260 Cape Shores Cir Cape Canaveral, FL 32920
- Land
Current Use by Public Records
- Land
Property Details for 260 Cape Shores Cir
- Property type
- Land
Description
This exceptional 3.58-acre commercial land parcel, located at 260 Cape Shores Circle in Cape Canaveral, Florida (zip code 32920), presents a remarkable investment opportunity. The property boasts a substantial 155,945 square feet of land, offering two street accesses and prime beachfront location. Its strategic position at the start of a high per-capita income area in Brevard County ensures strong potential for future development. Currently zoned for residential-related amenities (R3 zoning allows for 15 units per acre, totaling approximately 53.7 units), this site is ideal for a variety of projects, including the construction of up to 50 income-producing condominiums or single-family homes. The property's unique configuration, described as a flag lot 50 feet wide on Holman Street extending to a rectangular lot behind Aerial Adventure, adds to its appeal. Surrounded by established businesses and residential properties, this land offers a blend of tranquility and accessibility. The asking price is $4,500,000. This combination of prime location, zoning potential, and attractive price point makes this a rare and compelling investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape Canaveral
- County
- Brevard
- State
- Florida
- Longitude
- -80.6064
- Latitude
- 28.3763
