About This Property
Description from listing agentWaves District offers 12 inline retail and commercial units for lease within Phase 2 of a fully entitled, multi-phase mixed-use development at the corner of Astronaut Blvd and West Central Blvd in Cape Canaveral. Phase 1, approximately 17,000 SF of retail, is fully leased. Phases 3 and 4 will deliver 104 nightly vacation rental units, the ONLY permitted near Port Canaveral, totaling approximately 200 beds. That captive audience lives directly above your storefront, drawing from long-term residents, nightly guests, cruise passengers, and Space Coast visitors. Phase 2 GLA totals 17,302 SF with units ranging from 1,130 to 2,815 SF, combinable. Delivery proposed 2027. On-site amenities include a resort-style pool, ample parking, and existing tenants Zarrella's Italian and Wood Fired Pizza and Surf Style retail. Suitable uses include food and beverage, retail, health and beauty, fitness, and service concepts.
Space Coast Context
🚀 Launch Viewing — Great Views
11.6 mi from SLC-40
11.6 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $29
- Property taxes
- $6
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $6K price — down payment shown: $1,100.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
