$4,999,000
Cocoa Beach, FL 32931
MLS# 1066376
6 baths
1 / 47
Property Description
Rare Cocoa Beach riverfront commercial opportunity on SR-520, the main gateway into Cocoa Beach. Listing price includes TWO parcels: Parcel ID 24-37-34-CI-46-11 and Parcel ID 24-37-34-CI-46-12.75, totaling 1.54 acres w/ approx. 500' of Indian River frontage. Property features an existing retail building, operating restaurant, and marina with 30 boat slips (3 w/ lifts), water/electric towers, and pump-out hatches throughout. The 0.49-acre riverfront parcel currently used as parking offers future redevelopment potential (possible multifamily/condo—buyer to verify). Includes liquor license (conveys w/ building) and existing inventory. Multiple income streams: commercial leases, restaurant, marina, and redevelopment upside. City beautification planned for SR-520 entrance + 221-unit mixed-use development planned across the street. Exceptional visibility, waterfront access, and long-term appreciation potential. Zoning is GW (Gateway) in the City of Cocoa Beach; Future Land Use Redevelopment
Details
Maps
Location, Tax, and Legal
Tax Account: 2439430
Parcel Number: 24-37-34-Ci-00046.0-0011.00
General County Location: Central
Tax Annual Amount: 24707.9
Tax Year: 2025
Tax Legal Description: COCOA OCEAN BEACH SUBD LOT 11 & PART OF LOT 12 AS DESC IN ORB 2992 PG 3651 BLK 46 PAR CI-46-12.08
Additional Parcels YN: Yes
Additional Parcels Description: The Riverfront parking lot on the west side of the marina
Zoning Description: Commercial
Directions: Take SR-520 (Cocoa Beach Causeway) east toward Cocoa Beach. Property is located on the right, just after the bridge.
General Property Information
Number Of Units Total: 0
Stories Total: 2
Building Area Total: 5454
Building Area Source: Public Records
Lot Size Acres: 1.05
Building Name: Island Time Marina
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Banana River
Water Frontage Feet: 500
List Price/SqFt: 916.57
Bathrooms Total: 6
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Rare Cocoa Beach riverfront commercial opportunity on SR-520, the main gateway into Cocoa Beach. Listing price includes TWO parcels: Parcel ID 24-37-34-CI-46-11 and Parcel ID 24-37-34-CI-46-12.75, totaling 1.54 acres w/ approx. 500' of Indian River frontage. Property features an existing retail building, operating restaurant, and marina with 30 boat slips (3 w/ lifts), water/electric towers, and pump-out hatches throughout. The 0.49-acre riverfront parcel currently used as parking offers future redevelopment potential (possible multifamily/condo—buyer to verify). Includes liquor license (conveys w/ building) and existing inventory. Multiple income streams: commercial leases, restaurant, marina, and redevelopment upside. City beautification planned for SR-520 entrance + 221-unit mixed-use development planned across the street. Exceptional visibility, waterfront access, and long-term appreciation potential. Zoning is GW (Gateway) in the City of Cocoa Beach; Future Land Use Redevelopment
Construction Materials
Concrete: 1
Frame: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Separate Meters: 1
Current Use
Commercial: 1
Marina: 1
Retail: 1
Fencing
Back Yard: 1
Chain Link: 1
Wood: 1
Flooring
Concrete: 1
Vinyl: 1
Wood: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Sprinklers In Rear: 1
Parking Features
Additional Parking: 1
On Street: 1
Parking Lot: 1
Possession
Close Of Escrow: 1
Roof
Metal: 1
Mixed: 1
Security Features
Closed Circuit Camera(s): 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Waterfront Features
River Access: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
# Loading Docks: 30
% Air Conditioned or Heated: 6
Fenced: 1
Kitchen Facilities: 1
Loading Dock: 1
Lobby: 1
Outside Storage: 1
Private Restroom: 1
Public Restroom: 1
Rear Access: 1
Restaurant: 1
Separate Office Area: 1
Ceiling Type
Exposed: 1
Existing Lease Type
Gross: 1
Location
City: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $4,999,000
Original List Price: 4999000
List Price: $4,999,000
Status: Active
Listing Contract Date: 2026-01-13
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 412
Street Direction Prefix: W
Street Name: Cocoa Beach
Street Suffix: Causeway
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Ocean Beach Subd
Status Change Information
Major Change Timestamp: 2026-01-13T22:56:20Z
Major Change Type: New Listing
Status Change Timestamp: 2026-01-13
Property Features
Building Features: Fenced; Kitchen Facilities; Loading Dock; Lobby; Outside Storage; Private Restroom; Public Restroom; Rear Access; Restaurant; Separate Office Area
Ceiling Type: Exposed
Construction Materials: Concrete; Frame
Cooling: Ceiling Fan(s); Central Air; Electric; Separate Meters
Current Use: Commercial; Marina; Retail
Existing Lease Type: Gross
Fencing: Back Yard; Chain Link; Wood
Flooring: Concrete; Vinyl; Wood
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional
Lot Features: Dead End Street; Sprinklers In Rear
Parking Features: Additional Parking; On Street; Parking Lot
Possession: Close Of Escrow
Roof: Metal; Mixed
Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: Closed Circuit Camera(s); Fire Sprinkler System; Smoke Detector(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Standard
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Waterfront Features: River Access; River Front
Listing Office: Keller Williams Space Coast
Last Updated: January - 13 - 2026
Information is deemed to be reliable, but is not guaranteed.