Estimated payment $3,554/month
Total Views
10,477
9
Beds
--
Bath
4,130
Sq Ft
$142
Price per Sq Ft
Highlights
- No HOA
- North Facing Home
- 1-Story Property
- Central Heating and Cooling System
- Carpet
About This Home
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 $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
Home Type
- Multi-Family
Est. Annual Taxes
- $5,428
Year Built
- Built in 2006
Lot Details
- 0.37 Acre Lot
- Property fronts a private road
- Dirt Road
- North Facing Home
Home Design
- Triplex
- Brick Exterior Construction
- Shingle Roof
- Asphalt
Interior Spaces
- 9 Bedrooms
- 4,130 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Carpet
- Laminate
Parking
- 9 Parking Spaces
- Additional Parking
- On-Street Parking
- Parking Lot
Schools
- Cambridge Elementary School
- Cocoa Middle School
- Cocoa High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Separate Water Meter
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
- Royal Subd Subdivision
- The community has rules related to allowing corporate owners
Listing and Financial Details
- The owner pays for taxes, trash collection
- Assessor Parcel Number 24-36-20-60-00000.0-0002.00
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 | $5,270 | $302,400 | -- | -- |
| 2024 | $5,073 | $302,400 | -- | -- |
| 2023 | $5,073 | $289,800 | $0 | $0 |
| 2022 | $4,729 | $289,170 | $0 | $0 |
| 2021 | $4,392 | $225,010 | $9,500 | $215,510 |
| 2020 | $4,244 | $220,600 | $9,980 | $210,620 |
| 2019 | $4,166 | $220,600 | $9,980 | $210,620 |
| 2018 | $4,092 | $210,000 | $0 | $210,000 |
| 2015 | $3,930 | $178,000 | $9,500 | $168,500 |
| 2014 | $3,807 | $168,000 | $9,500 | $158,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $585,000 | -- | $142 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $12,000 | -- |
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: 1058282
APN: 24-36-20-60-00000.0-0002.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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