608 Palmetto St, Titusville, FL 32796
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.
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
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.