Riverfront space at $216 a foot

PUERTO DEL RIO

Puerto Del Rio is the 2000s riverfront condominium community in Cape Canaveral where every unit is a three bedroom over 1,800 square feet and the price per foot came in at about $216.

1,840 to 2,436 sq ft
Unit Size
$450,000
Median Sold Price
2003 to 2007
Year Built
$860 to $945 a month
Condo Fee
What Puerto Del Rio actually is

Puerto Del Rio In Cape Canaveral, Florida

Puerto Del Rio is a waterfront condominium community on Puerto Del Rio Drive in Cape Canaveral, in the 32920 zip code, built across several phases between 2003 and 2007. All thirteen units that came to market in the last twelve months were waterfront on the river side.

Units run 1,840 to 2,436 square feet with 3 to 3 bedrooms, at about $216 per square foot. The median sale over the last twelve months was $450,000, in a range from $399,000 to $685,000.

Monthly fees run $860 to $945 a month, and the median annual property tax was $5,287. Add those together before you compare this building against another on sale price alone, because the monthly picture is not what the list price suggests.

The value is the reason to look. Every unit is a three bedroom between 1,840 and 2,436 square feet, and at about $216 per square foot with a $450,000 median it is one of the cheapest ways to buy real space on the water anywhere on the Space Coast. Closings landed at about 90 percent of asking after a seventy seven day median, so there is room to negotiate too.

The numbers, in one place

Puerto Del Rio At A Glance

From the last twelve months of activity at Puerto Del Rio.

DetailWhat you get
Housing typeCondominium
Unit sizeRoughly 1,840 to 2,436 square feet
Bedrooms3 to 3
Year built2003 to 2007
Median sold price$450,000
Sold price range$399,000 to $685,000
Price per square footAbout $216 median
Condo fee$860 to $945 a month
Waterfront13 of 13 recent listings
Property taxAbout $5,287 median annual
Days on market77 days median, at about 90 percent of original asking price
LocationPuerto Del Rio Drive, Cape Canaveral
Where the money goes

Puerto Del Rio Costs, Honestly

On a condominium the fee is only the first of three questions that decide what you actually pay.

Monthly Fee

$860 to $945 a month

$860 to $945 a month through Puerto Del Rio Condominium Association. On buildings from 2003 to 2007 the structural questions are far less acute than in the 1970s towers, though the reserve study still tells you whether the fee is keeping pace.

Milestone Inspection And Reserves

Ask before you offer

Florida requires milestone inspections and structural integrity reserve studies for older multi story condominium buildings, and the findings drive both reserve funding and the odds of a special assessment. We request the milestone status, the reserve study and the last two years of board minutes before you go under contract.

Real Negotiating Room

About 90 percent of original list

A 77 day median with closings near 90 percent of the original asking price. That is genuine leverage, and a well supported offer below asking is normal here rather than aggressive.

What you are actually buying

Puerto Del Rio Features

Best Space Per Dollar On The Water

About $216 per square foot on three bedroom units over 1,800 square feet.

Every Unit Waterfront

All thirteen recent listings were waterfront on the river side.

Three Bedrooms Only

From 1,840 to 2,436 square feet. There is no smaller product here.

Built 2003 To 2007

Newer construction with fewer of the structural concerns that dominate older beachside buildings.

Room To Negotiate

Closings near 90 percent of the original asking price after a seventy seven day median.

Near Port Canaveral

Minutes from the cruise terminals, the Port restaurants and the causeway west.

See what is actually available

Condos For Sale At Puerto Del Rio

Live MLS listings filtered to Puerto Del Rio. This is a single building, so the list is short by definition and turnover is what drives it.

Straight answers

Puerto Del Rio Frequently Asked Questions

What are the condo fees at Puerto Del Rio?

$860 to $945 a month. We review the budget, the reserve study and the milestone inspection status before you commit.

How much do units sell for at Puerto Del Rio?

The median closed price over the last twelve months was $450,000, in a range from $399,000 to $685,000, at about $216 per square foot.

How big are the units at Puerto Del Rio?

Roughly 1,840 to 2,436 square feet with 3 to 3 bedrooms.

When was Puerto Del Rio built?

Between 2003 and 2007 across several phases, newer than most Space Coast condominium stock.

Where Puerto Del Rio sits

Puerto Del Rio Drive, Cape Canaveral

Puerto Del Rio sits on Puerto Del Rio Drive in Cape Canaveral, in the 32920 zip code, on the river side of the city.

A1A runs south to Cocoa Beach and north to the Port Canaveral cruise terminals and Cape Canaveral Space Force Station. SR 528 crosses the causeway west toward Merritt Island, I-95 and Orlando, and the Atlantic beaches are a short walk or drive east.

Cape CanaveralWaterfrontBuilt 2003 To 2007Three BedroomsBest Value Per FootRoom To Negotiate
Talk to a local

Considering Puerto Del Rio?

If Puerto Del Rio is on your list, my partner Nichole and I are the agents to call. We sell Cape Canaveral every week, we know these buildings and these streets, and we will tell you straight whether a place is priced right. Reach out anytime at (321) 212-7676.