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Elizabeth Keossy

lizsells321@gmail.com +1(201) 884-0938

$ 2,850,000

Est. payment | -/mo

0.26 Acres Lot

Save

$ 2,850,000

Est. payment | -/mo

Save

0.26 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Royal Subd

MLS Listing ID 1068727

HOA Y/N No

Annual Tax Amount $187

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

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, Cocoa City, and the county have been secured. This is a unique investment opportunity in a rapidly growing area. The total sales include ten lots that are prepared and ready for multi-family development. The building and development plans are included with the purchase of this package.

Location

State FL

County Brevard

Area 212 - Cocoa - West Of Us 1

Direction From I925 & 520 Turn right onto FL-520 E/W King St Turn left onto Clearlake Rd Turn right onto Furnari St

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available, Other

Present Use Unimproved,Other

Street Surface Asphalt,Dirt,Paved

Road Frontage Unimproved, Other

Garage No

Building

Lot Description Cleared, Cul-De-Sac, Other

Sewer Unknown

Water Public, Other

Schools

Elementary Schools Cambridge

High Schools Cocoa

Others

Senior Community No

Tax ID 24-36-20-60-00000.0-0013.00

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Corporate Owned, Standard

Space Coast Association of Realtors (Brevard MLS)

Listed by Bryan's R.E.& Int'l Consulting

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(201) 884-0938

lizsells321@gmail.com

Melbourne, FL, 32904, USA

Learn More About LPT Realty

1485- 1514 Furnari ST Cocoa, FL 32922