Under contract-accepting backup offers. Prime Multi-Family Investment Opportunity in Titusville Discover an exceptional value-add opportunity with this concrete block quadruplex located at 420 Rock Pit Road. Situated on nearly half an acre in Brevard County, this income-producing property features a versatile unit mix, including a 3-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, a 1-bedroom/1-bathroom unit, and an efficiency. Built in 1955 and totaling 2,796 square feet of heated living space, the building is equipped with central air and individual metering, offering a streamlined management experience for seasoned or first-time investors. This property is a powerful addition to any portfolio. The location offers unmatched convenience, placed just minutes from local shopping centers like South Park Plaza and Parkway Plaza, and within easy reach of the Merritt Island National Wildlife Refuge and the beaches of Canaveral National Seashore.
Multi-familyProperty Type
1955Year Built
0.46 acresLot Size
$125Price/Sq.Ft.
1 spaceParking
Listed by Marc George• KELLER WILLIAMS REALTY AT THE PARKS
Listed by Danica Schiffman• KELLER WILLIAMS REALTY AT THE PARKS
The Multifamily High Density Residential district is intended to allow the development of a variety of housing types at a maximum density of fifteen units per acre. This district is further intended to satisfy the need for a high concentration of population, is located adjacent to arterial or collector streets and is well served by public services and facilities. When adjacent to R-1 zoning districts, the development within the district shall be designed carefully to provide maximum compatibility with adjacent development by proper architectural design, landscaping, screening, and parking.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Titusville, FL • 32796
Average low and high temperatures (°F)
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78
61
74
57
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Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Titusville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 420/422 Rock Pit Rd
$338,307
$11K under list price of $349K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $395K.