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For SaleCondominium
$530K
8700 Ridgewood Avenue #B303, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Ocean Oaks Condo Phase I
2
Bedrooms
2
Bathrooms
1,723
Sq Ft
1995
Year Built
$308 /sqft

About This Property

Description from listing agent

Wake up to sweeping Atlantic views, salty ocean breezes & a front-row seat to some of the Space Coast's most unforgettable sights. This north-facing oceanfront balcony captures spectacular rocket launches, passing cruise ships & endless shoreline vistas, creating a true beachside retreat. The wide, thoughtfully designed floor plan is enhanced by additional east-facing windows that flood the interior w/ natural light & maximize water views. Recent updates include new windows, a new sliding glass door, a 1-yr-old A/C system & beautifully updated kitchen countertops, while electric shutters provide added convenience. Ocean Oaks enjoys a coveted location at the quiet north end of Ridgewood Avenue, offering minimal traffic & a more relaxed atmosphere. Residents enjoy flexible ownership opportunities w/ a 3-month min rental period, plus pet-friendly allowing up to 2 pets, 35lbs each. Whether you're searching for a full-time residence or a seaside escape, this is coastal living at its finest.

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/KSC9.1 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

Zone VE — Coastal High Risk

High-velocity coastal zone with wave action. Strictest building requirements and highest insurance costs.

Estimated flood insurance: $4,000 – $12,000+ / 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
  • 6/19/26
    Listed
    $530K
    $308/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
21.1% above median
Median comparable close: $437,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.4% of list price
At that rate, a competitive offer ≈ $521,260
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
0.19 acres (8,276 sqft)
Full Baths
2
Garage
1 car
HOA Fee
$991/mo
Waterfront
Atlantic Ocean
Days on Market
69
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jun 19, 2026
Parcel #
24-37-14-2a-0303b.0-0000.00
$530K

Listing Agent (for property info)

B
Bobby W Freeman III
Compass Florida, LLC
321-693-1694
Call Listing Agent

Estimated Monthly Payment

$4,463/mo
Principal & interest
$2,792
Property taxes
$530
Insurance & HOA
$1,141

Based on a 6.90% rate, 30-year loan, and $530K price — down payment shown: $105,980.

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# 1080477

What's Nearby

schools
Cape View Elementary School
0.5 mi away
shopping
Circle K
0.6 mi away
shopping
7-Eleven
0.7 mi away
restaurants
Subway
0.9 mi away
home improvement
Ace Hardware
0.9 mi away
pharmacies
Mike's Pharmacy
0.9 mi away
restaurants
Wendy's
0.9 mi away
fire stations
Cape Canaveral Rescue Station 60
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1080477 · Listing Broker: Compass Florida, 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.