955 Knox Mcrae Drive, Titusville, FL 32780
- $2,399,000
- 32
- BD
- 20
- BA
- 15,488
- SqFt
- List Price
- $2,399,000
- Price Change
- ▼ $101,000 1776212514
- MLS#
- TB8422362
- Type
- Multifamily
- Bedrooms
- 32
- Bathrooms
- 20
- Living Area
- 15,488
- Lot Size
- 39,640
- Subdivision
- Acreage
- Year Built
- 1969
Property Description
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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Additional Information
- Community Features
- No Deed Restriction
- Annual Gross
- 282189
- Style
- Multi-Family 5+
- Interior
- Ninguno
- Interior Features
- Ninguno
- Exterior Construction
- Concrete
- Exterior
- Balcony, Courtyard
- Roof
- Other
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Cooling
- Central Air
- Pool Type
- No Pool
Listing courtesy of FLORIDA REALTY INVESTMENTS.
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