3-Unit Triplex with Updated
For Sale
$450,000
Cba-415 S Robbins Avenue, Titusville, FL 32796
Separate entrances serve all three residences, while two units include laundry hookups.
Property Size1,888 SF
Price / SF$238.35
Days on Market67
Property Features for Cba-415 S Robbins Avenue
General Information
Standard status
Active
Size
1,888 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA, 1 x studio
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,685
Listing Agency:
Peninsula Property Group
Listed By:
Vanna T. Rickard
(321) 757-3696
Source:
Exprealty
Added: Aug 8
Changed: Oct 13
Last Checked: Oct 13 at 2:20AM
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 Peninsula Property Group
Investment Insights
Based on property information with market context.
This Titusville triplex contains three distinct residences: a three-bedroom, one-bathroom unit, a two-bedroom, one-bathroom unit, and a studio. The two larger units have full kitchens with stainless steel appliances, central air, and laundry hookups. Tile flooring is present in the front unit and studio, and the studio bathroom has been updated. Each residence has its own entrance.
A newer roof was installed in 2024, and the property is served by city water and sewer. The location is described as minutes from Kennedy Space Center, riverfront parks, beaches, restaurants, and shopping, with access to major roadways and airports.
A newer roof was installed in 2024, and the property is served by city water and sewer. The location is described as minutes from Kennedy Space Center, riverfront parks, beaches, restaurants, and shopping, with access to major roadways and airports.
Key Highlights
- Three residences: 3‑bedroom/1‑bathroom, 2‑bedroom/1‑bathroom, and studio
- Separate entrance for each unit
- Full kitchens with stainless steel appliances and central air in Units A and B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,501
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,020
$430.0K
Cap Rate 7%
$307,157
$307.2K
Cap Rate 9%
$238,900
$238.9K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$32.9K $17.40/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$30.7K $16.27/SF
− OpEx
−$9.2K −$4.88/SF
NOI
$21.5K $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%
$430,020
Cap Rate 7%
$307,157
Cap Rate 9%
$238,900
Alternative Uses
Best Use
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,501 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,327 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$498.1K
$435.9K – $581.1K
NOI $34,868 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 32796, FL
20,818
Population
9,670
Households
2.2
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
14.4 sq mi
ZIP Area
1,446
Density / Sq Mi
$67,399
Median Household Income
$40,368
Median Earnings
$1,305
Median Rent
$243,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Separate entrances serve all three residences, while two units include laundry hookups.
Where is this triplex located?
The property is located at Cba-415 S Robbins Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three residences: 3‑bedroom/1‑bathroom, 2‑bedroom/1‑bathroom, and studio; Separate entrance for each unit; Full kitchens with stainless steel appliances and central air in Units A and B
