1514- 1514 Furnari Street, Cocoa, FL 32922

Local realty services provided by:Better Homes and Gardens Real Estate Star
1514- 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:1 day(s) ago

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)
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