LOT SIZE 7.500 acres
MLS#B26035752
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONPUERTO DEL RIO CONDO PH 1C
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.
Property Features
Property Type: Land - Residential
Lot Size: 7.50 Acres
Taxes: $202
Feature Descriptions
Association Amenities: Park, Dog Park, Fitness Center, Jogging Path, Parking, Pool, Storage, Sidewalks, Security, Recreation Facilities
Association Fee Includes: Maintenance Structure, Security, Sewer, Trash, Water, Common Areas, Reserve Funds, Pool Service, Recreation
Days on Site: 6
Parcel#: 2437150000259q
Sewer: Public Sewer
Special View Info: Preserve, Water, Intracoastal, River
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public
Waterfront Features: Other, River Front
Listed By / Shown By
Listed By
Agency Name: One Sotheby's Int'l Realty
Agency Phone: 772-222-5215
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 20,784.01 per month $18,360.92 Principal & Interest $16.83 Property Tax $2,406.25 Homeowner's InsuranceChange Payment Information
8955 Puerto Del Rio Drive | MLS# B26035752
This land located at 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $8,250,000. The property has approximately 7.50 Acres. Search Cape Canaveral real estate on www.realtymark.net today.