Rare 1+ acre DIRECT riverfront opportunity in South Cocoa Beach. Perfectly positioned between the Atlantic Ocean and the Banana River, this exceptional parcel offers approximately 150 feet of waterfront and flexible residential zoning. Ideal for a luxury waterfront estate, a multi-home development, or a residential project of up to 15 units. The south portion of the property includes three active short-term rental structures with potential to renovate, expand rental income, or repurpose as storage or hobby spaces. The north portion remains a vacant, build-ready lot, offering endless development options. Surrounded by premier riverfront homes, this tranquil setting delivers privacy while remaining close to dining, shopping, and major airports. Enjoy quiet, wide beaches and serene river living with direct access to the Intracoastal Waterway and ocean beyond. A truly unique South Cocoa Beach offering with exceptional investment and lifestyle potential.