8955 Puerto Del Rio Dr Cape Canaveral, FL 32920

This exceptional 20-acre commercial land parcel in Cape Canaveral, FL, presents a lucrative investment opportunity. Located just outside Cocoa Beach, across from the port and near a new aquarium, this property boasts convenient access to the 528 highway, providing easy commutes to Orlando and Disney. The site offers seven build-ready condo pad sites, each accommodating 16 units, totaling a potential 112 units under R-3 zoning. Infrastructure is complete, with pads 4, 5, and 6 comprising Phase I, pad 11 in Phase II, and pads 16-18 in Phase III. Please note that pads 16 and 18 require new sewage lines. The property's 108,028.8 square foot lot size offers significant development potential, with some units potentially offering partial river views. The asking price is $10,500,000. This is an ideal location for a high-demand residential or mixed-use development, capitalizing on the area's thriving tourism and proximity to major attractions. The property is situated at 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920.