$600,000
NEW CONSTRUCTION

1515 Furnari St Cocoa, FL 32922

Estimated payment $3,195/month

Total Views 6
6 Beds
-- Bath
1,425 Sq Ft
$421 Price per Sq Ft

Highlights

  • New Construction
  • Tile Flooring
  • 1 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • North Facing Home

About This Home

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.

Listing Agent

Paul Bryan

Bryan's R.E.& Int'l Consulting License #3259840 Listed on: 09/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $167

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Dirt Road
  • North Facing Home

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • On-Street Parking

Home Design

  • Duplex
  • Home is estimated to be completed on 9/28/25
  • Shingle Roof
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 6 Bedrooms
  • 1,425 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Schools

  • Cambridge Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Royal Subd Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 24-36-20-60-00000.0-0003.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$167

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 2025
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Asphalt, Dirt, Paved
  • ResoSpecialListingConditions: Corporate Owned, Standard
  • Subdivision Name: Royal Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 24-36-20-60-00000.0-0003.00
  • Location Tax and Legal Elementary School: Cambridge
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 166.65
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1425.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information New Construction YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 2.0
  • Road Surface Type Dirt: Yes
  • Utilities Separate Electric Meters: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Stories2: 1
  • General Property Information Estimated Completion Date: 2025-09-28
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN2: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Acres: 0.26
  • Pool Private: No
  • Construction Type: Concrete, Other
  • Direction Faces: North
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, On Street, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Other26: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Other, Separate Electric Meters
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-20-60-00000.0-0003.00

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Pest Control, Telephone

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 166.65

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Cambridge
  • High School: Cocoa

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $30,000 -- --
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 Change Sq Ft Price
09/29/2025 09/29/25 For Sale $600,000 0.0% $421 / Sq Ft
09/29/2025 09/29/25 For Rent $2,500 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed $8,000 --
Source: Public Records

About the Listing Agent

Paul Bryan

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

(321) 456-9506

Section Image

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

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

MLS Number: 1058284

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-20-60-00000.0-0003.00