1209 Tropic Street, Titusville, FL 32796

$440,000
: 5
BD
: 5
BA
: 2,384
SqFt

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List Price: $440,000
MLS#: 1081865
Status: ACTIVE
Type: Multifamily
County: Brevard
City: Titusville
Area: Mims/Tville SR46
Subdivision: Resubd Of Blk 56
Bedrooms: 5
Bathrooms: 5
Living Area: 2,384
Total Square Feet: 4,356
Acres: 0.10
Year Built: 1964
Days on Market: 22

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Property Description

$4,400/MO GROSS | VACANT UNIT MID-JULY | PREMIUM SPACE COAST YIELD Stabilized, updated duplex fetching up to $52,800/year gross in an Opportunity Zone. Features (2) 3BR/1.5BA units with private 1-car attached garages. Unit A is a premier, fully furnished Mid-Term Rental (MTR) generating $2,400/mo and will be vacant mid-July--opportunity for owner-occupant house-hack or immediate market-rate leasing. Unit B is a long-term rental (LTR) generating $2,000/mo. Major Capital Improvements (2023-2025): New Roof (2023), brand-new dual HVAC systems (2024 & 2025), full exterior paint (2023), and updated plumbing on/off valves. Renovated Interiors: Features marble countertops, luxury vinyl plank (LVP) flooring, updated bathrooms, and modern appliances. All-inclusive fixed utilities average $342/unit/mo (water, trash, electric, high-speed internet, and lawn care). Location: High-growth aerospace corridor just 20 minutes from Kennedy Space Center, SpaceX, and Blue Origin Each unit is 3 bedroo , 1 full bath, 1 half bath and 1 car garage.

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