8955 Puerto Del Rio Dr Cape Canaveral, FL 32920
This exceptional 108,028 square foot commercial land parcel in Cape Canaveral, Florida, presents a unique investment opportunity. Located at 8955 Puerto Del Rio Drive, this 20-acre site boasts a prime location just outside Cocoa Beach, directly across from the port, and within walking distance of a new aquarium. The property offers convenient access to Highway 528, providing easy commutes to Orlando and Disney World. Zoned R-3, allowing for the construction of up to 112 residential units, the land is already developed with seven build-ready condo pad sites, each designed to accommodate 16 units. All necessary infrastructure is in place, making this a turnkey development opportunity. The development is divided into three phases: Phase I includes pads 4, 5, and 6
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.