955 Knox Mcrae Drive, Titusville, FL 32780
- $2,399,000
- 32
- BD
- 20
- BA
- 15,488
- SqFt
- List Price
- $2,399,000
- Status
- Active
- Days on Market
- 334
- Price Change
- ▼ $101,000 1776212514
- MLS#
- TB8422362
- Property Style
- Multi-Family 5+
- Year Built
- 1969
- Bedrooms
- 32
- Bathrooms
- 20
- Living Area
- 15,488
- Lot Size
- 39,640
- Acres
- 0.91
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Acreage
- MLS Area Major
- Titusville
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.
Additional Information
- Taxes
- $27617
- Annual Gross Income
- 282189
- Community Features
- No Deed Restriction
- Zoning
- R3
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Concrete
- Exterior Features
- Balcony, Courtyard
- Roof
- Other
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 22 3522-00-254
- Legal Description
- PART OF SW 1/4 OF SW 1/4 OF NW 1/4 AS DES IN ORB 1042 PG 884
Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220
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