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

5955 S Highway 1, Rockledge, FL 32955

  • For Sale $5,500,000
  • Property Type VacantLand
  • Lot Size 14.5 Acre
  • Date Updated Apr 30, 2025
Located directly off of US1 and with 600' of direct frontage on the Indian RiverSeize 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
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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

Contacts

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eXp Commercial

Location

Getting Around

  • Walk Score ®

    70/100 Somewhat Walkable
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Rockledge, FL
  • Neighborhood Viera East
  • Zip Code 32955
  • Market Orlando

Points of Interest

  • ChargePoint

    0.32 miles

  • Hess

    1.15 miles

  • 7-Eleven

    1.58 miles

  • Citgo

    1.65 miles

  • Sunoco

    1.65 miles

  • Mobil

    1.72 miles

  • Speedway

    2.37 miles

  • Chevron

    2.77 miles

  • Greenlots

    3.21 miles

  • Tesla Supercharger - Rockledge

    5.74 miles

  • Publix

    3.02 miles

  • Truck Parking

    4.11 miles

  • Viera Lot

    5.91 miles

  • Parking - Port Canaveral Employee and Vendor Parking

    7.09 miles

  • Parking - Port Canaveral Terminal 10

    7.13 miles

  • Parking - Port Canaveral Terminal 8

    7.24 miles

  • Parking - Port Canaveral Terminal 6

    7.47 miles

  • Econo Lodge Port Canaveral Area

    1.92 miles

  • Budget Inn

    4.07 miles

  • Holiday Inn Express & Suites Cocoa

    4.32 miles

  • Days Inn by Wyndham Cocoa Cruiseport West At I-95/524

    5.27 miles

  • Days Inn

    5.28 miles

  • Apollo Inn

    6.37 miles

  • Econo Lodge

    7.00 miles

  • La Quinta Inn Cocoa Beach-Port Canaveral

    7.03 miles

  • Westgate Cocoa Beach Resort

    7.12 miles

  • Four Points by Sheraton Cocoa Beach

    7.14 miles

  • Murdocks Bistro & Char Bar

    0.17 miles

  • Von Stephan Village Bier Garten Restaurant

    0.31 miles

  • Ryan's Pizza

    0.34 miles

  • Cryderman's BBQ

    0.35 miles

  • Tin Whiskey

    0.42 miles

  • Arby's

    0.46 miles

  • Papa John's

    0.66 miles

  • A&M Atlantic Seafood, Inc

    0.97 miles

  • Dunkin'

    1.15 miles

  • Domino's

    1.39 miles

  • Rockledge High School

    0.62 miles

  • Ronald McNair Middle School

    0.76 miles

  • Golfview Elementary School

    1.31 miles

  • Mila Elementary School

    1.60 miles

  • Central Pine Grove School

    1.67 miles

  • Fairglen Elementary School

    1.78 miles

  • Pineda Elementary School

    1.86 miles

  • Edgewood Jr/Sr High School

    1.90 miles

  • Tropical Elementary School

    1.91 miles

  • John F. Kennedy Middle School

    1.93 miles

  • Viera Children's Academy

    6.00 miles

  • Discovery Learning Center

    9.33 miles

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