8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920
$8,250,000
Property Type:
Land
Lot Size (sq. ft.):
326,700
Status:
Active
Current Price:
$8,250,000
List Date:
5/28/2026
Last Modified:
9/22/2026
Overview
Description
Supplements: ... (Read more) 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. Seven build-ready development pads. Approximately 7.5 acres. 112 approved units. Major infrastructure in place. Immediate vertical development opportunity.
Listing Details MLS# 1078450
General Property Information
- Road Frontage Feet
- 1118
- Number Of Lots
- 7
- Lot Size Acres
- 7.5
- Lot Size Dimensions
- 400 x 200
- Lot Dimensions Source
- Public Records
- Lot Size Square Feet
- 326700
- Association YN
- Yes
- Association Fee Frequency
- Monthly
- Association Name
- PUERTO DEL RIO
- Water Body Access YN
- Yes
- Waterfront YN
- Yes
- Water Body Name
- Banana River
- CDD Fee YN
- No
- List Price/Acre
- 1100000
Property Features
Association Amenities:
Boat Dock; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Management - Full Time; Park; Security; Storage; Other
Association Fee Includes:
Other
Current Use:
Multi-Family; Residential
Development Status:
Finished Lot(s); Site Plan Approved; See Remarks
Listing Terms:
Cash; Conventional; Owner May Carry; Private Financing Available
Lot Features:
Cul-De-Sac; Other
Possession:
Close Of Escrow
Road Frontage Type:
City Street
Road Surface Type:
Asphalt
Security Features:
24 Hour Security
Sewer:
Public Sewer
Showing Requirements:
24 Hour Notice; Call Listing Agent; Call Listing Office
Special Listing Conditions:
Standard
Utilities:
Cable Connected; Electricity Connected; Sewer Connected; Water Connected
View:
Intracoastal; Ocean; Protected Preserve; River
Water Body Access Type:
Association; Shared
Water Source:
Public
Waterfront Features:
Intracoastal; River Access
Contract Information
- Original List Price
- 8250000
- Listing Contract Date
- 2026-05-28
- Property Sub Type
- Unimproved Land
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 8955
- Street Name
- Puerto Del Rio
- Street Suffix
- Drive
- County
- Brevard
- State
- FL
- Postal Code
- 32920
- MLS Area Major
- 271 - Cape Canaveral
- Subdivision Name
- Puerto Del Rio Condo Ph 1A
Remarks and Miscellaneous
- Public Remarks
- 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,
Status Change Information
- Major Change Timestamp
- 2026-05-28T16:53:15Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-05-28
More Information
Closing Company Details
- Closing Company Name
- Buchalter & Pelphrey, Attorneys at Law. C. 321-205-0900
- Closing Company Address
- 2395 North Courtenay Parkway #203 Merritt Island, Florida 32953
Listing Office:
One Sotheby's International
Last Updated: September - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.