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Property profile & analytics
OFF-MARKET
Estimated value
$3,980,000
High-rise multifamily apartments
2825 Washington Ave 1, Titusville, FL 32780-1713
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-8134193
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
194,503 SF
Lot
5.02 ac (218,671 SF)
APN
22-35-15-01-0000B.0-0008.00
UPID
US18-8134193
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
Current use
Occupant on record · Public records
-
DREAM Space Coast Apartment Complex Apartment Building
-
AAA Service By Sun Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.98M
Owner & transaction history
Prosper Titusville LLC · 3 yrs held
Prosper Titusville LLC
since 2023
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,640,000
ML approach
$4,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.98M
Range $3.58M – $4.38M · ±10% · vs last sale $4.19M (Apr 13 2023)
Last sale anchor
$4.19M
Apr 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,025
Tax year 2023
Assessed value
$1,953,590
Assessed 2023
Previous assessed
$1,953,590
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$1,312,980
Assessed improvement
$640,610
Land market value
$1,312,980
Improvement market value
$640,610
Total market value
$1,953,590
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
6
Units
182
Total area
194,503 SF
Lot
5.02 ac (218,671 SF)
APN
22-35-15-01-0000B.0-0008.00
UPID
US18-8134193
Jurisdiction
BREVARD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
6
Units
182
Lot
5.02 ac
Current owner
From public records · entity-resolved
Prosper Titusville LLC
Entity
Mailing address
405 GOLFWAY W DR, ST AUGUSTINE, FL 32095-8841
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
—
Prosper Titusville LLC
—
Deed
related
$40,650,000 · Dlp Lending Fund LLC
Apr 13, 2023
$4,189,500
Prosper Titusville LLC
Charal Titusville LLC
Special Warranty Deed
—
Nov 28, 2022
$700,000
Prosper Titusville LLC
Ah Titusville LLC
Special Warranty Deed
—
May 7, 2021
—
Prosper Titusville LLC
—
Deed
related
$30,000,000 · Dlp Income & Growth Fund LLC
Jun 17, 2020
$1,833,500
Charal Titusville LLC
Prosper Titusville LLC
Grant Deed
—
Mar 5, 2020
—
Charal Titusville LLC
—
Deed
related
—
Aug 31, 2018
$14,000,000
Charal Titusville LLC
Everest Prop Cap Fund LLC
Grant Deed
—
—
—
Charal Titusville LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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