Prime Riverfront Development Opportunity

Property Description

Seize the rare opportunity to develop on one of the last sizable riverfront parcels in Rockledge—14.5± acres of high and dry land with approximately 600 feet of direct Indian River frontage. Strategically located on four-lane US Highway 1, this site is bookended by well-maintained residential communities: luxury single-family homes to the north and a waterfront condo development to the south.

Recently rezoned to RA-2-6, the property now allows up to 88 townhomes or single-family homes by right—no public hearing or PUD approval required. This zoning streamlines your path to Brevard County construction plan approval, assuming compliance with existing buffers, wetland preservation, and cultural resource permitting.

Key Development Advantages:

• RA-2-6 Zoning (6 Units/Acre) – No PUD needed for up to 88 units
• By-Right Development – Skip public hearings and move straight to site plan
• Direct Riverfront Access – Ideal for high-end townhome or single-family layout
• Utilities & Access – Direct US1 access, near existing infrastructure

Location Highlights:

Brevard County / Space Coast:
Rockledge, located in the heart of Florida’s Space Coast, offers a unique blend of natural beauty and economic momentum. The site sits just minutes from:

• Kennedy Space Center & Blue Origin
• Patrick Space Force Base
• Cape Canaveral & Port Canaveral cruise terminals
• Historic Cocoa Village & Downtown Melbourne
• I-95 Access, 50 mins to Orlando, 20 mins to beaches

Location Description:

Located directly off of US1 and with 600' of direct frontage on the Indian River

Highlights

Market Snapshot:

• Brevard County’s population has grown by over 12% in the past decade
• Median home price in Rockledge: $365,000 (Q1 2025)
• Strong rental demand and shortage of new townhome inventory
• Area is attracting aerospace professionals, healthcare workers, and retirees seeking a vibrant waterfront lifestyle

Ideal For:

• Townhome Developers and Luxury Single Family Home Developers
• Site Developers
• Investors Seeking Trophy Waterfront Holdings