Tax Account: 2416850
Parcel Number: 24-36-20-60-00000.0-0005.00
General County Location: Central
Elementary School: Cambridge
Middle School: Cocoa
High School: Cocoa
Tax Annual Amount: 187.45
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
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
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 Name: Supreme Title Closings LLC.
Closing Company Address: 490 Centre Lake Dr NE Suite 100B Palm Bay FL 32907
Cash: 1
Conventional: 1
Other: 1
Cleared: 1
Cul-De-Sac: 1
Other: 1
Asphalt: 1
Dirt: 1
Paved: 1
Corporate Owned: 1
Standard: 1
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Other: 1
Proposed: 1
Rough Grade: 1
Site Plan Filed: 1
Other: 1
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
Street Number: 1465
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
Major Change Timestamp: 2025-09-28T23:05:59Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-28
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