Titusville Multifamily Investment
955 KNOX MCRAE Dr Titusville, FL 32780
For Sale
$2,399,000
20-unit apartment complex in growing Titusville, Florida.
Lot Size0.91 Acres
Days on Market139
Property Features for 955 KNOX MCRAE Dr
General Information
Standard status
Active
Lot size
0.91 Acres
Property subtype
Investment
Building Details
Year Built
1969
Listing Agency:
Lawhun Enterprises, LLC
(407) 907-0350
Listed By:
Tito Urbano Perez · License #3470017
(407) 907-0350
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 27 at 10:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lawhun Enterprises, LLC
Investment Insights
Based on property information with market context.
Coquina Court Apartments is a 20-unit multifamily community located in Titusville, Florida, featuring a single concrete block building constructed in 1969. The property offers a mix of 12 two-bedroom/one-bath units and 8 one-bedroom/one-bath units. Recent ownership improvements include $30,000 in roof work. Tenants are responsible for their electric usage, while the owner covers water expenses. 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.
Key Highlights
- Strong economic growth in Titusville driven by the aerospace industry, creating high demand for housing.
- 20‑unit multifamily property with a mix of 12 two‑bedroom/one‑bath and 8 one‑bedroom/one‑bath units.
- Tenants pay their own electric, simplifying the utility structure.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 20-unit apartment complex in growing Titusville, Florida.
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 $2,399,000.
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 property with a mix of 12 two‑bedroom/one‑bath and 8 one‑bedroom/one‑bath units.; Tenants pay their own electric, simplifying the utility structure.
