32-Unit Renovated Apartment
810 SYCAMORE STREET, Titusville, FL 32780
For Sale
New
$3,800,000
Residences include stainless steel appliances and in-unit all-in-one washer-dryers.
Property Size14,608 SF
Price / SF$260.13
Days on Market4
Property Features for 810 SYCAMORE STREET
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
stainless steel appliances
in-unit washer/dryer
Building Details
Year Built
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Tito Urbano Perez · License #3470017
(407) 907-0350
Source:
Dennisrealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:22PM
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 FLORIDA REALTY INVESTMENTS
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Investment Insights
Based on property information with market context.
Seaside Lofts is a 32-unit apartment property in Titusville, Florida. The 14,608-square-foot building dates to 1965 and has been renovated. Its apartments are configured as one-bedroom, one-bathroom units of 550 square feet each, with stainless steel appliances and an all-in-one washer-dryer in every unit.
Located at 810 Sycamore Street, the property has an expense arrangement in which residents pay for electricity and cable. Water is paid by ownership and billed back to residents.
Located at 810 Sycamore Street, the property has an expense arrangement in which residents pay for electricity and cable. Water is paid by ownership and billed back to residents.
Key Highlights
- 32 apartments, each with one bedroom and one bathroom
- Each unit measures 550 SF; building totals 14,608 square feet
- Renovated property originally built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,536
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,990,720
$3.0M
Cap Rate 7%
$2,136,229
$2.1M
Cap Rate 9%
$1,661,511
$1.7M
Market Conditions
NOI Build-Up for 14,608 SF
Gross rent
$289.2K $19.80/SF
− Vacancy
−$17.4K −$1.19/SF
EGI
$271.9K $18.61/SF
− OpEx
−$122.3K −$8.38/SF
NOI
$149.5K $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%
$2,990,720
Cap Rate 7%
$2,136,229
Cap Rate 9%
$1,661,511
Alternative Uses
Best Use
Apartment 5plus
$2.14M
$1.87M – $2.49M
NOI $149,536 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.85M
$3.37M – $4.50M
NOI $269,781 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
368
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
$250,800
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Brevard County, FL
Properties on Market for Apartment buildings in Brevard County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residences include stainless steel appliances and in-unit all-in-one washer-dryers.
Where is this apartment building located?
The property is located at 810 SYCAMORE STREET Titusville, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 32 apartments, each with one bedroom and one bathroom; Each unit measures 550 SF; building totals 14,608 square feet; Renovated property originally built in 1965
