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  3. 8955 Puerto Del Rio Drive Cape Canaveral, FL - 32920
  • MLS® #: B26035752
  • 8955 Puerto Del Rio Drive
  • Cape Canaveral, FL 32920
  • $8,250,000
  • 7.50 Acres
  • Land

MULTI-FAMILY INFILL OPPORTUNTY 112 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.

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Essential Information

  • MLS® #B26035752
  • Price$8,250,000
  • CAD Dollar$11,739,668
  • UK Pound£6,233,733
  • Euro€7,237,700
  • Acres7.50
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
  • HOPANo Hopa

Community Information

  • Address8955 Puerto Del Rio Drive
  • SubdivisionPUERTO DEL RIO CONDO PH 1C
  • CityCape Canaveral
  • CountyBrevard
  • StateFL
  • Zip Code32920

Area

6371 - Brevard County (E of IR)

Amenities

  • Is WaterfrontYes
  • WaterfrontOther, River Front

Amenities

Park, Dog Park, Fitness Center, Jogging Path, Parking, Pool, Storage, Sidewalks, Security, Recreation Facilities

Utilities

Cable Available, Electricity Available, Sewer Available, Water Available

View

Preserve, Water, Intracoastal, River

  • Office: One Sotheby's Int'l Realty

Property Location

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8955 Puerto Del Rio Drive on www.jupiteroceanfronthomes.us

Offered at the current list price of $8,250,000, this home for sale at 8955 Puerto Del Rio Drive features bedrooms and 0 bathrooms. This real estate listing is located in PUERTO DEL RIO CONDO PH 1C of Cape Canaveral, FL 32920 . 8955 Puerto Del Rio Drive is listed under the MLS ID of B26035752 and has been available through www.jupiteroceanfronthomes.us for the Cape Canaveral real estate market for 27 days.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
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Listing information last updated on June 30th, 2026 at 1:07pm CDT.