USAFLCocoaRoyal Subd1484 Furnari St
Front facing house | Image 1
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$294,800

1484 Furnari St, Cocoa, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $167
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 1058294

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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 DOTShow Description
MLS® Number1058294
Laundry Level
Central VacNo
FireplaceNo
Acreage0.26
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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