www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23185294
23185295

5955 S US-1, Rockledge, FL 32955

LE
FL SL3439689
Rocket City Commercial, Brokered by eXp Commercial
HC
FL BK 3351454
Rocket City Commercial, Brokered by eXp Commercial
Listed by Rocket City Commercial, Brokered by eXp Commercial
$5,500,000
402 days on market
Updated 4 days ago

Prime Riverfront Development Opportunity

Details
Property Type Land
Sub Type Residential
Acreage 14.500
Zoning RA-2-6

Prime Riverfront Development Opportunity – 14.5± AC Rockledge, FL | Up to 88 Units “By Right” 5955 S

Marketing description

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

Investment highlights

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

Listing Contacts

LE
FL SL3439689
Rocket City Commercial, Brokered by eXp Commercial
HC
FL BK 3351454
Rocket City Commercial, Brokered by eXp Commercial
Listed by Rocket City Commercial, Brokered by eXp Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Lisa Earnhardt
License
SL3439689
Brokerage Phone
4079298009
Name
Holly Carver
License
BK 3351454
Brokerage
eXp Commercial
Title
Broker Associate
Brokerage Address
5095 South Washington Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591