5955 S Highway 1 in Rockledge, Florida, offers 14.5± acres of high and dry land with approximately 600 feet of direct Indian River frontage, listed at $5,500,000. The listing describes it as one of the last sizable riverfront parcels in Rockledge, on four-lane US Highway 1 and bookended by well-maintained residential communities: luxury single-family homes to the north and a waterfront condo development to the south.
The property was recently rezoned and, per the listing, now allows up to 88 townhomes or single-family homes by right, with no public hearing or PUD approval required. At 6 units per acre, that path leads straight to Brevard County construction plan approval, assuming compliance with existing buffers, wetland preservation, and cultural resource permitting. Note that the listing description cites RA-2-6 zoning while its property details show RU-2-6, so buyers should confirm the designation with the county
Rockledge sits in the heart of Florida's Space Coast, minutes from Kennedy Space Center and Blue Origin, Patrick Space Force Base, Cape Canaveral and Port Canaveral cruise terminals, Historic Cocoa Village, and Downtown Melbourne, with I-95 access, 50 minutes to Orlando and 20 minutes to the beaches. The listing notes that Brevard County's population has grown by over 12% in the past decade and that the median home price in Rockledge was $365,000 in Q1 2025, with strong rental demand and a shortage of new townhome inventory.
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