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R-1 Waterfront Residential Lot

490 Brightwaters Dr, Cocoa Beach, FL 32931

For Sale
$950,000

Residential lot with direct Banana River frontage and water and sewer available in Cocoa Beach.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market259

Property Features for 490 Brightwaters Dr

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Land/Lot
Zoning R-1

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Homecoin.com
Listed By: Jonathan Minerick · License FL #01523060
Source: Viewfloridabeachhouses
Added: Feb 27 Changed: Nov 1 Last Checked: Nov 12 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homecoin.com

Rey
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Investment Insights

Based on property information with market context.

This residential land parcel is located on the Banana River in the Venetian Way neighborhood of Cocoa Beach, offering approximately 72.77 feet of direct waterfront frontage. The lot measures about 0.23 acres and is oriented looking due west. Dock potential may be available, subject to permitting.

The property sits on a quiet residential street that dead-ends in a cul-de-sac. City of Cocoa Beach water and sewer are available, and there is no HOA. It is approximately 0.7 miles to public beach access and about 1 mile to the Cocoa Beach Pier. The property is zoned R-1 for single-family residential use, and the area offers line-of-sight views of Kennedy Space Center launches.

As a waterfront R-1 lot, the site is well-suited for a single-family home build with direct access to the Banana River, with dock considerations determined through the permitting process.

Key Highlights

  • 0.23‑acre residential lot on the Banana River with 72.77 ft of direct west‑facing frontage
  • Dock potential available, subject to permitting
  • City of Cocoa Beach water and sewer available

Property Analytics

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Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 32931, FL

13,643
Population
10,763
Households
1.3
Avg Household Size
60
Median Age
52%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,624
Density / Sq Mi
$84,769
Median Household Income
$51,769
Median Earnings
$1,533
Median Rent
$478,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Waterfront Land in Brevard County, FL

$247 Jul
$756 Aug
$858 Sep
$1,101 Oct

Properties on Market for Waterfront Land in Brevard County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Waterfront Land - Residential lot with direct Banana River frontage and water and sewer available in Cocoa Beach.
Where is this waterfront land located?
The property is located at 490 Brightwaters Dr Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 0.23‑acre residential lot on the Banana River with 72.77 ft of direct west‑facing frontage; Dock potential available, subject to permitting; City of Cocoa Beach water and sewer available
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