$290,000
Cape Canaveral, FL 32920
MLS# 1077700
2 beds | 2 baths
1 / 30
Property Description
Priced for quick sale. Perched on the 5th floor with the elevator opening almost directly to your front door, this waterfront condo offers an incredible opportunity to create a stunning coastal retreat or investment property. Step onto the private balcony and enjoy sweeping water views, passing cruise ships, manatees below at the dock, spectacular rocket launches, and dramatic booster landings at the Cape. Few places offer this kind of ever-changing Space Coast backdrop. Imagine morning coffee watching ships glide by and unforgettable launch nights from the comfort of home. Just minutes from the beach and a short drive to Orlando attractions, the location blends waterfront tranquility with convenience. This condo needs a full renovation, but the upside potential is tremendous for the right buyer with vision. Bonus: existing VA loan with low assumable interest rate available to qualified buyers.
Details
Maps
Documents
Contract Information
Property Attached YN: No
Unit Type: Interior Unit
Current Price: $290,000
OriginalListPrice: 290000
List Price: $290,000
Status: Active
Listing Contract Date: 2026-05-19
Property Sub Type: Condominium
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Unit Number: 505-1
Tax Account: 2432882
Parcel Number: 24-37-22-00-00050.G-0000.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 54.53
Tax Year: 2025
Tax Legal Description: TREASURE ISLAND CLUB CONDO PH I UNIT 505-1 TREASURE ISLAND CLUB CONDO PH 1 AS DESC IN ORB 2608 PG 2586 AND ALL AMENDMENTS THERETO.
Zoning Description: Condominium
Directions: Take 520 east to A1A. Go north to Cape Canaveral. Take turn left on Columbia Dr. End of street is gate. Gate code box is to the right. First building on right.
General Property Information
Stories Total: 5
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 1200
Living Area Source: Public Records
Lot Size Acres: 0
Lot Size Square Feet: 304.92
Accessibility Features YN: No
Association YN: Yes
Association Fee: 650
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: The Treausure Island Club
Association Phone: 321-783-2777
Garage YN: No
Carport YN: Yes
Carport Spaces: 1
Waterfront YN: Yes
Water Body Name: Canal Navigational to Banana River
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Unfurnished
Stories: 1
Entry Level: 5
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 241.67
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1985
Remarks and Miscellaneous
Public Remarks: Priced for quick sale. Perched on the 5th floor with the elevator opening almost directly to your front door, this waterfront condo offers an incredible opportunity to create a stunning coastal retreat or investment property. Step onto the private balcony and enjoy sweeping water views, passing cruise ships, manatees below at the dock, spectacular rocket launches, and dramatic booster landings at the Cape. Few places offer this kind of ever-changing Space Coast backdrop. Imagine morning coffee watching ships glide by and unforgettable launch nights from the comfort of home. Just minutes from the beach and a short drive to Orlando attractions, the location blends waterfront tranquility with convenience. This condo needs a full renovation, but the upside potential is tremendous for the right buyer with vision. Bonus: existing VA loan with low assumable interest rate available to qualified buyers.
Association Amenities
Barbecue: 1
Car Wash Area: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Gated: 1
Maintenance Grounds: 1
Pool: 1
Trash: 1
Water: 1
Association Fee Includes
Cable TV: 1
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Sewer: 1
Trash: 1
Water: 1
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
Single Family: 1
Exterior Features
Balcony: 1
Impact Windows: 1
Heating
Central: 1
Heat Pump: 1
Interior Features
Ceiling Fan(s): 1
Elevator: 1
Primary Bathroom - Tub with Shower: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: No
Levels
One: 1
Listing Terms
Assumable: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Other: 1
Other Structures
Gazebo: 1
Parking Features
Additional Parking: 1
Assigned: 1
Carport: 1
Gated: 1
Patio And Porch Features
Patio: 1
Pets Allowed
Total Number Of Pets: 1
Number Limit: 1
Size Limit: 1
Weight Limit: 25
Yes: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Association: 1
Road Surface Type
Asphalt: 1
Roof
Concrete: 1
Membrane: 1
Security Features
Secured Elevator: 1
Security Fence: 1
Security Gate: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Canal: 1
River: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Navigable Water: 1
River Access: 1
Showing Requirements
Gated: Community
Showing Service: 1
Property Condition
Fixer: 1
Rental Restrictions
1 Year: 1
Location Tax and Legal
Street Number: 300
Street Name: Columbia
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Subdivision Name: Treasure Island Club Condo Ph I
Status Change Information
Major Change Timestamp: 2026-05-19T16:54:23Z
Major Change Type: New Listing
StatusChangeDate: 2026-05-19
Property Features
Association Amenities: Barbecue; Car Wash Area; Clubhouse; Elevator(s); Fitness Center; Gated; Maintenance Grounds; Pool; Trash; Water
Association Fee Includes: Cable TV; Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water
Construction Materials: Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Residential; Single Family
Exterior Features: Balcony; Impact Windows
Heating: Central; Heat Pump
Interior Features: Ceiling Fan(s); Elevator; Primary Bathroom - Tub with Shower; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: One
Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan
Lot Features: Other
Other Structures: Gazebo
Parking Features: Additional Parking; Assigned; Carport; Gated
Patio And Porch Features: Patio
Pets Allowed: Number Limit; Size Limit; Yes
Possession: Close Of Escrow
Water Body Access Type: Association
Property Condition: Fixer
Rental Restrictions: 1 Year
Road Surface Type: Asphalt
Roof: Concrete; Membrane
Security Features: Secured Elevator; Security Fence; Security Gate
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
View: Canal; River
Water Source: Public
Waterfront Features: Canal Front; Navigable Water; River Access
Condo Rider 
Listing Office: RE/MAX Aerospace Realty
Last Updated: May - 19 - 2026
Information is deemed to be reliable, but is not guaranteed.