10-Unit Apartment
For Sale
$1,299,900
2755 BARNA Avenue, Titusville, FL 32780
Residential Income, TITUSVILLE, FL
Property Size10,308 SF
Lot Size0.53 Acres
Price / SF$126.11
Days on Market85
Property Features for 2755 BARNA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R3
Bedrooms
19
Bathrooms
11
Full bathrooms
11
Rooms
Bedroom 5, Bedroom 12, Bathroom 5, Bathroom 7, Bedroom 14, Bedroom 6, Bedroom 4, Bedroom 9, Bedroom 11, Bathroom 11, Bathroom 9, Bedroom 17, Bedroom 13, Bathroom 8, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 3, Bedroom 1, Bedroom 18, Bathroom 2, Bedroom 8, Bedroom 15, Bedroom 16, Bedroom 2, Bedroom 10, Bathroom 3, Bedroom 19, Bathroom 10, Bedroom 7
Subdivision
PART OF NW 1/4 OF NE 1/4 LYING E OF BARNA AVE AS
Directions
US#1 to west on Harrison St. At intersection of Barna Ave and Harrison, turn left onto Barna Ave. Units will be on your left side just behind the plaza
Standard status
Active
APN
22 3516-00-39
Size
10,308 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF NW 1/4 OF NE 1/4 LYING E OF BARNA AVE AS DES IN ORB 2449 PG 2900 EXC ORB 3078 PG 2327 & S 75 FT
Tax Annual Amount
1526
Legal Description
PART OF NW 1/4 OF NE 1/4 LYING E OF BARNA AVE AS DES IN ORB 2449 PG 2900 EXC ORB 3078 PG 2327 & S 75 FT
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Number of units
10
Building materials
Frame
Roof type
Shingle
Listing Agency:
MUTTER REALTY · Real Living
Listed By:
James Mutter · License #3594768
(321) 269-9855
Added: Aug 12
Changed: Oct 25
Last Checked: Nov 4 at 2:06AM
MLS# O6433043
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.
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Investment Insights
Based on property information with market context.
This 10-unit apartment property contains 10,308 square feet on a 0.53-acre site. The unit mix includes four 3-bedroom residences and six 2-bedroom residences, with single-level layouts distributed among ground-level and upstairs units. Open parking serves residents and guests.
Built in 1986, the frame construction includes shingle roofing, central air conditioning, and central electric heating. Public water and public sewer serve the property, and the R3 zoning designation supports its apartment use. The property is located in Titusville near shopping and everyday conveniences.
Built in 1986, the frame construction includes shingle roofing, central air conditioning, and central electric heating. Public water and public sewer serve the property, and the R3 zoning designation supports its apartment use. The property is located in Titusville near shopping and everyday conveniences.
Key Highlights
- 10,308 square feet on a 0.53‑acre site
- Unit mix includes four 3‑bedroom and six 2‑bedroom residences
- Single‑level units include both ground‑level and upstairs layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,519
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,110,380
$2.1M
Cap Rate 7%
$1,507,414
$1.5M
Cap Rate 9%
$1,172,433
$1.2M
Market Conditions
NOI Build-Up for 10,308 SF
Gross rent
$204.1K $19.80/SF
− Vacancy
−$12.2K −$1.19/SF
EGI
$191.9K $18.61/SF
− OpEx
−$86.3K −$8.38/SF
NOI
$105.5K $10.24/SF
Area
Brevard County, FL
Vacancy
6.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,110,380
Cap Rate 7%
$1,507,414
Cap Rate 9%
$1,172,433
Alternative Uses
Best Use
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,519 @ 7.0% cap · market cap 8.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M
NOI $190,368 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
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Business Placement
Demographics for 32780, FL
39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - R3-zoned apartment property with a mix of ground-level and upstairs residences.
Where is this apartment building located?
The property is located at 2755 BARNA Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 10,308 square feet on a 0.53‑acre site; Unit mix includes four 3‑bedroom and six 2‑bedroom residences; Single‑level units include both ground‑level and upstairs layouts
