SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) January 27, 2005

                                    COZUMEL CORPORATION

             (Exact name of registrant as specified in its charter)


                                    Delaware

                 (State or other jurisdiction of incorporation)


          0-27835                                                   33-0619262
(Commission File Number)                     (IRS Employer Identification No.)


 24351 Pasto Road, Suite B, Dana Point, California                  92629
(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:  (949) 489-2400



<PAGE>







Item 2.01.    Completion of Acquisition or Disposition of Assets.

          On January 27, 2005 the Registrant's newly formed subsidiary,  Cozumel
Yacht  Brokers,  Inc.,  purchased a 74' motor yacht  located in Florida from two
unaffiliated individuals for a purchase price of $160,000, paid in cash. Cozumel
Yacht Brokers,  Inc. is engaged in the business of brokering  yachts for resale.
The vessel will be refitted and marketed  for sale later in calendar  2005.  The
estimated cost of the refit is $150,000.

                                   SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated:  February 18, 2005

                                                       COZUMEL CORPORATION



                                                       By: /s/ Jehu Hand
                                                            Jehu Hand
                                          President and Chief Financial Officer
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{"company-data": {"conformed-name": "COZUMEL CORP", "cik": "0001092793", "assigned-sic": "9995", "irs-number": "330619262", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27835", "film-number": "05627340"}, "business-address": {"street1": "24351 PASTO RD", "street2": "STE B", "city": "DANA POINT", "state": "CA", "zip": "92629", "phone": "9494892400"}, "mail-address": {"street1": "24351 PASTO RD", "street2": "STE B", "city": "DANA POINT", "state": "CA", "zip": "92629"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 27, 2005

                                    COZUMEL CORPORATION

             (Exact name of registrant as specified in its charter)

                                    Delaware

                 (State or other jurisdiction of incorporation)

          0-27835                                                   33-0619262
(Commission File Number)                     (IRS Employer Identification No.)

 24351 Pasto Road, Suite B, Dana Point, California                  92629
(Address of principal executive offices)                           (Zip Code)

Registrant's telephone number, including area code:  (949) 489-2400
Item 2.01.    Completion of Acquisition or Disposition of Assets.

          On January 27, 2005 the Registrant's newly formed subsidiary,  Cozumel
Yacht  Brokers,  Inc.,  purchased a 74' motor yacht  located in Florida from two
unaffiliated individuals for a purchase price of $160,000, paid in cash. Cozumel
Yacht Brokers,  Inc. is engaged in the business of brokering  yachts for resale.
The vessel will be refitted and marketed  for sale later in calendar  2005.  The
estimated cost of the refit is $150,000.

                                   SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated:  February 18, 2005

                                                       COZUMEL CORPORATION

                                                       By: /s/ Jehu Hand
                                                            Jehu Hand
                                          President and Chief Financial Officer