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.
Property Features
Utilities
Cable Available
Electricity Available
Sewer Available
Water Available
Other
Water Features
Public
Other
School Information
School Information for 1485- 1514 Furnari Street, Cocoa, FL 32922