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    5962 Constellation Dr Titusville, FL 32780

    For Sale
    $499,900

    Prime 10,454 sq ft lot, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,454 square foot lot presents a unique investment opportunity in Titusville, Florida. Located at 5962 Constellation Drive, 32780, this property is part of Phase 1 at The Shores at Tranquility, offering breathtaking views of rocket launches. The community boasts an array of planned amenities designed for an active lifestyle, including a proposed marina providing convenient river access, a resort-style pool, a clubhouse, a fitness center, multiple tennis and pickleball courts, and extensive walking trails. Pet owners will appreciate the dedicated pet park. A proposed town center at the community entrance adds to the convenience and appeal. Titusville itself offers a diverse range of attractions, from historical sites and educational opportunities to exceptional dining, entertainment, and nightlife. Residents can enjoy world-class fishing, kayaking, paddleboarding, and miles of pristine beaches. This mixed-use zoned lot (Commercial and Residential) allows for diverse development possibilities, capitalizing on the vibrant community and desirable location. Don't miss this chance to own a piece of this thriving Florida community. The asking price for this remarkable property is $499,900.

    Property Features for 5962 Constellation Dr

    General Information

    Property type
    Land

    HighLights

    • $499,900 asking price.
    • 10,454 square foot lot.
    • Located at 5962 Constellation Drive, Titusville, FL 32780.
    • Commercial and residential zoning.
    • Part of The Shores at Tranquility community, featuring planned amenities such as a marina, pool, clubhouse, fitness center, tennis/pickleball courts, walking trails, and pet park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.78532
    Latitude
    28.538697

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    FAQs

    What type of property is this?
    Land - Prime 10,454 sq ft lot, mixed-use potential.
    Where is this land located?
    The property is located at 5962 Constellation Dr Titusville, FL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: $499,900 asking price.; 10,454 square foot lot.; Located at 5962 Constellation Drive, Titusville, FL 32780.
    Request Owner's contact information
    5962 Constellation Dr Titusville, FL 32780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5962 Constellation Dr Titusville, FL 32780
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