955 KNOX MCRAE DRIVE, Titusville, FL 32780
Multi-Family 5+ - TITUSVILLE, FL
- Added:
- Aug 28, 2025
- Days on Market:
- 294
- Last Refresh:
- Jun 17 at 7:06 am
Property Features for 955 KNOX MCRAE DRIVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 32
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Ninguno
- Exterior features
- Balcony, Courtyard
- Standard status
- Active
- APN
- 22 3522-00-254
- Size
- 15,488 SF
- Lot size
- 0.91 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 27617.57
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
Listing agent Tito Urbano Perez License #3470017 (407) 907-0350
Listing office FLORIDA REALTY INVESTMENTS 3451 Technological Ave #11, Orlando, FL (407) 207-2220
Listing date Aug 28, 2025
Copyright © 2026 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.
HighLights
- Located in Titusville, “Space City, USA,” experiencing significant economic growth.
- Mix of 12 two‑bedroom/one‑bath and 8 one‑bedroom/one‑bath units provides diverse tenant appeal.
- Tenants pay their own electric, simplifying utility structure.
- Recent $30,000 roof work investment.
- Concrete block construction.
- Features balconies and a courtyard.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.7k | $19.80 |
| − Vacancy | −$18.4k | −$1.19 |
| EGI | $288.3k | $18.61 |
| − OpEx | −$129.7k | −$8.38 |
| NOI | $158.5k | $10.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8129669
- Latitude
- 28.5650424
