21 MAIN STREET, Titusville, FL 32796
Mixed Use - TITUSVILLE, FL
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 21 MAIN STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- CBD
- Standard status
- Active
- APN
- 22 3503-03-D-.04
- Size
- 13,860 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12054.24
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1924
- Building materials
- Block
- Architectural style
- Other
Listing agent Mark Allen License #3246800 (321) 689-8000
Listing office COMMERCIAL REAL ESTATE PROF IN 1600 E Amelia St, Orlando, FL (321) 689-8000
Listing date Jun 11, 2026
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
- Historic 2‑building site in Titusville, built in 1924
- Renovations completed throughout including lighting, electrical, roof, flooring, and interior/exterior painting; brick painted and sealed
- Windows replaced in 2020; buildings were tented for termites
- Each building has 2 fully remodeled apartments upstairs; month‑to‑month tenants in place
- Handicap accessible from the back
- Cooling: central air with 6 AC units (21 Main St totals 13,776 SF; 25 Main St is 2,694 SF)
Overview
The assemblage is located in Titusville within a CBD zoning district. The site includes 21 Main Street and 25 Main Street. At 21 Main Street, the property is described as 9,816 square feet on the first floor and 3,960 square feet on the second floor, for a total of 13,776 square feet. At 25 Main Street, the building is listed as 2,694 square feet. Apartments are described as having month-to-month tenants in place.
For buyers or operators seeking a turn-key, renovated, older building with current residential occupancy, this property offers a straightforward two-building setup with remodeled apartment units and documented major improvement items such as HVAC, electrical, roofing, and window replacement. The handicap-accessible design from the back can also support broader tenant and visitor access needs.
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 | $241.2k | $17.40 |
| − Vacancy | −$15.7k | −$1.13 |
| EGI | $225.5k | $16.27 |
| − OpEx | −$67.6k | −$4.88 |
| NOI | $157.8k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.806727
- Latitude
- 28.612355
