Triplex With Separate
For Sale
$450,000
415 S Robbins Ave #C/b/a, Titusville, FL 32796
Three individually accessed units include updated kitchens, central air, and a studio layout.
Property Size1,888 SF
Price / SF$238.35
Days on Market65
Property Features for 415 S Robbins Ave #C/b/a
General Information
Standard status
Active
Size
1,888 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA, 1 x studio
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Amenities
laundry room
Building Details
Year Built
1956
Listing Agency:
Lpt Realty, LLC
Listed By:
Lynnette Hendricks · License #651304
(321) 877-4800
Source:
Floridaeastcoastrealestate
Added: Aug 12
Changed: Oct 15
Last Checked: Oct 14 at 10:31PM
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 Lpt Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,888-square-foot triplex contains three separately accessed units with a varied configuration: a three-bedroom residence, a two-bedroom residence, and a studio. The two larger units feature open living areas, tiled flooring, central air, updated kitchens with stainless steel appliances, and interior laundry hookups. The studio includes an updated bathroom and tiled floors. A newer roof was installed in 2025, and the property is served by city water and sewer.
Located in Titusville, the property provides access to nearby riverfront parks, beaches, fishing, restaurants, shopping, and the Kennedy Space Center. Orlando attractions and airports are also identified as accessible from the property, with major roadways nearby.
Located in Titusville, the property provides access to nearby riverfront parks, beaches, fishing, restaurants, shopping, and the Kennedy Space Center. Orlando attractions and airports are also identified as accessible from the property, with major roadways nearby.
Key Highlights
- Triplex totaling 1,888 SF with 3BR/1BA, 2BR/1BA, and studio units
- Separate entry for each unit
- Newer roof installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,501
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,020
$430.0K
Cap Rate 7%
$307,157
$307.2K
Cap Rate 9%
$238,900
$238.9K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$32.9K $17.40/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$30.7K $16.27/SF
− OpEx
−$9.2K −$4.88/SF
NOI
$21.5K $11.39/SF
Area
Brevard County, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,020
Cap Rate 7%
$307,157
Cap Rate 9%
$238,900
Alternative Uses
Best Use
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,501 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,327 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$498.1K
$435.9K – $581.1K
NOI $34,868 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 32796, FL
20,818
Population
9,670
Households
2.2
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
14.4 sq mi
ZIP Area
1,446
Density / Sq Mi
$67,399
Median Household Income
$40,368
Median Earnings
$1,305
Median Rent
$243,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three individually accessed units include updated kitchens, central air, and a studio layout.
Where is this triplex located?
The property is located at 415 S Robbins Ave #C/b/a Titusville, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex totaling 1,888 SF with 3BR/1BA, 2BR/1BA, and studio units; Separate entry for each unit; Newer roof installed in 2025
