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$824,990 Just Listed
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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: $824,990
- Taxes: $2,438 (2022)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1072158
- Updated: 3/17/2026
- Added to Site: 2 day(s) ago
Location
- Area: 272 - Cocoa Beach
- County: Brevard
- 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.
School Information
- Elementary School: Roosevelt
- Middle School: Cocoa Beach
- High School: Cocoa Beach
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Commercial, Mixed Use, Multi-Family, Office, Retail, Single Family
Lot Features
- Property View: Other
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: City Street
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Cleared
Financial Considerations
- Tax Amount: $2,438.26
- Tax Year: 2022
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 25-37-11-Dc-00101.0-0003.00
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 ATTOM Data Solutions 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
3/17/2026
Listed
$824,990
-5.5%
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# 1072158) is a Vacant Land property with a lot size of 0.19 acres. 118 N Atlantic Avenue is currently listed for $824,990 and was received on March 17, 2026. Want to learn more about 118 N Atlantic Avenue? Do you have questions about finding other Vacant Land 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.

