Residential

Cape Canaveral, FL Residential Land & Home Lots for Sale

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Cocoa Beach, FL Merritt Island, FL Cocoa, FL Rockledge, FL Crestview, FL Malabar, FL Melbourne, FL Satellite Beach, FL
Entitled Multifamily Development Land
Updated: Jun 2
Entitled Multifamily Development Land

8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

$8,250,000
7.50 AC lot
+/-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
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Residential Development Land Parcel
Updated: May 4
Residential Development Land Parcel

Oak Lane, Cape Canaveral, FL 32920

$275,000
0.25 AC lot
Prime location: Just 0.75 miles to the Atlantic Ocean.
Development potential: Zoned R‑2, allowing single and multi‑family homes.
Rezoning possibilities: Adjacent lots are zoned C‑1 commercial.
Large 82' x 118' parcel.
Private coquina well on site.
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Land, CAPE CANAVERAL, FL
Land, CAPE CANAVERAL, FL

OAK Lane, Cape Canaveral, FL 32920

$275,000
0.23 AC lot

Residential land & home lots · 0.23 Acres

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See what stands out in Brevard County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Fully Entitled Waterfront Multifamily Land
Fully Entitled Waterfront Multifamily Land

8955 Puerto Del Rio Dr, Cape Canaveral, FL 32920

$8,250,000
7.50 AC lot

Seven approved pads with infrastructure in place for up to 112 multifamily units in Cape Canaveral.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

R-1 Waterfront Residential Lot
R-1 Waterfront Residential Lot

490 Brightwaters Dr, Cocoa Beach, FL 32931

$950,000
0.23 AC lot

Residential lot with direct Banana River frontage and water and sewer available in Cocoa Beach.

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Land
Land

0000 Shore Drive, Merritt Island, FL 32952

$3,750,000

Waterfront Land

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River-Facing Redevelopment Land
River-Facing Redevelopment Land

161 S Shepard Drive, Cocoa Beach, FL 32931

$717,895

Secluded river-facing land near the Atlantic Ocean, within the Gateway Redevelopment District with multifamily and commercial-use zoning.

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Land
Land

1740 Wavecrest Street, Merritt Island, FL 32952

Contact for pricing

Waterfront Land

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Cape Canaveral, FL Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Cape Canaveral, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 674,309 square feet of properties for sale, with an estimated market value of $17,050,000.

Sale prices for home sites in Cape Canaveral, FL start at $275,000, averaging $4,262,500, 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 property segments ranked by active listings on the market

Commercial land 6
Waterfront Land 4
Residential land & home lots 4

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Cape Canaveral submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32920 $4.3M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

Residential Income

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