8955 Puerto Del Rio Drive
Cape Canaveral, FL 32920
7.50Acres(Lot)
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 u
Property Details
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What's Nearby
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Features
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Heating & Cooling
Water front: 1
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Lot Information
Lot Size Acres: 7.5 Lot Size Square Feet: 326,700 Lot Description: FiveToTenAcres,ResidentialLotProperty Information
Subdivision: PUERTO DEL RIO CONDO PH 1C Source Property Type: Land Property SubType: Unimproved Land
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Listing Price Information
Listing Price: $8250000Cash, Conventional, OwnerMayCarry, PrivateFinancingAvailable
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Tax Information
Parcel Number: 2437150000259q Tax Year: 2025 Annual Tax: $202.37 Tax Legal Desc: PUERTO DEL RIO CONDO PH 1C UNIT 6201 PUERTO DEL RIO PHASE ONE CONDO PHASE 1C AS DESC IN ORB 5006 PG 761 AND ALL AMENDMENTS THERETO
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Homeowners Association Information
Has Association: YesIncluded Fees: CommonAreas, MaintenanceStructure, Pools, RecreationFacilities, ReserveFund, Sewer, Security, Trash, WaterAssociation Amenities: DogPark, FitnessCenter, Park, Pool, Parking, Security, Storage, Sidewalks, Trails
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Utility Information
CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: From Cape Canaveral, travel south on N Atlantic Avenue (A1A), then head west onto W Central Boulevard toward N Banana River Drive. Continue south on N Banana River Drive, and the waterfront development will be located along the riverfront corridor. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 409 Jackson Avenue, Cape Canaveral, FL, 32920 | $539,900 | -- | -- | -- | 0.14 Acre(Lot) |
| 000 N Atlantic Avenue, Cape Canaveral, FL, 32920 | $1,150,000 | -- | -- | -- | 1.85 Acres(Lot) |
| E Grant Avenue, Cape Canaveral, FL, 32920 | $399,500 | -- | -- | -- | 0.22 Acre(Lot) |
| 000 Adams Avenue, Cape Canaveral, FL, 32920 | $1,399,000 | -- | -- | 18,731 | 0.43 Acre(Lot) |
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ByOwner last updated this listing 08/10/2026 @ 01:04
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