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Jason Harris

jayharris.pa@gmail.com +1(954) 540-4543

$ 8,250,000

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8955 Puerto Del Rio DR Cape Canaveral, FL 32920

7.5 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Puerto Del Rio Condo Ph 1C

MLS Listing ID B26035752

HOA Y/N Yes

Annual Tax Amount $202

Tax Year 2025

Lot Size 7.500 Acres

Acres 7.5

Property Sub-Type Unimproved Land

Property Description

MULTI-FAMILY INFILL OPPORTUNTY 112 UNITS. Positioned within the Economic Overlay District of Cape Canaveral, the subject property represents a fully entitled ±7.5-acre multifamily development opportunity consisting of seven approved mid-rise residential pads. Each development pad encompasses approximately ±1 acre or greater and is approved for a four-story multifamily structure to a maximum building height of 45 feet. Current entitlements allow for 16 residential units per building, totaling 112 approved multifamily units across the site. All horizontal infrastructure improvements are in place, including paved roadways, municipal water, sanitary sewer, electrical service, drainage, and utility connectivity, allowing for immediate vertical development execution. Positioned near the final undeveloped waterfront corridor within Cape Canaveral and neighboring the Banana River, the asset is surrounded by an established coastal residential and hospitality corridor comprised of condominium communities, hotels, mixed-use assets, and multifamily developments. The project benefits from exceptional regional connectivity and a highly desirable coastal backdrop highlighted by world-famous Port Canaveral, the Intracoastal Waterway, and the Atlantic Ocean beaches, positioning the development within one of Central Florida's most supply-constrained and rapidly appreciating waterfront submarkets.

Location

State FL

County Brevard

Area 6371 - Brevard County (E Of Ir)

Zoning 0040

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Pool Association

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Amenities Available Dog Park, Fitness Center, Park, Pool, Parking, Security, Storage, Sidewalks, Trail(s)

Waterfront Description Other,River Front

View Y/N Yes

Water Access Desc Public

View Intercoastal, Preserve, River, Water

Present Use Multi-Family

Street Surface Paved

Road Frontage City Street

Building

Lot Description 5-10 Acres, Residential Lot

Sewer Public Sewer

Water Public

Others

HOA Fee Include Common Areas,Maintenance Structure,Pool(s),Recreation Facilities,Reserve Fund,Sewer,Security,Trash,Water

Tax ID 2437150000259q

Acceptable Financing Cash, Conventional, Owner May Carry, Private Financing Available

Membership Fee Required false

Listing Terms Cash, Conventional, Owner May Carry, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/8955-Puerto-Del-Rio-Drive-Cape-Canaveral-FL-32920/unbranded

Listed by James Kenneth Edmunds One Sotheby's Int'l Realty

Jason Harris

Broker | License ID: BK3375917

+1(954) 540-4543

Jason Harris

8955 Puerto Del Rio DR Cape Canaveral, FL 32920

Key Details

Location

Interior

Exterior

Building

Others

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8955 Puerto Del Rio DR