327 Wilson Avenue, Cocoa Beach, FL 32931 (MLS# 1038375)

327 Wilson Avenue, Cocoa Beach, FL 32931

$13,500,000
Property Type: Commercial Sale Baths: 30 Square Footage: 34,878 Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $13,500,000 List Date: 2/26/2025 Last Modified: 4/22/2026

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.

Supplements: 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.

More Information MLS# 1038375

Location, Tax, and Legal

Tax Account: 2435872 Parcel Number: 24-37-26-Cg-00101.0-0002.00 General County Location: Central Tax Annual Amount: 12902.8 Tax Year: 2024 Tax Legal Description: AVON BY THE SEA LOTS 2, 3, 4 & 5 BLK 101 Directions: To get from Cocoa Beach Pier TO 327 Wilson Ave, head west on Cocoa Beach Causeway (SR 520 W) for 1.5 miles, then turn left onto A1A South. After 0.5 miles, turn right onto Wilson Ave and continue to 327 Wilson Ave on the right. The drive takes about 3 minutes.

General Property Information

Number Of Units Total: 14 Stories Total: 5 Building Area Total: 34878 Building Area Source: Builder Lot Size Acres: 0.56 Association YN: Yes Association Fee: 700 Association Fee Frequency: Monthly Building Name: TORTOISE CAY Water Body Access YN: No Waterfront YN: No List Price/SqFt: 387.06 Bathrooms Total: 30 Year Built: 2026

Remarks and Miscellaneous

Public Remarks: 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.

Association Amenities

Barbecue: 1 Maintenance Structure: 1 Management - Developer: 1 Security: 1

Construction Materials

Block: 1 Concrete: 1

Cooling

Ceiling Fan(s): 1

Current Use

Commercial: 1 Investment: 1 Mixed Use: 1

Flooring

Tile: 1

Heating

Central: 1

Lot Features

Cleared: 1

Parking Features

Additional Parking: 1 Assigned: 1 Secured: 1

Possession

Close Of Escrow: 1

Road Frontage Type

City Street: 1 County Road: 1

Roof

Composition: 1 Concrete: 1

Sewer

Private Sewer: 1

Unit 1 Details

Unit ID: 2 bedroom Annual Rent: 0 Unit SqFt: 1494 # Units (This Type): 6 Baths Total: 2 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 2 Details

Unit ID: 2 bedroom Annual Rent: 0 Unit SqFt: 1494 # Units (This Type): 6 Baths Total: 2 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 3 Details

Unit ID: 2 bedroom Annual Rent: 0 Unit SqFt: 1494 # Units (This Type): 6 Baths Total: 2 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 4 Details

Unit ID: 3 Bedroom Annual Rent: 0 Unit SqFt: 1750 # Units (This Type): 6 Baths Total: 3 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 5 Details

Unit ID: 3 Bedroom Annual Rent: 0 Unit SqFt: 1750 # Units (This Type): 6 Baths Total: 3 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 6 Details

Unit ID: 3 Bedroom Annual Rent: 0 Unit SqFt: 1750 # Units (This Type): 6 Baths Total: 3 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 7 Details

Unit ID: Penthouse Annual Rent: 0 Unit SqFt: 3125 # Units (This Type): 1 Baths Total: 5 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Unit 8 Details

Unit ID: Penthouse Annual Rent: 0 Unit SqFt: 2788 # Units (This Type): 1 Baths Total: 5 Furnished: Unfurnished Unit Remarks: Luxury Finishes

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Building Features

Interior Corridors: 1 Lounge: 1 Pool: 1

Ceiling Type

Drywall: 1 Height Varies: 1 Insulated: 1

Location

City: 1

Sale Includes

Building & Land: 1

Contract Information

Current Price: $13,500,000 Original List Price: 13500000 List Price: $13,500,000 Status: Active Listing Contract Date: 2025-02-26 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 327 Street Name: Wilson Street Suffix: Avenue County: Brevard State: FL Postal Code: 32931 MLS Area Major: 272 - Cocoa Beach Subdivision Name: Avon By The Sea

Status Change Information

Major Change Timestamp: 2025-02-26T16:09:31Z Major Change Type: New Listing Status Change Timestamp: 2025-02-26

Property Features

Association Amenities: Barbecue; Maintenance Structure; Management - Developer; Security Building Features: Interior Corridors; Lounge; Pool Ceiling Type: Drywall; Height Varies; Insulated Construction Materials: Block; Concrete Cooling: Ceiling Fan(s) Current Use: Commercial; Investment; Mixed Use Flooring: Tile Heating: Central Lot Features: Cleared Parking Features: Additional Parking; Assigned; Secured Possession: Close Of Escrow Road Frontage Type: City Street; County Road Roof: Composition; Concrete Sale Includes: Building & Land Sewer: Private Sewer Showing Requirements: Call Listing Agent Water Source: Public
Listing Office: One Sotheby's International
Last Updated: April - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.

Scroll to Top