USAFLCocoaRoyal Subd1523 Furnari St
Front facing house | Image 1
Link Copied
$585,000

1523 Furnari St, Cocoa, FL

Real Estate

For Sale

$--,---,---
909
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4130 sqft
Garage No
Taxes $5,428
Days Active 0
Lot Size 
Approx. Age 2006
Avg. Price Per Sqft $141
MLS® Number 1058282

Property Address: 

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

Description

This tri-plex, built in 2006, offers a total base area of 4, 130 square feet, averaging approximately 1, 376 square feet per unit. Each of the three units features three bedrooms and two bathrooms. The property is currently generating $2, 200 per month in rental income. Two of the units are occupied by long-term tenants, one of whom has lived there for 14 years and the other for 3 years, providing a stable rental history. The Tri-plex is part of a larger package deal, with the seller offering all properties for $4, 500, 000. Currently, one tri-plex is generating $4, 400 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.Show Description
MLS® Number1058282
Laundry Level
Central VacNo
FireplaceNo
Acreage0.37
Exterior
GarageNo
Approx. Age2006
Basement
DrivewayAdditional Parking, On Street, Parking Lot
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESSeXp RevenoseXp CommercialeXp Luxury
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesHelpSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

© 2024 eXp Realty. eXp World Holdings, Inc. All Rights Reserved.

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards – Designated Managing Broker, Broker Operations – TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker

eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01828532 | Justin DeCesare – Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas – Designated Broker

© 2025 eXp Realty. eXp World Holdings, Inc. All Rights Reserved