700 Central BlvdCape Canaveral, FL 32920

Property Details for 700 Central Blvd

Lot size

7.70 AC

Property type

Land

Property subtype

Hospitality properties

Description

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.

Location Insight

City

Cape Canaveral

County

Brevard

State

Florida

Latitude

28.3961

Longitude

-80.616

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