


$8,250,000
8955 Puerto Del Rio Drive, Cape Canaveral, Fl 32920Cape Canaveral, FL 32920
Listing updated: October 19, 2026 at 1:33 PM ET
Property type
Lot size
HOA dues
About this home
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. Seven build-ready development pads. Approximately 7.5 acres. 112 approved units. Major infrastructure in place. Immediate vertical development opportunity.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveMay 28, 2026
- Listed$8,250,000May 28, 2026
Facts & features
- Property type
- Land
- Sub type
- Unimproved Land
- Status
- Active
- Subdivision
- Puerto Del Rio Condo Ph 1a
- County
- Brevard
- Lot size
- 326,700 sq ft
- Parcel #
- 24-37-15-00-00259.q-0000.00
- MLS #
- 1078450
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Exterior & Construction
- Waterfront
- Yes
Listing Details
- Listing date
- 2026-05-28
- On market date
- 2026-05-28
- Original list price
- $8,250,000
- Status changed
- 2026-05-28
Location
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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 October 19, 2026 at 1:33 PM 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.
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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.
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