Comp Sale YN: Yes
Current Price: $600,000
Original List Price: 600000
List Price: $600,000
Status: Active
Listing Contract Date: 2025-09-29
Property Sub Type: Duplex
Tax Account: 2416848
Parcel Number: 24-36-20-60-00000.0-0003.00
General County Location: Central
Elementary School: Cambridge
Middle School: Cocoa
High School: Cocoa
Tax Annual Amount: 166.65
Tax Year: 2023
Directions: From I925 & 520
Turn right onto FL-520 E/W King St
Turn left onto Clearlake Rd
Turn right onto Furnari St
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 1425
Living Area Source: Owner
Lot Size Acres: 0.26
Lot Size Square Feet: 11326
Association YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-09-28
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Open Parking Spaces: 1
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Direction Faces: North
Pool Private YN: No
List Price/SqFt: 421.05
Bedrooms Total: 6
Year Built: 2025
Public Remarks: This newly constructed duplex, built in 2025, offers 1,425 square feet per unit for a total of 2,910 square feet. Featuring three bedrooms, two bathrooms, and a one-car garage in each unit, the property has never been lived in and comes complete with a refrigerator and stove. Opportunities like this are rare in the area. The duplex 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 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
Electric Range: 1
Refrigerator: 1
Central Air: 1
Electric: 1
Multi-Family: 1
Residential: 1
Garage: 1
On Street: 1
Other: 1
Asphalt: 1
Dirt: 1
Paved: 1
Corporate Owned: 1
Standard: 1
Cable TV: 1
Electricity: 1
Pest Control: 1
Telephone: 1
Unit ID: 1518
Actual Rent: 0
Unit SqFt: 1425
Beds Total: 3
Furnished: Unfurnished
Unit Remarks: Un Occupied
Unit ID: 1517
Actual Rent: 0
Unit SqFt: 1425
Beds Total: 3
Furnished: Unfurnished
Unit Remarks: Un Occupied
Electricity Connected: 1
Separate Electric Meters: 1
Other: 1
Street Number: 1515
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: 2025-09-28T22:45:49Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-28
Appliances: Electric Range; Refrigerator
Construction Materials: Concrete; Other
Cooling: Central Air; Electric
Current Use: Multi-Family; Residential
Exterior Features: Other
Flooring: Tile
Heating: Central; Electric
Levels: One
Listing Terms: Cash; Conventional
Parking Features: Garage; On Street; Other
Possession: Close Of Escrow
Road Surface Type: Asphalt; Dirt; Paved
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Corporate Owned; Standard
Tenant Pays: Cable TV; Electricity; Pest Control; Telephone
Utilities: Electricity Connected; Separate Electric Meters; Other
Water Source: Public