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    Titusville Duplex Investment Opportunity Title is generated by Realmo AI

    514 S GRANNIS AVENUE, Titusville, FL 32796

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    Claim this Listing
    For Sale
    $220,000

    Duplex - TITUSVILLE, FL

    Type:Duplex
    Property size:
    1,298 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $169/SF
    Added:
    Mar 4, 2026
    Days on Market:
    113
    Last Refresh:
    Jun 25 at 9:06 am

    Property Features for 514 S GRANNIS AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    NC
    Parking features
    Carport
    Interior features
    Eat-in Kitchen, Thermostat
    Exterior features
    Corner Lot, Sidewalk
    Standard status
    Active
    APN
    22 3504-01-60-1
    Size
    1,298 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2751.17

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Number of units
    2
    Building materials
    Cement Siding, Concrete, Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Victor Kosme Romualdo
    Victor Kosme Romualdo

    Listing agent Victor Kosme Romualdo License #3402279

    Listing office CHARLES RUTENBERG REALTY ORLANDO 631 S Orlando Avenue Suite 200, Winter Park, FL

    Listing date Mar 4, 2026

    MLS# O6387826 Listing URL

    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

    • Duplex with two separate units (2‑bed/1‑bath and 1‑bed/1‑bath) offering investment or owner‑occupancy potential
    • Convenient location near shopping, parks, local beaches, and Kennedy Space Center
    • Roof replaced in 2018
    • Updated electrical system
    • Laundry hookups available in both units
    • Existing AC (Central Air)

    Overview

    This duplex in Titusville, Florida, presents an investment opportunity with two separate units. One unit features 2 bedrooms and 1 bath, while the other offers 1 bedroom and 1 bath. The property includes a roof replaced in 2018, updated electrical, laundry hookups, and existing AC. The property is conveniently located near shopping, parks, local beaches, and the Kennedy Space Center. The location also provides easy access to Viera, Melbourne, and Orlando. The property size is 1298 square feet and the lot size is 0.18 acres.

    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 $22.6k $17.40
    − Vacancy −$1.5k −$1.13
    EGI $21.1k $16.27
    − OpEx −$6.3k −$4.88
    NOI $14.8k $11.39
    1,298 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $211.2K
    $184.8K – $246.4K (±1% cap)
    NOI $14,782 @ 7.0% cap · market cap 6.72%
    Second Best
    Apartment 5plus
    $189.8K
    $166.1K – $221.5K (±1% cap)
    NOI $13,287 @ 7.0% cap · market cap 6.04%
    Theoretical Best
    Office A
    $342.4K
    $299.6K – $399.5K (±1% cap)
    NOI $23,971 @ 7.0% cap · market cap 10.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.817928
    Latitude
    28.610067

    FAQs

    What type of property is this?
    Duplex - Duplex in Titusville, Florida with two separate units.
    Where is this duplex located?
    The property is located at 514 S GRANNIS AVENUE Titusville, FL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Duplex with two separate units (2‑bed/1‑bath and 1‑bed/1‑bath) offering investment or owner‑occupancy potential; Convenient location near shopping, parks, local beaches, and Kennedy Space Center; Roof replaced in 2018
    More about this property
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