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(Multiple) Puerto Del Rio Drive, Cape Canaveral, Fl 32920, FL
Stellar MLS

$7.75M

(Multiple) Puerto Del Rio Drive, Cape Canaveral, Fl 32920Cape Canaveral, FL 32920

Listing updated: November 5, 2026 at 9:38 AM ET

Active
Listing courtesy of One Sotheby'S International · James Edmunds · MLS #1079947 · Active · 321-984-3135
385,000
Building SF
7.5
Acres
2028
Built
$20
Per SF
◆Multi Family◆Waterfront◆7.5 acres◆$20/SF
Multi Family

Property type

2028

Year built

385,000 SF

Building size

326,700 sqft

Lot size

$20

Price / SF

About this property

BUILD-READY MULTIFAMILY DEVELOPMENT LAND | SEVEN 1-ACRE PADS | 7 BUILDINGS | 16 UNITS PER BUILDING | 112 APPROVED UNITS A rare build-ready multifamily land opportunity in Cape Canaveral, consisting of approximately 7.5 acres configured into seven approved development pads, each approximately 1 acre or greater. The site is entitled for 112 multifamily units, with each pad approved for a four-story residential building with up to 16 units and a maximum building height of 45 feet. The property is positioned within Cape Canaveral's Economic Overlay District and offers developers the opportunity to move directly into vertical construction, with major horizontal infrastructure already in place, including paved roadways, municipal water, sanitary sewer, electrical service, drainage, and utility connectivity. Located adjacent to one of Cape Canaveral's remaining undeveloped waterfront corridors, 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. DEVELOPMENT SITES ARE SHOVEL READY.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi Family
Status
Active
Subdivision
Puerto Del Rio Condo Ph 1a
County
Brevard
Year built
2028
Building area
385,000 sq ft
Price/sq ft
$20
Lot size
326,700 sq ft
Parcel #
23-36-25-25-e-18
MLS #
1079947

Listing details

Listing date
2026-06-08
On market date
2026-06-13
Original list price
$8.25M
Status changed
2026-06-13

Location

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of November 5, 2026 at 9:38 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

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. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026 Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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