1464 Furnari Street, Cocoa, FL 32922

$294,800
Property Type: Land Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $294,800 List Date: 9/29/2025 Last Modified: 10/09/2025

Description

Prime vacant residential land, fully zoned and platted for multi-family development. This ready-to-build property offers an excellent opportunity for investors or developers to create new housing in a growing area. With zoning already in place, the groundwork is set for a smooth development process, making this an ideal site for multi-unit residences. The Vacant land is part of a larger package deal, with the seller offering all properties for $4,500,000. Currently, one tri-plex is generating $2,200 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,

Supplements: 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. The building and developing plans are included with the purchase of this package.

More Information MLS# 1058293

Location, Tax, and Legal

Tax Account: 2416856 Parcel Number: 24-36-20-60-00000.0-0011.00 General County Location: Central Elementary School: Cambridge Middle School: Cocoa High School: Cocoa Tax Annual Amount: 166.65 Tax Year: 2023 Zoning Description: Multi Family Directions: From I925 & 520 Turn right onto FL-520 E/W King St Turn left onto Clearlake Rd Turn right onto Furnari St

General Property Information

Lot Size Acres: 0.26 Lot Size Square Feet: 11326 Association YN: No Waterfront YN: No Land Lease YN: No Senior Community YN: No CDD Fee YN: No List Price/Acre: 1133846.15

Currently Not Used

Pool Private YN: No

Remarks and Miscellaneous

Public Remarks: Prime vacant residential land, fully zoned and platted for multi-family development. This ready-to-build property offers an excellent opportunity for investors or developers to create new housing in a growing area. With zoning already in place, the groundwork is set for a smooth development process, making this an ideal site for multi-unit residences. The Vacant land is part of a larger package deal, with the seller offering all properties for $4,500,000. Currently, one tri-plex is generating $2,200 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,

Closing Company Details

Closing Company Name: Supreme Title Closings LLC. Closing Company Address: 490 Centre Lake Dr NE Suite 100B Palm Bay FL 32907

Current Use

Unimproved: 1 Other: 1

Listing Terms

Cash: 1 Conventional: 1 Other: 1

Lot Features

Cleared: 1 Cul-De-Sac: 1 Other: 1

Possession

Close Of Escrow: 1

Road Frontage Type

Unimproved: 1 Other: 1

Road Surface Type

Asphalt: 1 Dirt: 1 Paved: 1

Sewer

Unknown: 1

Special Listing Conditions

Corporate Owned: 1 Standard: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1 Other: 1

Water Source

Public: 1 Other: 1

Development Status

Proposed: 1 Rough Grade: 1 Site Plan Filed: 1 Other: 1

Showing Requirements

Other: 1

Contract Information

Current Price: $294,800 Original List Price: 294800 List Price: $294,800 Status: Active Listing Contract Date: 2025-09-29 Property Sub Type: Unimproved Land

Location Tax and Legal

Street Number: 1464 Street Name: Furnari Street Suffix: Street County: Brevard State: FL Postal Code: 32922 MLS Area Major: 212 - Cocoa - West of US 1 Subdivision Name: Royal Subd

Status Change Information

Major Change Timestamp: 2025-09-28T23:14:20Z Major Change Type: New Listing Status Change Timestamp: 2025-09-28

Property Features

Current Use: Unimproved; Other Development Status: Proposed; Rough Grade; Site Plan Filed; Other Listing Terms: Cash; Conventional; Other Lot Features: Cleared; Cul-De-Sac; Other Possession: Close Of Escrow Road Frontage Type: Unimproved; Other Road Surface Type: Asphalt; Dirt; Paved Sewer: Unknown Showing Requirements: Other Special Listing Conditions: Corporate Owned; Standard Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Other Water Source: Public; Other
Listing Office: Bryan's R.E.& Int'l Consulting
Last Updated: October - 09 - 2025
Information is deemed to be reliable, but is not guaranteed.

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