000 Arabella Ln - 000 Arabella Lane 2.07 Acres of Commercial Land Offered at $139,900 in Cocoa, FL 32927

Residential Development Opportunity | ±2.07 Acres | City Water & Sewer
Rare opportunity to acquire a fully upland ±2.07-acre residential development site in the rapidly expanding Cocoa/Port St. John submarket.
The property is currently zoned RU-1-9 and benefits from Residential 8 Future Land Use (RES8 Directive), creating a straightforward entitlement path for increased residential density through rezoning, without requiring a Future Land Use amendment, subject to governmental approval.
Key Investment Highlights:
• ±2.07 acres of fully upland land with no wetlands identified.
• water and sewer available.
• Residential 8 Future Land Use designation.
• Existing RU-1-9 zoning.
• Potential for approximately 9–11 single-family lots under current zoning parameters or up to approximately 16 attached residential units (townhomes/build-to-rent) through rezoning, subject to buyer verification and governmental approvals.
• Minimal infrastructure risk with municipal utilities already available.
• Located within an established residential neighborhood experiencing continued population and household growth.
This offering presents an attractive opportunity for residential developers, build-to-rent operators, homebuilders, or long-term land investors seeking a well-positioned infill development site within one of Brevard County's fastest-growing residential corridors.
Property is owned by the Brevard County School Board. Any purchase agreement and closing are contingent upon School Board approval and completion of all applicable public disposition procedures. Buyers are responsible for independently verifying all zoning, land use, density, utilities, environmental conditions, and development potential prior to closing.