1515 Furnari Street, Cocoa, FL 32922

$600,000
Property Type: Residential Income Bedrooms: 6 Square Footage: 1,425 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $600,000 List Date: 9/29/2025 Last Modified: 10/06/2025

Description

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

Supplements: 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# 1058284

Contract Information

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

Location, Tax, and Legal

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

General Property Information

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

Remarks and Miscellaneous

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

Appliances

Electric Range: 1 Refrigerator: 1

Construction Materials

Concrete: 1 Other: 1

Cooling

Central Air: 1 Electric: 1

Current Use

Multi-Family: 1 Residential: 1

DPR Eligible

DPR Eligible: Yes

Exterior Features

Other: 1

Flooring

Tile: 1

Heating

Central: 1 Electric: 1

Levels

One: 1

Listing Terms

Cash: 1 Conventional: 1

Parking Features

Garage: 1 On Street: 1 Other: 1

Possession

Close Of Escrow: 1

Road Surface Type

Asphalt: 1 Dirt: 1 Paved: 1

Roof

Shingle: 1

Sewer

Septic Tank: 1

Special Listing Conditions

Corporate Owned: 1 Standard: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Pest Control: 1 Telephone: 1

Unit 1 Details

Unit ID: 1518 Actual Rent: 0 Unit SqFt: 1425 Beds Total: 3 Furnished: Unfurnished Unit Remarks: Un Occupied

Unit 2 Details

Unit ID: 1517 Actual Rent: 0 Unit SqFt: 1425 Beds Total: 3 Furnished: Unfurnished Unit Remarks: Un Occupied

Utilities

Electricity Connected: 1 Separate Electric Meters: 1 Other: 1

Water Source

Public: 1

Location Tax and Legal

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

Status Change Information

Major Change Timestamp: 2025-09-28T22:45:49Z Major Change Type: New Listing Status Change Timestamp: 2025-09-28

Property Features

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
Listing Office: Bryan's R.E.& Int'l Consulting
Last Updated: October - 06 - 2025
Information is deemed to be reliable, but is not guaranteed.

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