At $2 per square foot for 23.57 acres, you're looking at raw land pricing that reflects the AE flood zone designation—a serious constraint that will require elevated structures, expensive flood insurance, and likely restrict future financing and buyer pools. The real value here hinges entirely on what you can do with the acreage and whether you're willing to navigate flood mitigation costs, but the proximity to Kennedy Space Center and the aerospace employment cluster does provide some underlying demand in this specific market if development becomes feasible. Before moving forward, you'll want a Phase I environmental assessment and a detailed conversation with a coastal engineer about what the flood zone actually means for your intended use, because the land price alone doesn't tell you whether this is a deal or a liability.

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