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    Property profile & analytics
    OFF-MARKET
    Small apartment buildings

    608 Palmetto St, Titusville, FL 32796

    Built 1966
    Entity Owned 8-yr Hold
    Property ID
    US18-9930528
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a four-unit apartment building located at 608 Palmetto St, Titusville, FL 32796, in Brevard County. Built in 1966 and boasting a two-story design, this property offers a compelling return on investment. Each of the four identical units underwent a complete remodel in 2017, featuring modern upgrades throughout. Kitchens are equipped with granite countertops, stylish backsplashes, and stainless steel appliances. Durable tile flooring is found in all areas. A significant advantage is the inclusion of a coin-operated laundry facility in a separate building on the property, although currently no washers or dryers are installed. The property's location in Titusville, Florida, provides easy access to local amenities and services. The asking price for this turnkey multifamily investment is $499,000. This property represents a strong opportunity for investors seeking a well-maintained, updated multifamily asset in a desirable Florida location. The identical units simplify management and maintenance, maximizing efficiency and potential rental income. The coin-op laundry facility adds an additional revenue stream. This is a rare opportunity to acquire a profitable, low-maintenance investment property.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1966
    UPID US18-9930528
    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
    608 Palmetto LLC · 8 yrs held
    608 Palmetto LLC
    since 2018
    4 recorded transactions
    2018
    2018
    $320,000
    2017
    2017
    $59,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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