Price: $585,000
1523 Furnari StreetCocoa, FL 32922
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4,130
Square Foot
N/A
Bedrooms
0.00
Full Baths
N/A
½ Baths
No
Pool
No
Waterfront
2006
Year Built
Property Description:
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
Exterior Features
N/A
Interior Features:
N/A
Equipment / Appliances:
N/A
Utilities:
N/A
Property Details
Street Name:
County:
Brevard
Listing Status:
Active
Tax Year:
2023
Pool:
No
Private Pool:
No
Waterfront:
No
Zip Code:
Subdivision:
Royal Subd
Tax Amount:
$5,428
HOA Dues:
$0.00
1523 Furnari Street Cocoa, FL 32922
This listing is courtesy of Bryan's R.E.& Int'l Consulting.
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