#1026339, Ellen Rubino, Listing Office: RE/MAX Aerospace Realty
Property details
About 327 Wilson Ave
Exceptional investment opportunity with this fully entitled 0.56-acre parcel, approved for 14 luxury condominium units in one of Cocoa Beach's most coveted locations. This shovel-ready site boasts state-approved HOA DOCs, an approved site plan, and the ability to break ground within 45 days of a re-submitted site plan. Located just blocks north of the world-famous Cocoa Beach Pier, this prime ocean-view property features 200 feet of frontage and over 140 feet in depth, offering an incredible density potential for a high-end residential development. Just steps from the pristine sands and the Atlantic Ocean, future residents will enjoy an unparalleled beachside lifestyle while being moments away from Cocoa Beach's vibrant attractions, fine dining, and water sports. Introducing Tortoise Cay - A Boutique Luxury Condominium Development Designed with a modern, sophisticated flair reminiscent of Miami's South Beach, Tortoise Cay will be an exclusive 14-unit ocean-view luxury condo. 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.
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Summary
- MLS Number: 1038857
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: One Sotheby's International
- Office Phone: (321) 984-3135
- Office Email: mfarr@onesothebysrealty.com
- Listing Agent: James Edmunds
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Last updated on: 3/14/2025, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
327 Wilson Ave
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Price information
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Nearby schools
5
Cape View Elementary School
Public District PK-6
1.4 mi
•8440 Rosalind Ave
9
Theodore Roosevelt Elementary School
Public District KG-6
4.1 mi
•1400 Minutemen Cswy
8
Audubon Elementary School
Public District PK-6
4.1 mi
•1201 N Banana River Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,581. Typical income of Cocoa Beach, FL residents is between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 327 Wilson Ave
This home is located at 327 Wilson Ave in Cocoa Beach, FL and zip code 32931. Features: 0 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $2,000,000.
While more than 0 listings in Cocoa Beach, FL in February 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 20 were sold below. The number of listings in Cocoa Beach, FL increased by 14.6% between January and February 2025. In February 2025 median list price was $490,125 and the average listing age was 123 days.