Cocoa, FL 32922,000 Furnari ST
Cocoa, FL 32922,000 Furnari ST
Cocoa, FL 32922,000 Furnari ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
24
Jan
Sun
25
Jan
Mon
26
Jan
Sue Borrelli

Sue Borrelli

+1(321) 265-9901
$4,500,000
Est. payment /mo
10 Baths
6,980 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,980 sqft

Price per Sqft $644

Subdivision Royal Subd

MLS Listing ID 1058389

HOA Y/N No

Total Fin. Sqft 6980

Year Built 2006

Annual Tax Amount $320

Tax Year 2023

Lot Size 0.570 Acres

Acres 0.57

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Prime vacant residential land, fully zoned and platted for multi-family development. This ready-to-build property offers an excellent opportunity for investors or developers to create new housing in a growing area. With zoning already in place, the groundwork is set for a smooth development process, making this an ideal site for multi-unit residences. The Vacant land is part of a larger package deal, with the seller offering all properties for $4,500,000. Currently, one tri-plex is generating $2,200 per month in rental income, while the duplex is listed at $2,500 per month per unit. 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, and the photos truly speak for themselves. The total sale includes one tri-plex, one duplex, and ten lots that are prepped and ready for multi-family development. The building and developing plans are included with the purchase of this package.

Location

State FL

County Brevard

Area 212 - Cocoa - West Of Us 1

Direction From I925 & 520 Turn right onto FL-520 E/W King St Turn left onto Clearlake Rd Turn right onto Furnari St

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking, Garage, On Street, Parking Lot

Utilities Available Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected, Separate Electric Meters, Separate Water Meters

Roof Type Shingle

Present Use Multi-Family,Residential,Unimproved

Garage No

Building

Lot Description Cleared, Cul-De-Sac, Wooded

Sewer Septic Tank, Unknown

Water Public, Other

Others

Senior Community No

Tax ID 24-36-20-60-00000.0-0008.00

Special Listing Condition Corporate Owned

ParcelsYN Yes

Virtual Tour https://www.propertypanorama.com/instaview/spc/1058389

Read Less Info
Space Coast Association of Realtors (Brevard MLS)
Listed by Bryan's R.E.& Int'l Consulting

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 15
  • 5

    Saturn Elementary School

    Public | KG - 6

  • 4

    Golfview Elementary School

    Public | PK - 6

  • 4

    Cambridge Elementary School

    Public | KG - 6

  • 1

    Endeavour Elementary School

    Public | KG - 6

  • 0

    Trinity Lutheran Church & School

    Private | PK - 8

  • 0

    Hatcher Academy

    Private | KG - 11

  • 0

    Learning Achievement Academy

    Private | KG - 5

  • 0

    Emma Jewel Charter Academy

    Public | KG - 8

  • 0

    St Mark's Episcopal Academy

    Private | PK - 6

  • 0

    Creative Learning

    Private | 2 - 12

  • 0

    Atlantic Inclusive Academy

    Private | 1 - 12

  • 0

    Rfm Christian Academy Coco2

    Private | KG - 12

  • 0

    Brevard Adventist Christian Academy

    Private | PK - 8

  • 0

    Space Coast Christian Academy

    Private | PK - 11

  • 0

    Christian Heritage Academy

    Private | 1 - 12

Middle Schools 2
  • 6

    Ronald McNair Middle School

    Public | 7 - 8

  • 3

    Cocoa High School

    Public | 7 - 12

High Schools 2
  • 4

    Rockledge High School

    Public | 9 - 12

  • 0

    Florida Learning Academy Private School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sue Borrelli

Sue Borrelli

+1(321) 265-9901

Broker | License ID: BK3308750

Broker License ID: BK3308750

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of We Say Sold Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

};