1515 Furnari Street
Cocoa, FL, 32922 $ 600,000
Bedrooms6 Baths0.0 Sq 1,425 Monthly Estimate*
$ 3,743
for $600,000 with 6 bedrooms. This 1,425 square foot home was built in 2025 on a lot size of 0.26.
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 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.
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FeaturesGeneralLiving Area 1425.0
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Other Separate Electric Meters
Possession Close Of Escrow
Roof Shingle
Appliances Electric Range Refrigerator
Garage Spaces 1.0
Construction Materials Concrete Other
Year Built 2025
Tenant Pays Cable TV Electricity Pest Control Telephone
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2023
Current Use Multi-Family Residential
Additional Parcels Description 2416848
County Brevard
New Construction Y
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Royal Subd
Facing Direction North
Garage Y/N Y
Full Baths 0
Status Active
Directions From I925 & 520 Turn right onto FL-520 E/W King St Turn left onto Clearlake Rd Turn right onto Furnari St
High School Cocoa
City Cocoa
Senior Community Y/N N
Number Of Units Total 2
MLS Area 212 - Cocoa - West of US 1
Lot Size Units Acres
Lot Size Square Feet 11326.0
Carport Y/N N
Elementary School Cambridge
Tax Annual Amount 166.65
Home Warranty Y/N N
Middle/Junior High School Cocoa
Lease Renewal Y/N N
MLS Area Minor 212 - Cocoa - West of US 1
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1058284
Standard Status Active
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ExteriorExterior Amenities Other
Parking Features Garage On Street Other
Water Source Public
Lot Size Area 0.26
Number of Buildings 1
Spa N
Lot Size Acres 0.26
Road Surface Type Asphalt Dirt Paved
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorFlooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 6
Entry Level 1
Total Baths 0
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* Excluded FeaturesList ByBryan's R.E.& Int'l ConsultingBroker
paulbryanrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,743
- Monthly Property Taxes
- $14
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Cocoa, FL
Average List Price $537,557
Percent of Sale Price 10%
About Cocoa, FL 18,070 Population
5% Since 2002
$ 35,570 Median Income
39.98 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1362933 Elementary School
1362996 Middle School
Cocoa High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/29/2025 | $600,000 | | Listed Price |