Active

$2,500,000

Features:
  • 32 Bedrooms
  • 20 Bathrooms
  • 15488 sq ft
Overview
  • ID: MFRTB8422362
  • Bedrooms: 32
  • Bathrooms: 20
  • Size: 15488 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$2,500,000
HOA Fee:
N/A
Tax Amount:
$27617.57
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
Exterior Features
Lot Size:
39640
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
32
Bathrooms:
20
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1969
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard
Additional Features 2:
N/A
Map
  • Address
    955 KNOX MCRAE DR
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