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500 Rockpit Rd
Titusville, FL 32796
500 Rockpit Road · Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.40 AC
Building Size 8,928 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1968/2006
Parking Ratio 1.83/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities

About 500 ROCKPIT RD , TITUSVILLE, FL 32796

Casita Bella, this property consists of 1 two story block building with 12 FULLY Occupied units. All units are 2 Bedroom, 1 Bathroom approximately 860 sqft each. 11 Units rented at $700, 1 unit rented at $750 The units have been recently updated, and have newer CENTRAL A/C systems, all tile flooring throughout all units, range & Refrigerators in all units. New Roof November 2017. Easy lawn maintenance. Tenants pay all utilities, separate electric and water/sewer meters. Room to Raise Rents at Renewals. 1st year Proforma NOI 7.75%. Owner Managed coin laundry facilities on site and newly installed in 2019 for ADDITIONAL INCOME. Titusville is up and coming with numerous economic development expansions. Employers such as Blue Origin, Lockheed Martin Corporation, Capital Investment, OneWeb Satellites, and government expansions in the Space research department are evolving the economy and future grow possibilities.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 - 860

Property Taxes

Property Taxes

Parcel Number
22-35-04-00-00299.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$998,130
  • Listing ID: 18638297

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 500 Rockpit Rd, Titusville, FL 32796

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