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8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 (MLS# B26035752)

8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

New Listing
$8,250,000
Property Type: Land & Docks Lot Size (sq. ft.): 326,700 Status: Active
Current Price: $8,250,000 List Date: 6/02/2026 Last Modified: 6/02/2026

Overview

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.

Supplements: 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 connecti ...

Listing Details MLS# B26035752

General Property Information

Transaction Type
Listing For Sale
Property Sub Type
Unimproved Land
Number Of Lots
7
Lot Size Acres
7.5
Lot Size Square Feet
326700
Property Description
VACANT RESIDENTIAL
Waterfront YN
Yes
LP/Assessed Value
532.26
LP/SqFt
25.25

Property Features

Association Amenities: Dog Park; Fitness Center; Jogging Path; Park; Parking; Pool; Recreation Facilities; Security; Sidewalks; Storage Association Fee Includes: Common Areas; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Security; Trash; Water Current Use: Multi-Family Development Status: Finished Lot(s); Site Plan Approved Documents Available: Building Plan; Engineering Study; Plans; Soil Boring Test; Survey Environmental Audit: Phase 1 Land Fill: Fill Not Required Location of Property: In Residential Area Possession: Close Of Escrow Possible Use: Commercial; Development; Multi-Family; Residential; Subdevelopment Sewer: Public Sewer Soil Type: Dirt Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Preserve; Water Zoning Information: Use Conforms To Zoning Association Type: Condominium Listing Terms: Cash; Conventional; Owner May Carry; Private Financing Available Road Frontage Type: City Street Road Surface Type: Paved Tax Information: No Homestead Water Access: Other Water Source: Public Water View: Intracoastal; River Waterfront Features: River Front Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
8250000
Listing Service
Full Service
Seller Represented YN
Yes
LP/Acre
1100000

Location and Legal

Country
United States
County Or Parish
Brevard
Street Number
8955
Street Name
Puerto Del Rio
Street Suffix
Drive
Municipality Type
Incorporated
State Or Province
FL
Postal Code
32920
Subdivision Name
PUERTO DEL RIO CONDO PH 1C
Area
6371 - Brevard County (E of IR)
Geographic Area
BRVD - Brevard
Parcel Number
2437150000259q
Zoning
0040
Flood Zone
AE
Directions
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.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Email
[email protected]
Master Association YN
Yes
Membership Fee Required YN
No
Tax Year
2025
Tax Annual Amount
202.37
Tax Assessed/SOH Value
15500
Tax Legal Description
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
Assessor Market Value
15500
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-06-02T15:12:40Z
Major Change Type
New Listing
Status Change Date
2026-06-02

More Information

Zoning Details

Jurisdiction
City

Originating Details

Originating System Key
20260528185747251512000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Dog Park
Yes
Fitness Center
Yes
Jogging Path
Yes
Park
Yes
Parking
Yes
Pool
Yes
Recreation Facilities
Yes
Security
Yes
Sidewalks
Yes
Storage
Yes

Association Fee Includes

Common Areas
Yes
Maintenance Structure
Yes
Pool Service
Yes
Recreation Facility
Yes
Reserve Funds
Yes
Security
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Building Plan
Yes
Engineering Study
Yes
Plans
Yes
Soil Boring Test
Yes
Survey
Yes

Current Use

Multi-Family
Yes

Development Status

Finished Lot(s)
Yes
Site Plan Approved
Yes

Environmental Audit

Phase 1
Yes

Land Fill

Fill Not Required
Yes

Location of Property

In Residential Area
Yes

Possession

Close Of Escrow
Yes

Possible Use

Commercial
Yes
Development
Yes
Multi-Family
Yes
Residential
Yes
Subdevelopment
Yes

Sewer

Public Sewer
Yes

Soil Type

Dirt
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Preserve
Yes
Water
Yes

Zoning Information

Use Conforms To Zoning
Yes

Water Access

Other
Yes

Water View

Intracoastal
Yes
River
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
Private Financing Available
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Waterfront Features

River Front
Yes

Association Type

Condominium
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes

Tax Information

No Homestead
Yes

Elevation Description

0-5 Feet Above Sea Level
Yes

Acreage Description

5 To Less Than 10 Acre Lot
Yes
Listing Office: One Sotheby's Int'l Realty
IDX
Last Updated: June - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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