21 MAIN St, Titusville, FL 32796
Renovated two-building historic quadplex with remodeled apartments, handicap access, and month-to-month tenants in place.
- Added:
- Jun 14, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 16 at 3:03 am
Property Features for 21 MAIN St
General Information
- Standard status
- Active
- Size
- 13,776 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1924
Listing agent Mark Allen (407) 737-9797
Listing office (407) 737-9797
Listing date Jun 14, 2026
Source Elliman
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 Mark Allen
HighLights
- Historic 2‑building property built in 1924 in the heart of Titusville
- Renovated throughout, including lighting, electrical, roof, flooring, interior/exterior painting, and brick painted/sealed
- Each building has 2 fully remodeled upstairs apartments; month‑to‑month tenants in place
- Handicap accessible from the back; 6 AC units
- Windows replaced in 2020; tented for termites
- 21 Main Street totals 13,776 SF (9,816 SF 1st floor + 3,960 SF 2nd floor) and 25 Main Street totals 2,694 SF
Overview
The site includes 21 Main Street and 25 Main Street in Titusville, Florida. 21 Main Street is described as having a total of 13,776 square feet, with 9,816 square feet on the first floor and 3,960 square feet on the second floor. 25 Main Street is listed at 2,694 square feet. The property is presented as one-of-a-kind in the heart of Titusville.
For buyers and operators seeking a maintained, apartment-focused income property, this asset offers turnkey residential units with tenant occupancy on month-to-month terms. With renovations completed and multiple AC units already in place, it may suit an owner looking to acquire a historic building that has been modernized while preserving a multi-unit configuration.
Local Financial Insights For Multifamily LT 5
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 | $239.7k | $17.40 |
| − Vacancy | −$15.6k | −$1.13 |
| EGI | $224.1k | $16.27 |
| − OpEx | −$67.2k | −$4.88 |
| NOI | $156.9k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.806723
- Latitude
- 28.6123533
