See all 16 photos

$600,000

Est. payment - /mo

6 Beds

1,425 SqFt

New

1515 Furnari ST Cocoa, FL 32922

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Carey Murray

carey@321home.com +1(561) 287-2791

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,425 sqft

Price per Sqft $421

Subdivision Royal Subd

MLS Listing ID 1058284

Bedrooms 6

HOA Y/N No

Total Fin. Sqft 1425

Year Built 2025

Annual Tax Amount $166

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Duplex

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

Property 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 and the 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.

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

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Unfurnished

Appliance Electric Range, Refrigerator

Exterior

Exterior Feature Other

Parking Features Garage, On Street, Other

Garage Spaces 1.0

Utilities Available Electricity Connected, Other, Separate Electric Meters

Roof Type Shingle

Present Use Multi-Family,Residential

Street Surface Asphalt,Dirt,Paved

Garage Yes

Private Pool No

Building

Faces North

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

New Construction Yes

Schools

Elementary Schools Cambridge

High Schools Cocoa

Others

Senior Community No

Tax ID 24-36-20-60-00000.0-0003.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Owned, Standard

Virtual Tour https://www.propertypanorama.com/instaview/spc/1058284

Space Coast Association of Realtors (Brevard MLS)

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

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Carey Murray

Broker Associate | License ID: BK488352

+1(561) 287-2791

1515 Furnari ST Cocoa, FL 32922

Carey Murray

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1515 Furnari ST