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Multi-Family

700 West Central Boulevard

700 West Central Boulevard, Cape Canaveral, FL 32920

Listing Price: $6,750,000

Lot Size
7.70 acres
Price/Acre
$876,623
Land Type
Land

Investment Overview

Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale 700 West Central Boulevard, a 7.7 acre development site located in Cape Canaveral, Florida.

Investment Highlights

  • The property's zoning as R-3 Medium Density Residential, along with the A1A Economic Opportunity Overlay District, offers a unique advantage for residential development with economic incentives
  • Situated in Cape Canaveral, a sought-after area known for its beaches and access to aerospace and technology centers, the property enjoys a prime location with high growth potential.
  • Zoning permits medium density residential development, allowing for a range of housing options such as townhouses, condos, or apartments to cater to the growing demand for housing in the area.
  • The inclusion of the A1A Economic Opportunity Overlay District may offer incentives and opportunities for mixed-use developments that combine residential units with commercial or retail spaces
  • Cape Canaveral's appeal to tourists and its proximity to space and technology facilities contribute to a steady demand for housing, enhancing the property's investment potential.
  • The region's consistent growth and attractiveness as a residential destination present an opportunity for capital appreciation and rental income potential.
  • The property's location ensures access to existing infrastructure and essential utilities, making development more feasible and cost-effective.

Exclusively Listed By

Multi-Family

700 West Central Boulevard

Listing Price: $6,750,000

Lot Size
7.70 acres
Price/Acre
$876,623
Land Type
Land

Investment Highlights

  • The property's zoning as R-3 Medium Density Residential, along with the A1A Economic Opportunity Overlay District, offers a unique advantage for residential development with economic incentives
  • Situated in Cape Canaveral, a sought-after area known for its beaches and access to aerospace and technology centers, the property enjoys a prime location with high growth potential.
  • Zoning permits medium density residential development, allowing for a range of housing options such as townhouses, condos, or apartments to cater to the growing demand for housing in the area.
  • The inclusion of the A1A Economic Opportunity Overlay District may offer incentives and opportunities for mixed-use developments that combine residential units with commercial or retail spaces
  • Cape Canaveral's appeal to tourists and its proximity to space and technology facilities contribute to a steady demand for housing, enhancing the property's investment potential.
  • The region's consistent growth and attractiveness as a residential destination present an opportunity for capital appreciation and rental income potential.
  • The property's location ensures access to existing infrastructure and essential utilities, making development more feasible and cost-effective.

Investment Overview

Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale 700 West Central Boulevard, a 7.7 acre development site located in Cape Canaveral, Florida.

Exclusively Listed By

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