1485- 1514 Furnari Street, Cocoa, FL 32922

$2,850,000

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List Price
$2,850,000
MLS#
1068727
Type
Land
Lot Size
11,326
Subdivision
Royal Subd

Property Description

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.

Additional Information

High School
Cocoa
Middle School
Cocoa
Elementary School
Cambridge
Utilities
Cable Available, Electricity Available, Other, Sewer Available, Water Available

Listing courtesy of Bryan's R.E.& Int'l Consulting.

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