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$585,000

  • For Sale
  • Active
  • Triplex
  • 9 Beds
  • 4,130 Sq. Ft.
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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.

Full Property Details for 1523 Furnari St

General

  • Price: $585,000
  • Taxes: $5,428 (2023)
  • Status: Active
  • Type: Triplex
  • Source: BrevardCounty
  • MLS ID: 1058282
  • Updated: 10/6/2025
  • Added to Site: 112 day(s) ago

Interior

  • Appliances: Electric Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Laminate, Other

Rooms

Bedrooms

  • Total Bedrooms: 9

Parking

  • Total Spaces: 9
  • Parking Features: Additional Parking, On Street, Parking Lot

Location

  • Area: 212 - Cocoa - West of US 1
  • County: Brevard
  • Subdivision: Royal Subd
  • Driving Directions: From I925 & 520 Turn right onto FL-520 E/W King St Turn left onto Clearlake Rd Turn right onto Furnari St
  • Direction Faces: North

School Information

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Electricity Connected, Water Available, Separate Electric Meters, Separate Water Meters

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick, Other
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 4,130
  • Living Area: 4,130 Sq. Ft.
  • Current Bldg. Use: Multi-Family, Residential, Retail
  • Year Built: 2006

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,117
  • Lot Dimensions: .37
  • Frontage: Private Road, Other
  • Street/Road Desc.: Asphalt, Dirt, Paved

Financial Considerations

  • Price Per Sq. Ft.: $141.65
  • Tax Amount: $5,428.13
  • Tax Year: 2023
  • Terms: Cash, Conventional
  • Owner Pays: Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Pest Control, Repairs, Telephone, Water

Disclosures and Reports

  • Special Conditions: Corporate Owned
  • Property ID: 24-36-20-60-00000.0-0002.00

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

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— 1523 Furnari St —

  • Bryan's R.E.& Int'l Consulting

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1523 Furnari St

School District:Brevard County School District
NameGradesDistance
Cambridge Elementary Magnet School
2000 Cambridge Drive, Cocoa, FL 32922
PK-60.4 mi
Cocoa High School
2000 Tiger Trail, Cocoa, FL 32926
7-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1523 Furnari St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/29/2025
Listed
$585,000
584900%
MLS
9/17/2019
Sold
$100
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1523 Furnari St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,649
-31%
$302,400
—
2024
$5,270
4%
$302,400
4%
2023
$5,073
16%
$289,800
29%
2021
$4,392
-7%
$225,010
-22%
2022
$4,729
8%
$289,170
31%
2021
$4,392
5%
$220,600
—
2019
$4,166
2%
$220,600
5%
2018
$4,092
1%
$210,000
5%
2017
$4,045
3%
$200,000
8%
2016
$3,940
—
$185,000
4%
2015
$3,930
3%
$178,000
6%
2014
$3,807
1%
$168,000
3%
2013
$3,768
—
$163,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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

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1523 Furnari Street, Cocoa, FL 32922 (MLS# 1058282) is a Triplex property with 9 bedrooms and 0 full bathrooms. 1523 Furnari Street is currently listed for $585,000 and was received on September 29, 2025. Want to learn more about 1523 Furnari Street? Do you have questions about finding other Triplex real estate for sale in Cocoa? You can browse all Cocoa real estate or contact a Coldwell Banker agent to request more information.

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