8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

Cape Canaveral
Local realty services provided by:Reliant Realty ERA Powered
8955 Puerto Del Rio Drive,Cape Canaveral, FL 32920
$8,250,000
Virtual Tour
  • 7.5 Acres
  • Lots / Land
  • Active
Listed by: james kenneth edmunds
Office: one sotheby's int'l realty
MLS#:B26035752
Source:RMLS

Price summary

  • Price:$8,250,000

About this home

Multifamily Infill Opportunity. 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. Strategically positioned adjacent to 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...

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Home facts

  • Subdivision & Development:PUERTO DEL RIO CONDO PH 1C
  • Listing ID #:B26035752
  • Added:73 day(s) ago
  • Updated:August 14, 2026 at 02:57 PM

Structure and exterior

  • Lot area:7.5 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$8,250,000
  • Tax amount:$202 (2025)

Features and amenities

  • Pool features:Association, Pool
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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.

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