$8,250,000
8955 Puerto Del Rio Drive
Cape Canaveral, FL 32920
PUERTO DEL RIO CONDO PH 1C
Explore the area: Brevard County real estate
Price Check
How this price compares
- List price
- $8,250,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 120
This lot is listed at $8,250,000. It has been on the market for 120 days.
Estimated monthly payment
$43,357 /mo
Principal and interest only, based on $1,650,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,250,000
- Days on Site
- 120 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 7.5 Acres
- Property Type
- Land
- MLS #
- B26035752
- Property Tax
- $202 (2025)
- Subdivision
- PUERTO DEL RIO CONDO PH 1C
- County
- Brevard
- Status
- Active
- Special Conditions
- Standard
About This Property
BUILD-READY MULTIFAMILY DEVELOPMENT LAND | SEVEN 1-ACRE PADS | 7 BUILDINGS | 16 UNITS PER BUILDING | 112 APPROVED UNITS Positioned within the Economic Overlay District of Cape Canaveral, the subject property represents a fully entitled ±7.5-acre multifamily development opportunity consisting of seven approved mid-rise residential pads. Each development pad encompasses approximately ±1 acre or greater and is approved for a four-story multifamily structure to a maximum building height of 45 feet. Current entitlements allow for 16 residential units per building, totaling 112 approved multifamily units across the site. All horizontal infrastructure improvements are in place, including paved roadways, municipal water, sanitary sewer, electrical service, drainage, and utility connectivity, allowing for immediate vertical development execution. Positioned near the final undeveloped waterfront corridor within Cape Canaveral and neighboring the Banana River, the asset is surrounded by an established coastal residential and hospitality corridor comprised of condominium communities, hotels, mixed-use assets, and multifamily developments. The project benefits from exceptional regional connectivity and a highly desirable coastal backdrop highlighted by world-famous Port Canaveral, the Intracoastal Waterway, and the Atlantic Ocean beaches, positioning the development within one of Central Florida's most supply-constrained and rapidly appreciating waterfront submarkets.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 7.5
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0040
Exterior Features
- Pool Features
- Association
- Lot Features
- Five To Ten Acres / Residential Lot
- Waterfront
- Yes
- Waterfront Features
- Other / River Front
- View
- Intercoastal / Preserve / River / Water
Community & HOA
- HOA Includes
- Common Areas / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Dog Park / Fitness Center / Park / Pool / Parking / Security / Storage / Sidewalks / Trails
- Utilities
- Cable Available / Electricity Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional / Owner May Carry / Private Financing Available
- MLS Area
- 6371 - Brevard County (E of IR)
Features & Amenities
About the Area
- Homes for Sale
- 4
- Median List Price
- $375,333
- Median $/Sq Ft
- $287
- Avg Days on Market
- 172
Frequently Asked Questions
- How do I schedule a tour of 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920?
- Use the Tour button on this listing to request a showing of 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 still available?
- 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 is currently listed as Active, and has been on the market 120 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920?
- With 20% down ($1,650,000) on the $8,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 is about $43,357/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920?
- Often, yes. The right offer on 8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920 depends on how it's priced against comparable land sales in Cape Canaveral, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's Int'l Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$8,250,000
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Listed by James Kenneth Edmunds, One Sotheby's Int'l Realty
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