Downtown Cocoa Beach Redevelopment Site | 0.3

Rare opportunity to acquire one of Downtown Cocoa Beach's most prominent remaining redevelopment parcels. Located at 78 S Atlantic Ave, this approx 0.34-acre vacant commercial site offers approximately 100 feet of frontage along Atlantic Ave/ A1A and approximately 150 feet depth on a highly visible corner.

Cocoa Beach welcomes more than 2.5. million day visitors annually. According to the City's adopted F2026 budget, the powerful visitor base is a defining component of the local economy. The broader Brevard County tourism economy generated approximately $2.95 billion in direct visitor spending and an estimated $4.6 billion in total economic impact in 2023. In the related visitor study, approximately 33% of surveyed overnight visitors stayed in the Cocoa Beach-Cape Canaveral area and average visitor spending was approximately $197 per person per day. 27% of cruise passengers stay overnight in a local hotel, generating about 2.3 million Brevard County room nights a year. These regional indicators reinforce the site's exposure to a substantial year-round visitor economy.

The property consists of two platted lots totaling approximately 14,810 SF and is positioned within walking distance of the beach, restaurants, entertainment venues, local shops, public parking and Cocoa Beach's year-round downtown events. Its corner configuration provides multiple street exposures and potential flexibility for future vehicle access, pedestrian connectivity and active commercial frontage.

Conceptual redevelopment studies illustrate the site's potential for street-level retail, restaurant, fitness, professional-service or other commercial space with structured parking above. Alternative concepts evaluate three to four parking levels, subject to final engineering, zoning confirmation, height limitations, setbacks, access requirements and governmental approval.

The property may also support a broader mixed-use vision combining commercial space, structured parking and other compatible downtown uses. Cocoa Beach's Towncenter redevelopment regulations recognize restaurants, retail and service businesses, professional offices, indoor recreation, mixed-use development and certain parking-garage applications, subject to the requirements applicable to the parcel and proposed project.

Few remaining sites offer this combination of Atlantic Avenue visibility, corner exposure, beach proximity, tourism demand and meaningful redevelopment potential in the center of Downtown Cocoa Beach. This property presents a compelling opportunity for developers, private investors, parking operators, restaurant and retail groups, hospitality companies or an owner-user seeking a signature downtown location.

All conceptual plans and renderings are illustrative only. Prospective buyers are responsible for independently verifying zoning, permitted uses, development capacity, setbacks, building height, parking requirements, access, utlilites, drainage, and all governmental approvals.