Living in Florida's Space Coast
Watermark
Watermark is the newest subdivision on this stretch of US 1 north of Cocoa. Every house is a 2025 or 2026 build, four bedrooms, 1,900 to 2,560 square feet, concrete block and stucco, on lots of about an eighth of an acre. Quarryside Drive holds most of the addresses. The association carries a pool, a cabana and a playground for $900 a year.
Watermark In Cocoa, Florida
Watermark of Cocoa is about as new as a Brevard neighborhood gets. You turn west off US 1 onto Watermark Drive, and Quarryside Drive, Rockaway Lane and Poller Way run behind it. Every single house is a 2025 or 2026 completion. There is no resale history to study, no thirty year old roof to inspect and no deferred maintenance anywhere on the plat. What you are buying is a first ownership of a production home in a community that is still filling in.
Two builders have worked here. Landsea Homes, which became Risewell Homes in December 2025 after merging with New Home Co., built the homes in Phases 1 and 2, including the two story Cape plan with nine foot four inch first floor ceilings. Stanley Martin Homes has also opened at Watermark on Watermark Drive with a smaller plan lineup running from about 1,426 to 2,313 square feet. Confirm which builder and which plan you are standing in, because the warranty and the finish package differ.
The homes are consistent: four bedrooms in every one, two to three baths, two car garages, concrete block and stucco with some fiber cement accents, shingle roofs. Sizes run 1,900 to 2,560 square feet with about 2,182 typical. A little more than half are two story. Prices have run $332,990 to $424,990 with the middle around $386,000, which works out near $177 per square foot, the lowest per foot number of any new community in the Cocoa area right now.
Watermark of Cocoa Community Association, Inc. was registered with the state in 2023 and is professionally managed off site. Read the fee carefully, because it is quoted two ways. Some homes show $225 per quarter and others show $75 per month. Those are the same $900 a year. The assessment carries the community pool with its shaded cabana, the playground, the sidewalks, the street lights and grounds maintenance in common areas.
The honest tradeoffs. Lots are small at roughly 0.11 to 0.14 acre, so a pool and a screen enclosure are a tight fit and none of the homes here came with one. Four sites face conservation or pond, and those are the ones worth waiting for if you want a back yard view. Marketing time has run about 33 days. And as with any new community, the first tax bill reflects a vacant lot, so build your monthly payment around the fully assessed number instead.
Watermark At A Glance
What a new house at Watermark actually comes with.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | West side of US 1 north of Cocoa, Cocoa 32927 |
| Streets | Quarryside Drive, Watermark Drive, Rockaway Lane, Poller Way |
| Built | 2025 to 2026, all new construction |
| Builders | Landsea Homes, now Risewell Homes, and Stanley Martin Homes |
| Plat | Watermark Phase 1 and 2 |
| Home size | 1,900 to 2,560 square feet, about 2,182 typical |
| Bedrooms | 4 in every home, with 2 to 3 baths |
| Lot size | About 0.11 to 0.14 acre |
| Construction | Concrete block and stucco with fiber cement accents, shingle roofs |
| Levels | Majority two story, some single story |
| Association | Watermark of Cocoa Community Association, Inc., $900 a year, quoted as $225 quarterly or $75 monthly |
| Association amenities | Community pool with cabana, playground, sidewalks, street lights, grounds maintenance |
| Utilities | Public water and public sewer |
| Garage | 2 spaces |
| Days on market | Around 33 typical |
| Price range | $332,990 to $424,990, around $177 per square foot |
Watermark Details
Everything Is First Ownership
There is no prior owner, no prior roof and no prior air handler. Every home on the plat was completed in 2025 or 2026. Inspections here are about builder workmanship, not age.
Two Builders, One Community
Landsea Homes, now Risewell Homes, delivered Phases 1 and 2. Stanley Martin Homes has also opened here. Plan lineups, ceiling heights and included features are not identical, so compare them directly.
The Same Fee, Quoted Two Ways
Some homes are advertised at $225 a quarter and others at $75 a month. Both come to $900 a year for Watermark of Cocoa Community Association, Inc. Do not assume one is cheaper than the other.
Lowest Price Per Foot Nearby
At roughly $177 per square foot, Watermark is the least expensive new construction per foot in the Cocoa market. Four bedrooms under $400,000 is genuinely hard to find on the Space Coast.
Four Bedrooms In Every Plan
Every home here is a four bedroom. If you need a fourth room for an office or guests, you are not hunting for the rare plan, you are choosing among them.
Small Lots, Conservation Exceptions
Homesites run about an eighth of an acre, which is tight for a pool cage. A handful back to conservation or pond and carry a real view. Those sites are worth the wait if the back yard matters.
Homes For Sale In Watermark
Current homes for sale at Watermark on Quarryside Drive, Watermark Drive and Rockaway Lane in Cocoa 32927 are listed below. Availability turns over quickly here because builder releases and quick move-in homes come and go by the month.
Watermark Frequently Asked Questions
Where is Watermark in Cocoa?
On the west side of US 1 north of Cocoa, in ZIP 32927. From Interstate 95 you take State Road 528 east to US 1, head north, and turn left on Watermark Drive. Port St John is a few minutes further north on the same corridor.
Who is building at Watermark?
Landsea Homes, which became Risewell Homes in December 2025 after merging with New Home Co., built Phases 1 and 2. Stanley Martin Homes has also opened a section at Watermark on Watermark Drive.
What are the association dues?
$900 a year to Watermark of Cocoa Community Association, Inc., a Florida corporation registered in 2023. You will see it quoted as $225 quarterly on some homes and $75 monthly on others. It is the same amount.
What amenities does Watermark have?
A community pool with a shaded cabana, a playground, sidewalks, street lights and maintained common area grounds. The pool and cabana are the centerpiece.
How big are the houses?
1,900 to 2,560 square feet with about 2,182 typical. Every home has four bedrooms, two to three baths and a two car garage. A little over half are two story.
Do any homes have pools?
Not as built. Lots are roughly an eighth of an acre, so adding a pool and screen enclosure is possible on some sites but tight on most. Check setbacks and easements on the specific homesite before you plan one.
Are homes here on septic?
No. Every home is on public water and public sewer, which is one of the practical advantages of a newly platted community over the older acreage around it.
What should I know about property taxes?
The first tax bill on a new house is usually based on the vacant lot and can look very low. Ask for the estimated fully assessed figure and build your monthly payment around that number instead.
Watermark Drive off US 1, Cocoa 32927
US 1 runs the length of the mainland along the Indian River, and Watermark sits on its west side north of Cocoa in the 32927 ZIP. The State Road 528 interchange with US 1 is a short run south, which is the fastest way east to Merritt Island and Port Canaveral and west toward Orlando. Port St John, its own community with a Cocoa mailing address, begins a few minutes north up the same road.
Figure roughly ten minutes south on US 1 to Cocoa Village, about fifteen minutes to the Kennedy Space Center visitor complex area by way of State Road 528 and 405, twenty to twenty five minutes to Cocoa Beach, and around fifty minutes to Orlando using 528. Interstate 95 is reachable either south at 528 or north at Port St John Parkway depending on which direction you are heading.
Near Watermark In Merritt Island
Considering Watermark?
Whether you are buying in Watermark or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.
