Listing provided courtesy of One Sotheby's InternationalMLS# 1038375MLS Provider
  • 488 days on site
  • 4 views

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.

Source: Brevard Space Coast MLS, MLS#: 1038375

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  • Property Type
    Commercial Sale
  • Lot
    0.56 acres

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  • Median Age
    58
  • Population Density
    692
  • College Educated
    55%
  • Estimated Median Income
    $67,894
  • Estimated Total Home Owners
    5,339
  • Estimated Total Renters
    2,112
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    14,131
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 327 Wilson Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/26/2025Source: Brevard Space Coast MLS Added to Database
February 26, 2025