Two-Unit Duplex with Metal
508 BOOKER ST, Titusville, FL 32780
For Sale
$299,990
Both sides are occupied, each with two bedrooms and one bathroom.
Property Size1,410 SF
Price / SF$212.76
Days on Market230
Property Features for 508 BOOKER ST
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
LA ROSA REALTY CW PROPERTIES L
Listed By:
Ricardo Adames · License #3392384
(407) 910-2168
Source:
Eluxerealty
Added: Mar 25
Changed: Nov 7
Last Checked: Nov 8 at 6:02PM
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 LA ROSA REALTY CW PROPERTIES L
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Investment Insights
Based on property information with market context.
This duplex at 508 Booker St in Titusville contains two separate residences, each arranged with two bedrooms and one bathroom. The property totals 1,410 square feet and was built in 1965, with a metal roof serving both units.
Both residences are currently occupied. The two-unit configuration provides distinct living spaces within one property.
Both residences are currently occupied. The two-unit configuration provides distinct living spaces within one property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,410 square feet across the duplex
- Metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,058
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,160
$321.2K
Cap Rate 7%
$229,400
$229.4K
Cap Rate 9%
$178,422
$178.4K
Market Conditions
NOI Build-Up for 1,410 SF
Gross rent
$24.5K $17.40/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$22.9K $16.27/SF
− OpEx
−$6.9K −$4.88/SF
NOI
$16.1K $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%
$321,160
Cap Rate 7%
$229,400
Cap Rate 9%
$178,422
Alternative Uses
Best Use
Multifamily LT 5
$229.4K
$200.7K – $267.6K
NOI $16,058 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$206.2K
$180.4K – $240.6K
NOI $14,434 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$372.0K
$325.5K – $434.0K
NOI $26,040 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
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
$250,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brevard County, FL
Properties on Market for Duplexes in Brevard County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both sides are occupied, each with two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 508 BOOKER ST Titusville, FL.
What is the asking price?
The asking price for this property is $299,990.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,410 square feet across the duplex; Metal roof
