1485- 1514 Furnari Street, Cocoa, FL 32922

$2,850,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,850,000
MLS#
1068727
Status
ACTIVE
Type
Land
County
Brevard
City
Cocoa
Area
Cocoa
Subdivision
Royal Subd
Total Square Feet
11,326
Acres
0.26
Days on Market
173

Property Description

All 10 lots are zoned for multi-family use (R-2 / 250), and the north side of Furnari Street has already been filled and prepped for development. With septic, a new owner can build 28 units, and with sewer, the potential increases to 46 units. The road is county-owned and scheduled to be paved, representing an added value of approximately $750,000. Waterlines are already in place, and key permits from DOT, Cocoa City, and the county have been secured. This is a unique investment opportunity in a rapidly growing area. The total sales include ten lots that are prepared and ready for multi-family development. The building and development plans are included with the purchase of this package.

Additional Information

Tax Year
2023
Tax Amount
$187
Location Description
Cleared, Cul-De-Sac, Other
Utilities
Cable Available, Electricity Available, Other, Sewer Available, Water Available
Elementary School
Cambridge
Middle School
Cocoa
High School
Cocoa

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bryan's R.E.& Int'l Consulting.