Watermark
Homes for Sale in Cocoa, FL
All 271 homes for sale in Cocoa, FL · median $309,500 · 98 homes for sale in 32927 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Watermark Phase 1 And 2 in Cocoa, FL has 1 home for sale. Homes listed or recently sold were built 2025–2026 with 14 new construction; 14 of 14 report an HOA (median $75/mo); 2 of the 14 geocoded homes sit in a FEMA special flood hazard zone (median elevation 32 ft).

Price in Watermark Phase 1 And 2 tracks close to condition and size more than any premium the community itself commands. The median sits at $375,000, with a median of about $181 per square foot, and with no shared amenities identified in current MLS listings, what you pay reflects the house and lot rather than a resort-style package baked into the dues.
The market posture here is balanced and orderly. A median of just over 30 days on market across a window of 44 closings tells me homes are moving at a reasonable clip without the frenzy that forces snap decisions. Sellers who price to the comps and present well are getting done; buyers have room to inspect, negotiate, and walk if the numbers do not hold.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Watermark right now
🔴 Seller-leaning market. 0.4 months of supply and 50% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of November 8, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Watermark Phase 1 And 2 is a residential pocket in Cocoa, Brevard County, where pricing is driven by the individual home rather than community extras. Deal velocity is steady, giving both sides a workable, unhurried market.
Space Coast MLS sales records identify 39 homes in Watermark that have changed hands since 2025, built between 2025 and 2026 (median 2025), with a median living area of about 2,160 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 7 qualified sales in Watermark across 2024–2025 (2 in 2024, 5 in 2025), median $355,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Watermark. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Space Coast MLS listings in Watermark; content deemed reliable but not guaranteed.
Who Watermark is best for.
Best for
- Buyers targeting the mid-$375,000 range who want their dollars in the structure rather than amenity dues
- Buyers comfortable evaluating a home on its own condition and square footage
- Sellers with an updated, well-presented home ready to price to the comps and move in about a month
Probably not for
- Buyers set on resort-style amenities like a clubhouse or community pool
- Buyers needing a fast, guaranteed flip rather than a considered purchase
- Sellers expecting a premium above the comps without the condition to back it
The market around Watermark
Watermark is too small for its own price trend, so here is the market around it.
In ZIP 32927, 133 homes are on the market and 28% are under contract — a steady corner of Cocoa.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
In ZIP 32927 (Cocoa), 119 homes closed in the last 12 months at a median of $319K ($211/sq ft), with a median 29 days on market. Right now 52 active and 21 pending listings put supply at about 5.2 months — a balanced market. See the live ZIP 32927 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Watermark specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Watermark
Live MLS inventory for Watermark. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Watermark listings as of 2026-11-12, priced high to low. Based on information from the Space Coast MLS for the period 2026 through 2026. Tap any home to ask about it.
Watermark on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Fairglen · Elementary
- Cocoa · Middle
- Cocoa · High
Zoned schools reflect the assignments reported on recent Watermark listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Watermark address.
Shop the zone: Homes zoned for Cocoa High School
The Watermark buying strategy.
If we were buying in Watermark today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Watermark.
A condition-driven market with steady turnover
With no community amenities surfacing in the current listings, value comes down to the fundamentals: square footage, updates, and lot. The median near $181 per square foot is a useful anchor, but expect a genuine spread around it depending on how a given home shows. A renovated interior will justify a number above the median; a house that needs work should be priced honestly below it.
The absorption picture, 44 closings with a median of roughly 30 days on market, points to consistent demand rather than a bidding war. That is a market where a well-prepared listing sells promptly and a buyer who has financing in order can act without being steamrolled.
The location and the amenities are priced into every listing in Watermark. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Because this is a condition-driven market with no amenity story to lean on, pricing and presentation decide the outcome. We read the comps line by line, position your home against them honestly, and help buyers separate a fair price from an optimistic one in a market moving at just over 30 days.
Watermark in 15 seconds.
Tools for a Watermark buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Watermark sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Watermark, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Watermark home worth?
Get a no-obligation home value based on real comparable sales in Watermark, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cocoa →
Recently off market in Watermark Phase 1 And 2
Homes in Watermark Phase 1 And 2 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 4896 Quarryside Drive · off market
| Location | Cocoa, Brevard County, FL · ZIP 32927 |
|---|---|
| Homes in the community | 2 (FL DOR 2025 assessment roll) |
| Years built | 2024–2024 (median 2024.0) |
| Typical living area | 2,370 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Playground, Curbs, Clubhouse, Jogging Path, Maintenance Grounds, Other |
| For sale right now | 1 active, 1 pending · median asking $355,900 · 0.4 months of supply |
| Owner-occupied (homestead) share | 0% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Watermark key facts,” movewithmomentum.com/neighborhoods/watermark-phase-1-and-2, data as of November 8, 2026.
Every Home for Sale in Watermark Phase 1 And 2 Right Now (2)
All 2 active and pending Watermark Phase 1 And 2 listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4884 Caldwell Court · $355,900 · 4 bd / 2.5 ba · listed Aug 13, 2026 · listed by Property Marketers LLC
- 518 Watermark Drive · $369,900 · 4 bd / 3 ba · pending · listed Aug 13, 2026 · listed by Brevard County Realty LLC
Recently sold in Watermark Phase 1 And 2
- 4896 Quarryside Drive · sold $380,000
- 703 Rockaway Lane · sold $327,500
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Cocoa home searches
- All homes for sale in Cocoa, FL
- Homes for sale in Brevard County, FL
- Cocoa pool homes for sale
- Homes under $300K in Cocoa
- Cocoa home values: what is my house worth?
- ZIP 32927 housing scorecard
Cocoa guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Cocoa? Join Momentum in Cocoa: 100% commission, one $12K cap.
What it really costs to own in Watermark
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $382/yr across 12 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | Median $75/month across 13 MLS listings (most billed monthly; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2026 across 12 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Watermark
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Watermark
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Watermark will answer, and the answer is published on this page for the next buyer.
26% of homes for sale in ZIP 32927 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-12).
Frequently Asked Questions
Is Watermark a buyer's or seller's market right now?
How many homes are in Watermark?
What share of Watermark is owner-occupied?
When were the homes in Watermark built?
Who is the best real estate agent for Watermark?
How do I find a top Cocoa real estate agent who knows Watermark?
Can Momentum Realty connect me with an agent for Watermark?
Where is Watermark, and what county is it in?
Should you buy in Watermark?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32927)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (2 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Watermark Phase 1 And 2 fits the bigger picture — live prices, inventory, and Momentum Scores:







