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    000 Atlantic Ave Cape Canaveral, FL 32920

    For Sale
    $1,150,000

    Prime Commercial Lot, Beachfront Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.85-acre commercial property in Cape Canaveral, Florida, presents a rare development opportunity. Located at 000 N Atlantic Avenue, zip code 32920, this expansive lot encompasses 73,840 square feet and boasts over 200 feet of street frontage, ensuring excellent visibility and accessibility. Currently zoned C-1 commercial, the property offers flexibility, with the potential for rezoning to R-2 residential. The strategic location provides proximity to key amenities, including the port, abundant shopping options, Cape View school, and the beach, all within walking distance. This property is being sold in conjunction with an adjacent lot (tax ID # 2444228), totaling 1.85 acres and is not divisible. Given the scarcity of buildable land in this desirable area, this presents a unique chance to construct a new commercial development or explore residential possibilities. The asking price is $1,150,000. A drive-by is highly recommended to fully appreciate the location and potential. Don't miss this chance to secure a prime piece of Cape Canaveral real estate.

    Property Features for 000 Atlantic Ave

    General Information

    Property type
    Land

    HighLights

    • 1.85‑acre commercial lot in Cape Canaveral, FL (000 N Atlantic Ave, 32920) with 73,840 sq ft and over 200 ft of street frontage.
    • C‑1 commercial zoning, with potential for R‑2 residential rezoning.
    • Prime location near the port, shopping, Cape View school, and the beach.
    • Sold with adjacent lot (tax ID #2444228); not divisible.
    • $1,150,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.621591
    Latitude
    28.4076485

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Beachfront Potential
    Where is this land located?
    The property is located at 000 Atlantic Ave Cape Canaveral, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 1.85-acre commercial lot in Cape Canaveral, FL (000 N Atlantic Ave, 32920) with 73,840 sq ft and over 200 ft of street frontage.; C-1 commercial zoning, with potential for R-2 residential rezoning.; Prime location near the port, shopping, Cape View school, and the beach.
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    000 Atlantic Ave Cape Canaveral, FL 32920
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    Cape Canaveral, FL 32920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Atlantic Ave Cape Canaveral, FL 32920
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