1485 Furnari Street, Cocoa, FL 32922

Property Description

Builder and developer opportunity in Cocoa: ten multifamily lots plus the existing duplex at 1515 and 1517 Furnari Street, offered together. The duplex has two 3-bedroom, 2-bath units, each with a one-car garage. Refrigerators and stoves are included. Zoned R-2/250. North-side lots have been filled, all waterlines are in place, and permits involving DOT, the City of Cocoa, and the county have been addressed. Building and development blueprints and a topographic graphic are included with the sale. Seller's development concept projects up to 28 units with septic or 46 units with sewer. Seller reports that the road is county-owned and expected to be paved, and estimates that paving could add approximately $750,000 in value. Paving and added value are not guaranteed. Buyer is to independently verify all claims, including parcel boundaries, zoning, permit status, utilities, road ownership and paving plans, included documents, projected value, and achievable development capacity.