financing contingencies considered and two-week closing. Please reach out with any questions and happy bidding! The square footage of the Property has not been measured by Seller, Seller's agents, or Broker (including square footage of the lot and home), and the square footage and other information quoted on any marketing tools such as advertisements, brochures, MLS data, websites and any other information provided based on information supplied by Seller or Broker is deemed approximate and not guaranteed. Buyer further acknowledge that Buyer shall not rely upon any such square footage and other information quoted on any marketing tools are not representations and/or warranties of Seller, Seller's agents, or Broker.

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© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Dale Sorensen Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate.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. Data last updated: 2022-12-09T00:10:49.447.
www.ashleighlovell.com/homes/133224590
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7605 Ridgewood Avenue , 3-1 Cape Canaveral, FL 32920

  • Price: $265,000
  • Status: Active
  • On Site: 80 Days
  • MLS #: 946482
2
Beds
1
Baths
0
½ Baths
N/A
Acres
650
SQFT
$408
$/SQFT
1968
Built
Neighborhood:
Ridgewood Condo Of Cape Canaveral
County:
Brevard
Area:
271 - Cape Canaveral
Elementary School:
Cape View
Middle School:
Cocoa Beach
High School:
Cocoa Beach
Property Description
Offering Endless Summer -- a boutique vacation rental opportunity less than 200 steps from the gorgeous Cape Canaveral Beach. This unit was artistically designed and crafted to generate year-round demand at premium rates. The individually controlled accent lighting quickly grabs attention & desirable demand and separates it from other high-rent options in the area. Accordingly, the large, covered patio was customized to include year-round entertainment amenities with tailored hidden beach supply storage areas.Absolutely everything you see is included in the transaction allowing the owner to start receiving high rental rates the day after closing (full inventory available to review). Although one block from the beach, the unit strategically benefits from extremely low monthly expenses($265 HOA, $125 Taxes, $110 insurance, $60-80 electricity, and $75 internet) presenting a unique 'cash cow' opportunity for a qualified cash (or cash equivalent) investor. Many upgrades have been made to ensure this unit operates as passively and care-free as possible. Recent upgrades include 5 new high-impact Hurricane windows ($6,691 in Oct 2022), new Mitsubishi high-efficiency, multi-zone, mini-split A/C system ($8,399 in 2021), new electrical wiring and new electrical panel ($3,675 in 2021), and so much more! No financing contingencies considered and two-week closing. Please reach out with any questions and happy bidding! The square footage of the Property has not been measured by Seller, Seller's agents, or Broker (including square footage of the lot and home), and the square footage and other information quoted on any marketing tools such as advertisements, brochures, MLS data, websites and any other information provided based on information supplied by Seller or Broker is deemed approximate and not guaranteed. Buyer further acknowledge that Buyer shall not rely upon any such square footage and other information quoted on any marketing tools are not representations and/or warranties of Seller, Seller's agents, or Broker.
Exterior Features

Community Pool Yes Construction Concrete Block Door Faces E Dwelling View Garden Exterior Features Balcony - UnscreenedOtherStorage Exterior Finish Stucco Fireplaces YN No Lot Description Sidewalks Parking Open Parking Pool Yes Private Pool No Roof Membrane Style 1 Story Total Parking Spaces 0 Water View Present No Waterfront Present No

Interior Features

Cooling Central Air Equipment And Appliances DishwasherDisposalElectric RangeMicrowaveRefrigerator Fireplace Description None Floor Ceramic Tile Floors In Building 2 Furnishings To Stay None Heating Electric Interior Features Open Floor Plan Rooms Living Room (1 Level) Kitchen (1 Level) Master Bedroom (1 Level) Split Bedroom No

Property Features

55 Plus Community YN No Association Fee 265.00 Association Fee Period Monthly Community Amenities BarbequeLaundry Condo Unit Number 3-1 Financing Cash Floor Number 1.00 Gated Community No Home Owners Association YN Hoa - None Home Warranty YN No Homestead YN No Pets 0-20 LbsMultiple Pets Not Allowed Possession Closing Property Status Standard Rental Restrictions 1 Month Minimum Residential Property Type Condominium Sewer Septic Sewer Source Of Measurement Other To Be Constructed No Utilities Cable AvailableElectricity Connected Utilities Water Type City Water

Listing provided courtesy of Listingly: (888) 425-5478.
© 2022 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Dale Sorensen Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate.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. Data last updated: 2022-12-09T00:10:49.447.
 
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Dale Sorensen Real Estate
1013 US Hwy 1
Sebastian FL, 32958