South Street
Titusville, FL 32780
6 AC Space Coast Multifamily Development Site · Land For Sale · 5.81 AC

Exceptional opportunity to develop a high-density multifamily community in the growing City of Titusville. This ±6-acre site offers R-3 zoning, allowing for high-density residential development and a range of multifamily housing options.
A conceptual site plan indicates feasibility for approximately 72 apartment units, making this property ideal for developers seeking an opportunity in
a strong Space Coast market. The property is believed to have no wetlands, simplifying the path to development. Located along South Street with convenient access to I-95, U.S. 1, and major employment centers, the site is well-positioned to serve the area's growing housing demand fueled by aerospace, defense, and high-tech industry expansion.
Major Employment & Investment Catalysts:
• Lockheed Martin expansion: A major new advanced manufacturing facility in Titusville is bringing significant capital investment and hundreds of high-wage aerospace and defense jobs to the market.
• Amazon planned warehouse: Amazon has announced plans for a new warehouse facility near VectorSpace, reinforcing Titusville’s growing role in logistics and aerospace-adjacent operations.
• Blue Origin growth: Blue Origin is actively leasing and expanding industrial space along Grissom Parkway, adding skilled jobs and increasing local housing demand.
Why This Supports Multifamily:
? Expanding base of high-income aerospace, defense, and logistics employees
? Growing industrial and employment corridors driving sustained rental demand
? Limited new multifamily supply relative to accelerating job growth
Location Advantage:
Centrally located near Grissom Parkway, VectorSpace, and Kennedy Space Center — offering convenient access to Titusville’s fastest-growing employment hubs.
Strong rental demand in rapidly growing Titusville market