1209 Tropic Street, Titusville, FL 32796

$440,000
5
BD
5
BA
2,384
SqFt

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List Price
$440,000
MLS#
1081865
Type
Multifamily
Bedrooms
5
Bathrooms
5
Living Area
2,384
Lot Size
4,356
Subdivision
Resubd Of Blk 56
Year Built
1964

Property Description

$4,400/MO GROSS | VACANT UNIT MID-JULY | PREMIUM SPACE COAST YIELD Stabilized, updated duplex fetching up to $52,800/year gross in an Opportunity Zone. Features (2) 3BR/1.5BA units with private 1-car attached garages. Unit A is a premier, fully furnished Mid-Term Rental (MTR) generating $2,400/mo and will be vacant mid-July--opportunity for owner-occupant house-hack or immediate market-rate leasing. Unit B is a long-term rental (LTR) generating $2,000/mo. Major Capital Improvements (2023-2025): New Roof (2023), brand-new dual HVAC systems (2024 & 2025), full exterior paint (2023), and updated plumbing on/off valves. Renovated Interiors: Features marble countertops, luxury vinyl plank (LVP) flooring, updated bathrooms, and modern appliances. All-inclusive fixed utilities average $342/unit/mo (water, trash, electric, high-speed internet, and lawn care). Location: High-growth aerospace corridor just 20 minutes from Kennedy Space Center, SpaceX, and Blue Origin Each unit is 3 bedroo , 1 full bath, 1 half bath and 1 car garage.

Additional Information

Exterior Construction
Block
High School
Astronaut
Middle School
Madison
Elementary School
Oak Park
Utilities
Electricity Connected
Heating
Central
Cooling
Central Air, Split System

Listing courtesy of Beycome of Florida LLC.

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