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    5841 Constellation Dr, Titusville, FL 32780

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    Exceptional opportunity to acquire a 12,632 square foot lot in the prestigious Shores at Tranquility gated community in Titusville, Florida. This prime commercial and residential property boasts breathtaking waterfront views, offering spectacular sunrises and unparalleled views of rocket launches from the nearby Kennedy Space Center. The lot's size allows for the construction of a single, expansive home, or, with the purchase of adjacent lots (lots 49, 50 & 51, also available for sale), a larger estate could be developed. The Shores at Tranquility is a planned community featuring a wealth of 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, a planned observation pier, and an on-site marina. Future development plans also include a community town center with a grocery store, restaurants, shops, and more, all within the 350-acre Tranquility campus. The community's location directly across from the Kennedy Space Center and the Merritt Island Wildlife Refuge provides a unique blend of convenience and natural beauty. This property presents a rare chance to build a dream home in a desirable, amenity-rich community with exceptional views. The address is 5841 Constellation Drive, Titusville, FL 32780. Asking price is $950,000.

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    Property type Land
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    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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