1485- 1514 Furnari Street, Cocoa, FL 32922

$2,850,000

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List Price
$2,850,000
Days on Market
189
MLS#
1068727
Lot Size
11,326
Acres
0.26
MLS Area Major
Cocoa

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

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

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

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

Courtesy of Bryan's R.E.& Int'l Consulting.

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Calculator source: Real Geeks