Multi-Family
700 West Central Boulevard
700 West Central Boulevard, Cape Canaveral, FL 32920
Listing Price: $6,930,000
Lot Size
7.70 acres
Price/Acre
$900,000
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.
700 West Central Boulevard
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.
Listing Price: $6,930,000
Lot Size
7.70 acres
Price/Acre
$900,000
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.
