Exceptional investment opportunity awaits! This multi-family residential land, located on the 600 block of Adams Ave, boasts 0.43-acre (approx 18, 000 sq ft) of vacant lot, ready for development & ideally positioned in the heart of Cape Canaveral, just a few steps from the sandy shores of the Atlantic Ocean! Zoned R3, the property offers incredible potential for a developer or investor looking to capitalize on the area's booming growth & coastal appeal. With minimal clearing costs & utilities & sewer already accessible, this site is development ready. The zoning allows for a variety of residential uses, including townhomes w/ocean views & rocket launch views from the 2nd & 3rd floor of each front-facing unit - a rare find in this already developed beachside community. Just minutes from Port Canaveral, Cape Canaveral Hospital (new one coming soon), 25 min to Kennedy Space Center, NASA, SpaceX, Blue Origin. 35 min to Patrick AFB. Less than an hour to Orlando airport & area attractions!