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    5861 Constellation Dr Titusville, FL 32780

    For Sale
    $950,000

    12,632 sq ft lot, stunning sunrise views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional opportunity to acquire a 12,632 square foot commercial and residential land parcel located at 5861 Constellation Drive, Titusville, Florida, 32780. This property presents a rare chance to build a spectacular waterfront home within the gated Shores at Tranquility community. Enjoy breathtaking sunrise views and the added benefit of potential rocket launch viewing opportunities. Adjacent lots are also available for purchase, allowing for the creation of a single, double, or even triple-lot estate. The Shores at Tranquility offers a wealth of planned amenities, including tennis and pickleball courts, a dog park, fitness center, resort-style swimming pool, playground, extensive walking trails, community lakes and ponds, a clubhouse, an observation pier, and an on-site marina. Future development plans for the 350-acre Tranquility campus include a town center featuring a grocery store, restaurants, shops, and more. This prime location is directly across from the Kennedy Space Center and the Merritt Island Wildlife Preserve, providing a unique blend of recreational opportunities and tranquil living. The asking price for this exceptional property is $950,000.

    Property Features for 5861 Constellation Dr

    General Information

    Property type
    Land

    HighLights

    • $950,000 asking price.
    • 12,632 square foot lot.
    • Located at 5861 Constellation Drive, Titusville, FL 32780.
    • Commercial and residential zoning.
    • Waterfront property with sunrise and rocket launch views.
    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
    -80.786201
    Latitude
    28.540751

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    FAQs

    What type of property is this?
    Land - 12,632 sq ft lot, stunning sunrise views.
    Where is this land located?
    The property is located at 5861 Constellation Dr Titusville, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price.; 12,632 square foot lot.; Located at 5861 Constellation Drive, Titusville, FL 32780.
    Request Owner's contact information
    5861 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
    5861 Constellation Dr Titusville, FL 32780
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