Estimated payment $1,565/month
Total Views
22,484
0.26
Acre
$1,133,846
Price per Acre
11,326
Sq Ft Lot
About This Lot
Prime vacant residential land, fully zoned and platted for multi-family development. This ready-to-build property offers an excellent opportunity for investors or developers to create new housing in a growing area. With zoning already in place, the groundwork is set for a smooth development process, making this an ideal site for multi-unit residences. The Vacant land 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 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, 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. The building and developing plans are included with the purchase of this package.
Property Details
Property Type
- Land
Est. Annual Taxes
- $167
Lot Details
- 0.26 Acre Lot
- The property's road front is unimproved
- Dirt Road
- Cul-De-Sac
- Cleared Lot
- Site Plan Filed
- Zoning described as Multi Family
Home Design
- Proposed Property
- Asphalt
Schools
- Cambridge Elementary School
- Cocoa Middle School
- Cocoa High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Royal Subd Subdivision
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Assessor Parcel Number 24-36-20-60-00000.0-0009.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $169 | $15,000 | -- | -- |
| 2024 | $167 | $15,000 | -- | -- |
| 2023 | $167 | $15,000 | $0 | $0 |
| 2022 | $152 | $15,000 | $0 | $0 |
| 2021 | $125 | $9,500 | $9,500 | $0 |
| 2020 | $128 | $9,500 | $9,500 | $0 |
| 2019 | $132 | $9,500 | $9,500 | $0 |
| 2018 | $136 | $9,500 | $9,500 | $0 |
| 2017 | $142 | $9,500 | $9,500 | $0 |
| 2016 | $149 | $9,500 | $9,500 | $0 |
| 2015 | $155 | $9,500 | $9,500 | $0 |
| 2014 | $157 | $9,500 | $9,500 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $294,800 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $6,600 | Glow Title & Escrow |
Source: Public Records
About the Listing Agent
Meet Paul Bryan — Your Trusted Real Estate Expert in Brevard County, FL
As the owner-operator of Bryan's Real Estate & International Consulting, I bring over 20 years of trusted experience to the Brevard County real estate market. Whether you're buying your first home, investing in property, or ready to sell, I offer professional, responsive, and attentive service every step of the way.
I take pride in holding my clients in the highest regard—your goals are my priority. I’ve guided
Paul's Other Listings
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1058291
APN: 24-36-20-60-00000.0-0009.00
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