Comp Sale YN: No
Current Price: $585,000
Original List Price: 585000
List Price: $585,000
Status: Active
Listing Contract Date: 2025-09-29
Property Sub Type: Triplex
Tax Account: 2416847
Parcel Number: 24-36-20-60-00000.0-0002.00
General County Location: Central
Elementary School: Cambridge
Middle School: Cocoa
High School: Cocoa
Tax Annual Amount: 5428.13
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
Number Of Buildings: 1
Number Of Units Total: 3
Stories Total: 1
Bathrooms Half: 0
Living Area: 4130
Living Area Source: Public Records
Lot Size Acres: 0.37
Lot Size Dimensions: .37
Lot Size Square Feet: 16117
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Parking Total: 9
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Direction Faces: North
Pool Private YN: No
List Price/SqFt: 141.65
Bedrooms Total: 9
Year Built: 2006
Public Remarks: This tri-plex, built in 2006, offers a total base area of 4,130 square feet, averaging approximately 1,376 square feet per unit. Each of the three units features three bedrooms and two bathrooms. The property is currently generating $2,200 per month in rental income. Two of the units are occupied by long-term tenants, one of whom has lived there for 14 years and the other for 3 years, providing a stable rental history. The Tri-plex is part of a larger package deal, with the seller offering all properties for $4,500,000. Currently, one tri-plex is generating $4,400 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
Electric Range: 1
Refrigerator: 1
Central Air: 1
Electric: 1
Multi-Family: 1
Residential: 1
Retail: 1
Carpet: 1
Laminate: 1
Other: 1
Additional Parking: 1
On Street: 1
Parking Lot: 1
Taxes: 1
Trash Collection: 1
Asphalt: 1
Dirt: 1
Paved: 1
Cable TV: 1
Electricity: 1
Pest Control: 1
Repairs: 1
Telephone: 1
Water: 1
Unit ID: 1523
Actual Rent: 2200
Unit SqFt: 1376
Beds Total: 3
Furnished: Unfurnished
Unit Remarks: Occupied
Unit ID: 1525
Actual Rent: 0
Unit SqFt: 1376
Beds Total: 3
Furnished: Unfurnished
Unit Remarks: Un- Occupied
Unit ID: 1527
Actual Rent: 2200
Unit SqFt: 1376
Beds Total: 3
Furnished: Unfurnished
Unit Remarks: Occupied
Cable Available: 1
Electricity Available: 1
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Water Available: 1
Street Number: 1523
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: 2025-09-28T22:21:51Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-28
Appliances: Electric Range; Refrigerator
Construction Materials: Brick; Other
Cooling: Central Air; Electric
Current Use: Multi-Family; Residential; Retail
Flooring: Carpet; Laminate; Other
Heating: Central; Electric
Listing Terms: Cash; Conventional
Owner Pays: Taxes; Trash Collection
Parking Features: Additional Parking; On Street; Parking Lot
Possession: Close Of Escrow
Road Frontage Type: Private Road; Other
Road Surface Type: Asphalt; Dirt; Paved
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Corporate Owned
Tenant Pays: Cable TV; Electricity; Pest Control; Repairs; Telephone; Water
Utilities: Cable Available; Electricity Available; Electricity Connected; Separate Electric Meters; Separate Water Meters; Water Available
Water Source: Public