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    955 Knox Mcrae Dr Titusville, FL 32780

    Sponsored
    For Sale
    Pending
    $2,500,000

    Multi Family - TITUSVILLE, FL

    Property size:
    15,488 SF
    Lot size:
    0.91 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 955 Knox Mcrae Dr

    General Information

    Property type
    Residential Multi Family
    Standard status
    Pending
    Zoning
    R3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    32
    APN
    22 3522-00-254
    Interior features
    Ninguno
    Exterior features
    Balcony, Courtyard
    Size
    15,488 SF
    Lot size
    0.91 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Number of units
    20
    Building materials
    Concrete
    Architectural style
    Other

    Lawhun Enterprises, LLC (407) 207-2220 [email protected]

    Listing agent Tito Urbano Perez (407) 207-2220 License #3470017

    Listing date Dec 29, 2025

    MLS# TB8422362 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Titusville Multifamily Investment Opportunity

    Coquina Court Apartments is a 20-unit multifamily community located in Titusville, Florida. Constructed in 1969, the property consists of a single concrete block building. The unit mix includes 12 two-bedroom/one-bath units and 8 one-bedroom/one-bath units. Recent ownership improvements include $30,000 in roof work. The property is situated on a 0.91-acre lot. The building has a total area of 15488 square feet. Tenants are responsible for their electric bills, while the owner covers water expenses, simplifying the utility management for investors. Titusville, located in Brevard County, is known as “Space City, USA” due to its strong ties to the aerospace industry. The city is experiencing significant economic growth, with a new aerospace company bringing 1,347 jobs over the next four years, plus an estimated 900 additional jobs in spinoff or related work for former space shuttle program employees. This expansion represents nearly $96 million in payroll and an economic impact of approximately $48 million, fueling continued demand for housing in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.81296694
    Latitude
    28.56504235

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    FAQs

    What type of property is this?
    Apartment building - 20-unit apartment complex in Titusville, Florida, near "Space City."
    Where is this apartment building located?
    The property is located at 955 Knox Mcrae Dr Titusville, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Strong economic growth in Titusville driven by the aerospace industry, creating high demand for housing.; - 20-unit multifamily community with a mix of 2-bedroom/1-bath and 1-bedroom/1-bath units.; - Tenants pay their own electric, offering a simplified utility structure.
    (407) 907-0350
    Request Owner's contact information
    955 Knox Mcrae Dr Titusville, FL 32780
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    Titusville, FL 32780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    955 Knox Mcrae Dr Titusville, FL 32780
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