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Multi Family 32 bedrooms - ACREAGE for Sale

955 KNOX MCRAE, TITUSVILLE, FL 32780

Asking Price$2,500,000

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  • Days on market:

    7 day(s)
  • Original Price:

    $2,500,000
  • Price per sqft:

    $161.42
  • Tax Legal Description:

    PART OF SW 1/4 OF SW 1/4 OF NW 1/4 AS DES IN ORB 1042 PG 884
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Construction Type:

    Concrete
  • Roof:

    Other
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Interior Features:

    Ninguno
  • Exterior Features:

    CourtyardBalcony
  • Special Listing Conditions:

    None

Description

$2,500,000 • bedroom(s) • living size area 15488 sqft

Coquina court apartments is a 20-unit multifamily community located in titusville, florida. the property features a single concrete block building constructed in 1969 and offers a mix of 12 two-bedroom/one-bath units and 8 one-bedroom/one-bath units. recent ownership improvements include $30,000 in roof work. tenants pay their own electric, while the owner covers water, resulting in a simplified utility structure for investors. titusville, in brevard county, is known as “space city, usa” due to its strong ties to the aerospace industry. the city is experiencing significant economic growth, with a new aerospace company bringing 1,347 jobs over the next four years, plus an estimated 900 additional jobs in spinoff or related work for former space shuttle program employees. this expansion represents nearly $96 million in payroll and an economic impact of approximately $48 million, fueling continued demand for housing in the area.
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