2080 Columbia Blvd Titusville, FL 32780
Property summary
This exceptional 505,732 square foot land parcel located at 2080 Columbia Boulevard in Titusville, Florida, presents a remarkable opportunity for multifamily development. Priced at $4,900,000 and offering owner financing, this property boasts a highly desirable location within one mile of a Walmart. The current zoning, if annexed into Titusville, permits a density of 15 units per acre, a provision also reflected in the comprehensive plan. Water and sewer services are readily available. A feasibility study is recommended for potential buyers to determine the optimal number of units, with a potential total of 174 units based on the zoning regulations. This expansive lot is ideally suited for the construction of condominiums, townhouses, or apartment buildings, catering to the growing demand for residential housing in the area. The property's strategic location and favorable zoning regulations make it an attractive investment for developers seeking a high-return project. Serious inquiries are encouraged to explore this exceptional development opportunity further. The property is classified as Commercial, Apartment Building, and Residential, and is further categorized as a Duplex/Triplex/Quadruplex. The zip code is 32780, and the property is situated in Brevard County.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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