About This Home
This 0.18-acre lot offers an individual buildable homesite in the Delespine On Indian River neighborhood of Cocoa, Florida. The property is land with no bedrooms or bathrooms and is zoned GU-1, providing an opportunity to build a home on the site. The lot is offered at $45,000 for cash.
Owner financing is also available at a purchase price of $50,000, with $12,000 down and a $38,000 first mortgage at an 8% interest rate. The financing terms include a seven-year amortization period and monthly principal-and-interest payments of $592.28. Located at 520 Arabella Lane, this homesite offers a defined parcel for future construction within Cocoa. Buyers can review the zoning, site suitability, and financing terms as part of their purchase considerations.
Key Features
- 0.18 acre lot
Individual buildable homesite for $45,000 cash or owner financing is available at $50,000. Terms are: 12k down, $38k first mortgage at 8% interest rate, 7 year amortization period, and monthly PI payments of $592.28. Don't miss the opportunity to build on this lot. Zoned GU-1
Location
520 Arabella Lane
Cocoa, FL 32927
Delespine On Indian River
Questions & Answers
This 0-bedroom, 0-bathroom land at 520 Arabella Lane is listed at $45,000. The estimated monthly payment is $241 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.18 acre lot.
This property is listed by John Addington and can be reached at 4482200585.
