327 Wilson Ave Cocoa Beach, FL 32931
Cocoa Beach NeighborhoodEstimated payment $12,738/month
Highlights
- Ocean View
- 24-Hour Security
- 24 Hour Access
- Cocoa Beach Junior/Senior High School Rated A
- 0.56 Acre Lot
About This Lot
Exceptional Investment Opportunity: Oceanfront Luxury Condominium Development
Presenting a rare and exceptional investment opportunity with a fully entitled 0.56-acre parcel, approved for the development of 14 luxury condominium units in one of Cocoa Beach's most sought-after locations. This shovel-ready site includes state-approved HOA documents and an approved site plan, offering a streamlined path to construction.
Positioned just blocks north of the world-renowned Cocoa Beach Pier, this prime oceanfront property boasts 200 feet of prime frontage and over 140 feet in depth, providing outstanding potential for a high-density, upscale residential project. Future residents will enjoy direct access to the pristine sands of Cocoa Beach and the Atlantic Ocean, all while being steps away from the area's vibrant attractions, fine dining, and abundant water sports activities. Residences will range from 1,450 to 3,125 square feet, featuring four distinct floor plans, including 2-bedroom, 2-bath units, 3-bedroom, 2-bath units, and two penthouses.
Each home will boast floor-to-ceiling hurricane-rated glass, state-of-the-art technology, and covered parking. These luxurious residences will cater to the most discerning buyers seeking breathtaking ocean views and unmatched elegance.
From their private balconies, future residents will view breathtaking sunrises, Cape Canaveral's awe-inspiring rocket launches, and the passage of world-class cruise ships and yachts.
This project was designed by one of Cocoa Beach's most respected and accomplished developers, with a track record of delivering over 22 successful mid-rise coastal developments known for quality, durability, and timeless appeal.
Located in an RU-2-30 zoning district, which permits high-density multi-family residential development, the property also allows for daily rentals. The developer engaged a professional third-party firm to conduct a comprehensive rental income analysis, assessing the potential of operating the building as a full Airbnb resort. This zoning flexibility provides an opportunity for long-term income generation, adding value and enhancing the asset's potential.
Don't miss this rare opportunity to develop in one of Florida's most desirable coastal communities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,903
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 200 x 136
- Property fronts a county road
- Cleared Lot
- Building or Site Plan Approved
- Site Plan Filed
HOA Fees
- $500 Monthly HOA Fees
Property Views
- Ocean
- Beach
Home Design
- Proposed Property
- Asphalt
Schools
- Cape View Elementary School
- Cocoa Beach Middle School
- Cocoa Beach High School
Listing and Financial Details
- Assessor Parcel Number 24-37-26-Cg-00101.0-0002.00
- Seller Concessions Offered
Community Details
Overview
- Tortoise Cay Association
- Avon By The Sea Subdivision
Security
- 24-Hour Security
- 24 Hour Access
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $2,000,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1038857
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