Upgraded Condo in
3755 S HOPKINS AVENUE 6C Titusville, FL 32780
3755 S HOPKINS AVENUE 6C, Titusville, FL, 32780
$179,900
For Sale
$179,900
Beautifully upgraded 2 bed, 1.5 bath condo in Titusville.
Property Size1,000 SF
Lot Size0.06 Acres
Price / SF$179.90
Days on Market748
Property Features for 3755 S HOPKINS AVENUE 6C
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1974
Listing agency
KELLER WILLIAMS ADVANTAGE 2 REALTY
(407) 995-6788
Listed by
Christina Rampersad · License #3336772
(407) 995-6788
Source
Exitrealty
Added: Jul 5, 2024 Updated: Jul 6 at 12:22PM Checked: Jul 22 at 8:06AM
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 KELLER WILLIAMS ADVANTAGE 2 REALTY
Investment Insights
Based on property information with market context.
This 1000 square foot condo features 2 bedrooms and 1.5 bathrooms. Located in Titusville, within the Royal Colony community, the property is near the River Inlet and State Route 50, with convenient access to shopping, dining, and entertainment. It is also a short drive from Kennedy Space Center, Cape Canaveral, and East Coast beaches. The roof was replaced in 2017. The interior includes a fully updated kitchen with porcelain tile backsplash, high-end appliances with an air-fryer microwave, a custom coffee maker nook with pull-down closure, and quartz countertops. The laundry room has a double-stack washer and dryer plus an extra storage closet. The rooms feature Stainmaster luxury vinyl plank flooring and new doors. The primary bedroom includes a built-in custom closet with added storage. The bathrooms feature porcelain tile and a walk-in shower. A spacious sunroom also features porcelain tile. This is a first-floor unit with a pool view. Community amenities include a large pool.
Key Highlights
- $70,000 in custom features and upgrades throughout the condo.
- First floor unit with a pool view.
- Fully updated kitchen featuring porcelain tile backsplash, quartz countertops, and new high‑end appliances with a 7‑year extended warranty.
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 | $19.8k | $19.80 |
| − Vacancy | −$1.2k | −$1.19 |
| EGI | $18.6k | $18.61 |
| − OpEx | −$8.4k | −$8.38 |
| NOI | $10.2k | $10.24 |
1,000 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$146.2K
$128.0K – $170.6K
NOI $10,237 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.8K
$230.9K – $307.8K
NOI $18,468 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Cleaning Council
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Beautifully upgraded 2 bed, 1.5 bath condo in Titusville.
Where is this residential income property located?
The property is located at 3755 S HOPKINS AVENUE 6C Titusville, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: $70,000 in custom features and upgrades throughout the condo.; First floor unit with a pool view.; **Fully updated kitchen featuring porcelain tile backsplash, quartz countertops, and new high‑end appliances with a 7‑year extended warranty.**
