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1925 S Park Ave - Entitled Multifamily Site

17.29 Acres of Residential Land Offered at $4,350,000 in Titusville, FL 32780

Investment Highlights

  • Cleared, entitled multifamily site
  • Strong surrounding economy and community support
  • Existing retention

Executive Summary

Lightle Beckner Robison, Inc. is pleased to present this prime multifamily land site in the heart of Titusville, FL. The +/- 17.3-acre site is entitled through a Small Scale Comprehensive Plan Amendment for 196 apartment units and 7 townhomes. A preliminary site plan has been approved in that process, with strong support from the city and surrounding community. After full site plan approval and permitting, this site will be shovel-ready. Benefit from a cleared site with fill dirt, and roughly 6 acres of existing retention.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $4,350,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 17.29 AC

1 Lot Available

Lot

Price $4,350,000
Price Per AC $251,591
Lot Size 17.29 AC

22-35-09-00-509: 5.25 Acres 22-35-09-00-503: 9.83 Acres 22-35-09-00-520: 2.21 Acres Total: 17.29 Acres

Description

Tap into the strong growth of the Titusville market. This community continues to experience a need for quality housing, supported by the many industries that call the Space Coast home. With close proximity to Kennedy Space Center, many high-paid employees work at NASA, SpaceX, Blue Origin, Lockheed Martin, Boeing, Parrish Medical Center, Knights Armament, and several other renowned companies.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-35-09-00-00520.0-0000.00
  • 22-35-09-00-00503.0-0000.00
  • 22-35-09-00-00509.0-0000.00
Land Assessment
$290,830 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$290,830 (2023)

zoning

Zoning Code R-3 Multi-Family (R-3 Multifamily High Density Residential: 15 D.U./Acre)
R-3 Multi-Family (R-3 Multifamily High Density Residential: 15 D.U./Acre)
  • Listing ID: 32058019

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 1925 S Park Ave, Titusville, FL 32780

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