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$10,000 Closing Credit¹
#1016119, Charles Gersey, Listing Office: Better Homes & Gardens RE Star
$1,650,000 List price
7709 Ridgewood Ave Cape Canaveral, FL 32920
$10,000
Closing credit¹
7 beds
5 full
3,750 sqft
0.2 acres
$440 / sqft
Multi-Family
Property details
About 7709 Ridgewood Ave
Prime Investment Opportunity: Multi-Family Building Across from the Beach in Cape Canaveral, FL! Presenting a rare and lucrative investment opportunity in one of Florida's most sought-after coastal communities—Cape Canaveral. This multi-family property, situated directly across the street from the pristine beaches of the Atlantic Ocean, offers a unique chance to own a piece of paradise with strong rental potential. This well-maintained multi-family building features 4 units, each with spacious floor plans, modern amenities, and plenty of natural light. Second floor unit boast ocean views, providing tenants with a desirable living experience in a prime location. With the growing demand for short-term and long-term rentals in Cape Canaveral, this property is positioned to generate a consistent stream of rental income, making it an ideal addition to any investor's portfolio. Photos and more information plus financials available. Seasonal and short-term rentals
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric, Multi Unit(s), Wall/Window Unit(s)
Size3,750 sqft
Lot size0.22 Acres
Year built1958
ParkingParking Lot
MLS #1038569
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Summary
- MLS Number: 1038569
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Coldwell Banker Realty
- Office Phone: (321) 799-0221
- Listing Agent: Cynthia Aprandini
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,650,000
7709 Ridgewood Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $554,400 | $6,868 |
| 2022 | $475,200 | $5,732 |
| 2021 | $376,050 | $5,237 |
| 2020 | $341,850 | $5,040 |
| 2019 | $310,780 | $4,587 |
| 2018 | $295,000 | $4,468 |
| 2017 | $282,000 | $4,468 |
History based on county public records data.
Nearby schools
5
Cape View Elementary School
Public District PK-6
0.4 mi
•8440 Rosalind Ave
8
Audubon Elementary School
Public District PK-6
4.3 mi
•1201 N Banana River Dr
10
Robert L. Stevenson Elementary School
Public District KG-6
4.4 mi
•1450 Martin Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,472. Typical income of Cape Canaveral, FL residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
49%
<35k
40%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
72%
Single, No Kids
8%
Single, with Kids
17%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
21%
18-34 yrs old
54%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Extreme Sports
Where do the neighbors shop?
Burlington
Chico's
Family Dollar
Where do the neighbors go to eat?
Popeyes
Bob Evans
Church's Chicken
What do the neighbors drive?
Dodge
Oldsmobile
Cadillac
What do the neighbors listen to?
Urban Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 7709 Ridgewood Ave in Cape Canaveral, FL and zip code 32920. This 3,750 square foot home, which was built in 1958, sits on a 0.22 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $1,650,000.
In February 2025, from all listings sold in Cape Canaveral, FL there were more than 1 sold above asking price, over 16 sold below and more than 1 were sold right at the asked price. The number of listings in Cape Canaveral, FL increased by 14.2% between January and February 2025. In February 2025 median list price was $362,500 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.