For Sale
$6,750,000

700 Central BlvdCape Canaveral, FL 32920

Prime development site, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7.7-acre parcel, located at 700 West Central Blvd, Cape Canaveral, FL 32920, presents a unique investment opportunity. Zoned R-3 Medium Density Residential District with an A1A Economic Opportunity Overlay District, this property allows for a variety of development options. The land is priced at $6,750,000, or $20.66 per square foot. Its strategic location offers high visibility along a major thoroughfare with a daily traffic count of 31,500 vehicles. The site's proximity to Port Canaveral, space launch zones, and Exploration Tower adds significant value. Permitted uses include multifamily residential, hotel, and mixed-use developments, potentially allowing for up to 231 units in a four-story building with ground-floor commercial space. The serene setting between the Banana River and Manatee Sanctuary Park provides a picturesque environment. This prime location in Brevard County offers unparalleled access to the thriving space industry and the natural beauty of the Florida coast. The property's APN is 24-37-15-00-510. This is a rare chance to acquire a substantial development site in a highly desirable area.

Highlights

  • 7.7-acre parcel in prime Cape Canaveral location.
  • R-3 zoning with A1A Economic Opportunity Overlay.
  • Development potential: up to 231 units in a four-story building with ground-floor commercial space.
  • Multifamily, hotel, and mixed-use development permitted.
  • Near Port Canaveral, space launch facilities, and Exploration Tower.

Property Details for 700 Central Blvd

Property type
Land, Hospitality properties
Lot Size (sq. ft)
335,412 SF

Location Insight

City
Cape Canaveral
County
Brevard
State
Florida
Latitude
28.39606487
Longitude
-80.6160027
700 Central Blvd, Cape Canaveral, Florida

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700 Central Blvd
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