0 South St, Titusville, FL 32796
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.