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    Cape Canaveral, FL Waterfront Land for Sale

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    Cocoa Beach, FL Merritt Island, FL Cocoa, FL
    Entitled Multifamily Development Land
    $8,250,000
    7.50 Acres
    Entitled Multifamily Development Land

    8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

    Fully entitled multifamily site with horizontal infrastructure in place for immediate vertical development across seven approved pads.
    • +/-7.5‑acre fully entitled multifamily development opportunity in Cape Canaveral with 112 approved units
    • Seven approved mid‑rise residential pads, each +/-1 acre or greater, with entitlements for four‑story structures up to 45 ft
    • Each building is approved for 16 residential units, totaling 112 approved multifamily units across the site
    • All horizontal infrastructure in place, including paved roadways, municipal water, sanitary sewer, electrical service, drainage, and utility connectivity
    • Utilities available include cable, with public water and public sewer
    Updated: Jun 2
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    Waterfront Land Parcel
    $8,250,000
    Waterfront Land Parcel

    8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

    Waterfront development site in Brevard County, accessible via the riverfront corridor off N Banana River Drive.
    • Waterfront development site in Brevard County, accessible via the riverfront corridor off N Banana River Drive
    • Views include water and the river
    Updated: Jun 2
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cape Canaveral, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Riverfront Land in Grant-Valkaria, FL
    $375,000
    0.47 Acres
    Riverfront Land in Grant-Valkaria, FL

    Rare riverfront opportunity to build your dream house and dock.

    Grant Valkaria, FL 32949

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    Waterfront Commercial Development Opportunity
    $2,895,000
    10,520 SF
    Waterfront Commercial Development Opportunity

    Large waterfront property with development potential and existing income.

    4234 Highway 1, Grant Valkaria, FL 32949

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    Waterfront Residential Building Lot
    $900,000
    19,166 SF
    Waterfront Residential Building Lot

    Cleared, level-ready waterfront lot with an existing seawall and dock for a custom residential build.

    200 Milford Point Drive, Merritt Island, FL 32952

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    Space Coast Waterfront Homesite
    $825,000
    Space Coast Waterfront Homesite

    Waterfront homesite with views of rocket launches and marine life.

    1770 S Shelter Trl, Merritt Island, FL 32952

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    Cape Canaveral, FL Waterfront Land Investment Opportunities Market Analysis

    Explore 2 waterfront land for sale in Cape Canaveral, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $16,500,000.

    Sale prices for water rights properties in Cape Canaveral, FL start at $8,250,000, averaging $8,250,000, and reaching up to $8,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 3
    Residential land & home lots 3
    Waterfront Land 2

    Demographics Overview

    Population 9,964
    Population Growth (5Y) -2.1%
    Median Household Income $70,734
    College Educated 52.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $20.73 per sq ft
    Tax Rate vs County Average 0.42 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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