South Street

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Address: South Street, Titusville, Florida, US
Created date: February 6, 2024
Date last updated: April 1, 2024
  • 6 Acres Multifamily Development in emerging Space Coast Region
  • Zoned R-3 High Intensity for 15 units per acre (90 Units)
  • Property Survey and CAD file are available upon request
  • East of I-95, near the State Road 50 Interchange, in a high-traffic corridor close to retail, restaurants, and downtown Titusville.
  • Proximity to NASA Kennedy Space Center and Cape Canaveral, SpaceX, and Space Force Launch Pads and Aerospace Related Industries.
  • Parcel is high and dry with no known wetlands
  • In a housing-constrained sub-market with high demand, suitable for apartments, townhomes, or single-family residential
  • Prime opportunity for developers to leverage current demand and area growth

Property Description

Lee & Associates is pleased to introduce a 6 Acre Multi-Family Development opportunity located in Titusville amid Florida's world renowned and booming Space Coast. The property includes a 6 acre parcel situated with several hundred feet of frontage along South Street just north of Fox Lake Road. The property is zoned R-3 High Intensity, allowing for the development of 15 residential units per acre, presenting a remarkable opportunity for a developer to build up to 90 new apartment units and capitalize on the current high demand for housing in this emerging submarket. Property Survey and CAD file are available upon request. The site is exceptionally positioned near two main thoroughfares in the City of Titusville, just north of the I-95 Exit at Cheney Hwy. The property benefits from the immediate area's many major retail stores, dining, and shopping options including a Walmart Supercenter, Home Depot, Publix Grocery, Starbucks, Cracker Barrel, Denny's and more. The area not only features a wealth of retail and services but also provides direct access to prominent employers and destinations such as Kennedy Space Center, Port Canaveral, and the area's pristine beaches, offering opportunities in the booming aerospace, aviation, and space-related industries.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Land/Development
Price: $899,000
Lot Size: 6.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: South Street, Titusville, FL 32780, USA
Provided by:

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