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    OFF-MARKET
    Land

    0 South St, Titusville, FL 32796

    5.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.98-acre parcel in Titusville, Florida, presents a prime development opportunity. Zoned R-3 High Density, it allows for up to 90 residential units (15 units per acre). Located at the northwest corner of South Street and Willis Drive, this high-traffic area boasts proximity to I-95, State Road 50, and abundant retail and dining options. Its strategic location near downtown Titusville, Kennedy Space Center, and Cape Canaveral positions it to benefit from the region's booming aerospace and space industries. The property is high and dry, with no known wetlands, making development straightforward. This is an ideal site for apartments, townhomes, or single-family residences, catering to the area's high demand for housing in a constrained submarket. The asking price is $899,000. APN: 22-35-08-00-500;22-35-08-00-255. The property's address is South St, Titusville, FL 32796.

    Property profile
    Verified
    Property type Land
    Lot 5.98 ac (260,489 SF)
    Cap rate & NOI
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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