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Multi-Family

Space Coast Land

Fox Lake Rd, Titusville, FL 32780

Listing Price: $3,250,000

Lot Size
16.00 acres
Price/Acre
$203,125
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present, as exclusive advisor, the Titusville Multi-Family Land (the Property), a +/- 16 Acres consisting of a 10 acre parcel and a 6 acre parcel located at the northeast corner of South Street and Fox Lake Road (10 acres) and on the west side of South Street just north of the 10 acre parcel (6 acres) in Titusville, Florida. The Property is zoned R-3 High Intensity that allows for the development of 15 residential units per acre for a potential total of 240 units, representing an amazing opportunity for a developer to take advantage of the current high demand for housing in this up and coming sub-market. Located on two main thoroughfares in the City of Titusville just north of the I-95 Exit and an abundance of big box retail, restaurants and shopping as well as minutes from downtown Titusville and U.S. 1 to the east also with an abundance or retail and services as well as direct access to Kennedy Space Center, Port Canaveral and the beaches.

Investment Highlights

  • Space Coast Multi-Family Land Zoned for 15 units per acre (240 Units)
  • Primary Parcel is 10 +/- Acres with an Additional +/- 6 Acres Due West on the West Side of South Street
  • Located Just East of I-95 ; Just North of the State Road 50 Interchange In High Traffic Corridor Close to Big Box Retail, Restaurants, Downtown Titusville, NASA Kennedy Space Center & Cape Canaveral
  • Both Parcels are High and Dry with No Known Wetlands
  • Housing Constrained Sub-Market with High Demand- Ideal For Apartments, Townhomes or Single Family Residential
  • Prime Opportunity to Take Advantage of Booming Aerospace, Aviation and Space Related Industries

Exclusively Listed By

Multi-Family

Space Coast Land

Listing Price: $3,250,000

Lot Size
16.00 acres
Price/Acre
$203,125
Land Type
Land

Investment Highlights

  • Space Coast Multi-Family Land Zoned for 15 units per acre (240 Units)
  • Primary Parcel is 10 +/- Acres with an Additional +/- 6 Acres Due West on the West Side of South Street
  • Located Just East of I-95 ; Just North of the State Road 50 Interchange In High Traffic Corridor Close to Big Box Retail, Restaurants, Downtown Titusville, NASA Kennedy Space Center & Cape Canaveral
  • Both Parcels are High and Dry with No Known Wetlands
  • Housing Constrained Sub-Market with High Demand- Ideal For Apartments, Townhomes or Single Family Residential
  • Prime Opportunity to Take Advantage of Booming Aerospace, Aviation and Space Related Industries

Investment Overview

Marcus & Millichap is pleased to present, as exclusive advisor, the Titusville Multi-Family Land (the Property), a +/- 16 Acres consisting of a 10 acre parcel and a 6 acre parcel located at the northeast corner of South Street and Fox Lake Road (10 acres) and on the west side of South Street just north of the 10 acre parcel (6 acres) in Titusville, Florida. The Property is zoned R-3 High Intensity that allows for the development of 15 residential units per acre for a potential total of 240 units, representing an amazing opportunity for a developer to take advantage of the current high demand for housing in this up and coming sub-market. Located on two main thoroughfares in the City of Titusville just north of the I-95 Exit and an abundance of big box retail, restaurants and shopping as well as minutes from downtown Titusville and U.S. 1 to the east also with an abundance or retail and services as well as direct access to Kennedy Space Center, Port Canaveral and the beaches.

Exclusively Listed By

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