5700 W King ST, Cocoa, FL 32926
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5700 W King ST, Cocoa, FL 32926
5700 W King ST, Cocoa, FL 32926
5700 W King ST, Cocoa, FL 32926
5700 W King ST, Cocoa, FL 32926
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Katie Lechner

Katie Lechner

+1(321) 626-5068
$ 850,000
Est. payment /mo
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Active

5700 W King ST Cocoa, FL 32926

5 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision E 1/2 N Of State Rd 520

MLS Listing ID 1088920

HOA Y/N No

Annual Tax Amount $1,486

Tax Year 1486

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Multi Family

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

Property Description

The property has undergone full site preparation, including clearing, filling, and compaction. Upon completion, the development will feature infrastructure common to residential subdivisions, such as asphalt-paved streets, curbing, gutters, and underground utilities, all accessible to each lot. The site is zoned for a variety of uses, including multifamily, single-family residential and Mix use. Public utilities, including water, sewer, and electricity, are already in place and ready to service the site.Future land use and rezoning possibilities include C-N, C-R, R-P, P-S, and PUD. The subject site currently consists of 5.00-acre parcel, which is planned to be developed with 40 townhome lots (8.00 DU/AC), which will be approximately 25 to 30 front feet in size. The site has been cleared, filled, and compacted; for the purposes of our analysis, we assume that the lots will be in finished condition (i.e., cleared, leveled, stubbed for utilities, interior roads complete, etc.), as of the prospective 'upon completion' date of this report. The proposed townhomes will reportedly average 2,500 SF, with end-unit base pricing averaging $500,000; the development will provide amenities including a pool, cabana/clubhouse and park

Location

State FL

County Brevard

Area 210 - Cocoa West Of I 95

Direction In front 520, Right side way to Orlando

Interior

Heating None

Cooling None

Inclusions Land Only

Exterior

Exterior Feature ExteriorFeatures

Parking Features Other

Fence Fenced

Utilities Available Cable Available, Electricity Available, Sewer Available

Road Frontage Highway

Garage No

Building

Lot Description Agricultural, Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 24-35-27-00-00508.0-0000.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

ParcelsYN No

Space Coast Association of Realtors (Brevard MLS)
Listed by Keller Williams Rlty Vero Bch
Katie Lechner

Katie Lechner

Agent

+1(321) 626-5068

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5700 W King ST