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$899,999
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Property Description
This property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.
Full Property Details
Full Property Details for 118 N Atlantic Ave
General
- Price: $899,999
- Taxes: $3,023 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: V4946852
- Updated: 1/28/2026
- Added to Site: 25 day(s) ago
Location
- Area: 32931 - Cocoa Beach
- County: Brevard
- Development Name: 32931 - Cocoa Beach
- Subdivision: COCOA BEACH, 2ND ADDN TO
- Driving Directions: Cocoa Beach Causeway (Hwy 520). South on A1A. Left turn on Minutemen Causeway (Downtown Cocoa Beach). Left turn on Atlantic Avenue. Property on left side, across from the beach.
Community
- Community Name: 32931 - Cocoa Beach
Heating & Cooling
- Cooling Type: None
Structural Information
- Exterior Const.: Other
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,023.31
- Tax Year: 2025
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: COCOA BEACH, 2ND ADDN TO E 140 FT OF LOT 3 BLK 101
- Flood Zone Info: X
- APN: 2517515
- Property ID: 2517515
- Block/Lot/Section: 101
Listed by Better Homes & Gardens Re Star
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Schools
Schools serving 118 N Atlantic Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Theodore Roosevelt Elementary School 1400 Minutemen Causeway, Cocoa Beach, FL 32931 | K-6 | 1.1 mi |
Cocoa Beach Junior/Senior High School 1500 Minutemen Causeway, Cocoa Beach, FL 32931 | 7-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Atlantic Ave
Date
Details
Price
Change
Source
1/28/2026
Listed
$899,999
3.09%
MLS
7/08/2024
Sold
$873,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 N Atlantic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,023
24%
$190,000
26%
2024
$2,438
-1%
$151,200
—
2023
$2,473
4%
$151,200
—
2022
$2,385
39%
$151,200
44%
2021
$1,712
-77%
$105,000
-72%
2018
$7,522
327%
$376,660
259%
2019
$1,762
-77%
$105,000
-72%
2017
$7,694
88%
$375,000
125%
2016
$4,094
7%
$167,000
10%
2015
$3,837
2%
$152,000
5%
2014
$3,746
1%
$145,000
4%
2013
$3,717
—
$140,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 N Atlantic Ave
118 N Atlantic Avenue, Cocoa Beach, FL 32931 (MLS# V4946852) is a Commercial property. 118 N Atlantic Avenue is currently listed for $899,999 and was received on January 28, 2026. Want to learn more about 118 N Atlantic Avenue? Do you have questions about finding other Commercial real estate for sale in Cocoa Beach? You can browse all Cocoa Beach real estate or contact a Coldwell Banker agent to request more information.

