327 Wilson Avenue, Cocoa Beach, FL 32931 photo 1
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$13,500,000

327 Wilson Avenue, Cocoa Beach, FL 32931

Cocoa Beach, FL 32931

Active
Bathrooms
30
Sq Ft
34,878
Lot Size
0.56
Year Built
2026
Type
Commercial Sale
Status
Active
MLS #
1038375

Property Description

An exceptional opportunity to own a fully delivered, brand-new turnkey 14-unit boutique condominium/condohotel in one of Florida's most coveted coastal destinations--Cocoa Beach. This state-of-the-art development offers luxury ocean-view residences with premium construction, modern design, and resort-style appeal. Tortoise Cay, privately positioned in an exclusive enclave, blends boutique sophistication with income-generating potential, creating a lifestyle-driven asset unlike anything else in the market. Situated just 300 steps from the Atlantic Ocean, the site offers a prime location only six blocks from the Cocoa Beach Pier, surrounded by a vibrant mix of restaurants, boutiques, and entertainment options. With such an enviable setting, these luxury residences are positioned to attract discerning client looking for the ultimate in coastal living. The developer behind this project brings over 40 years of experience in luxury coastal developments and has already completed 22 mid-rise condominiums in Cocoa Beach. This track record speaks to their ability to successfully navigate the intricacies of high-end coastal development, ensuring that each project is executed to the highest standards. The project consists of 14 modern, ocean-view condominiums, with unit sizes ranging from 1,450 to 3,125 square feet. The four distinct floor plans, including two-bedroom, three-bedroom, and penthouse units ranging from 2,800 to 3,200 square feet, are designed to capture breathtaking views of rocket launches, cruise ships, and sunrises, offering an unparalleled living experience. Located in an RU-2-30 zoning district, which permits high-density multi-family residential development, the property also allows for daily rentals. This zoning flexibility provides an opportunity for long-term income generation, adding value and enhancing the asset's potential.

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Listed by James Edmunds

Listing courtesy of One Sotheby's International

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Listing data provided by Space Coast Association of REALTORS® MLS. All information is deemed reliable but not guaranteed. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listed: 2/26/2025