New Construction Projects in Sharpes, Florida

Project 1: Watermark

• Developer: Stanley Martin Homes (associated with Risewell Homes in some listings)
• Location: 378 Watermark Dr, Cocoa, FL 32927 (Sharpes neighborhood/area)
• Type: Single-family residential
• Units/Size: Approximately 282 planned single-family homes; floor plans range from about 1,426 to 2,313+ sq ft (3-4 bedrooms, various layouts)
• Status: Under Construction
• Expected Completion: Ongoing (homes available or completing in 2025–2026+)
• Description: New single-family home community featuring open-concept floor plans, community amenities including a pool, cabana, and playground. Located in the Sharpes/ZIP 32927 area with convenient access to SR 528, I-95, Port Canaveral, beaches, and Orlando. New homes are actively being built and sold in the community.[1]

Limited public information is available on additional large-scale announced or upcoming projects specifically within Sharpes proper. Scattered individual new single-family homes (e.g., recent 2026 builds) appear in local listings, and there has been at least one rezoning proposal for denser housing (up to ~86 homes on a 14-acre site near Turtle Mound Rd) that faced local opposition but lacks confirmed approval or construction status as of the latest data. No other major residential, mixed-use, or commercial new construction projects meeting the criteria were identified in verifiable sources.