1485- 1514 Furnari Street, Cocoa, FL 32922
Local realty services provided by:CENTURY 21 Circle
1485- 1514 Furnari Street,Cocoa, FL 32922
$2,850,000
- 0.26 Acres
- Lots / Land
- Active
Listed by: paul bryan
Office: bryan's r.e.& int'l consulting
MLS#:1068727
Source:FL_SPACE
Price summary
- Price:$2,850,000
About this home
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.
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Home facts
- Listing ID #:1068727
- Added:89 day(s) ago
Rooms and interior
- Kitchen Description:appl_
Structure and exterior
- Lot area:0.26 Acres
Schools
- High school:Cocoa
- Middle school:Cocoa
- Elementary school:Cambridge
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$2,850,000
- Tax amount:$187 (2023)
Features and amenities
- Laundry features:appl_
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