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608 Palmetto St Titusville, FL 32796

OFF-MARKET Apartment buildings Google Maps
Built 1966
Entity Owned 8-yr Hold
Estimated value
No estimation on file for this property yet.
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. The asking price is $499,000. Each of the four identical units underwent a complete remodel in 2017, featuring updated kitchens with granite countertops, stylish backsplashes, and modern stainless steel appliances. Tile flooring is found throughout each unit, enhancing both aesthetics and ease of maintenance. A separate building on the property houses a coin-operated laundry facility, although washers and dryers are not currently installed. This presents a potential avenue for increased revenue generation. The property's location in Titusville, Florida, offers convenient access to local amenities and services. This well-maintained multifamily property is an ideal addition to any investor's portfolio, promising strong rental income and potential for future appreciation. The property's solid construction and recent renovations ensure a low-maintenance investment with immediate cash flow potential. This is a turnkey opportunity for a savvy investor seeking a profitable venture in the thriving Florida market.

Property profile

Verified
Property type 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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2018
$320,000
2017
Price N/A
2017
$59,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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