$470,000
Titusville, FL 32796
MLS# 1056808
Status: Closed
9 beds | 5 baths

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Property Description
Income-Producing Quadplex - Fully Rented with Strong Cash Flow Potential. This well-maintained 4-unit quadplex is the perfect addition to any investor's portfolio, offering a combination of spacious layouts, upgrades, consistent rental income, and long-term appreciation potential. With four distinct units on separate meters ranging from a large 3-bedroom to a cozy 2-bedroom, this property is designed to attract a wide variety of tenants, ensuring stability and steady returns. *Newer Roof in the last few years *Unit Breakdown & Current Rents: Apartment A: $1,075/month - 3 Bedrooms, 1.5 Bathrooms, 1,262 Living SF. This is the largest unit and has updates. Apartment B: $875/month - 2 Bedrooms, 1 Bathroom, 952 Living SF. Apartment C: $1,200/month - 2 Bedrooms, 1 Bathroom, 952 Living SF. Updated interior Apartment D: $995/month - 2 Bedroom, 1 Bathroom, 798 Living SF- A charming updated unit. Total Current Income: $4,145/month with upside potential through rental rate growth.
Details
Maps
Location, Tax, and Legal
Tax Account: 2109917
Parcel Number: 21-35-33-75-0000c.0-0016.00
General County Location: North
Elementary School: Mims
Middle School: Madison
High School: Astronaut
Tax Annual Amount: 6040.16
Tax Year: 2023
Directions: Garden Street to north on Dixie Ave, west on Violet Avenue -Quad Plex is on the left-hand side.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Stories Total: 2
Bathrooms Half: 1
Living Area: 3972
Living Area Source: Appraiser
Lot Size Acres: 0.33
Lot Size Square Feet: 14375
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Parking Total: 6
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: 1
Direction Faces: Northeast
Pool Private YN: No
List Price/SqFt: 125.86
Sold Price/SqFt: 118.33
Bedrooms Total: 9
Bathrooms Total: 5
Bathrooms Full: 4
Year Built: 1966
Remarks and Miscellaneous
Public Remarks: Income-Producing Quadplex - Fully Rented with Strong Cash Flow Potential. This well-maintained 4-unit quadplex is the perfect addition to any investor's portfolio, offering a combination of spacious layouts, upgrades, consistent rental income, and long-term appreciation potential. With four distinct units on separate meters ranging from a large 3-bedroom to a cozy 2-bedroom, this property is designed to attract a wide variety of tenants, ensuring stability and steady returns.
*Newer Roof in the last few years
*Unit Breakdown & Current Rents:
Apartment A: $1,075/month - 3 Bedrooms, 1.5 Bathrooms, 1,262 Living SF. This is the largest unit and has updates.
Apartment B: $875/month - 2 Bedrooms, 1 Bathroom, 952 Living SF.
Apartment C: $1,200/month - 2 Bedrooms, 1 Bathroom, 952 Living SF. Updated interior
Apartment D: $995/month - 2 Bedroom, 1 Bathroom, 798 Living SF- A charming updated unit. Total Current Income: $4,145/month with upside potential through rental rate growth.
Appliances
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: State Title-Jennifer Hodl (321) 985-5615
Closing Company Address: 300 E Fee Ave. Melbourne 32901
Construction Materials
Block: 1
Concrete: 1
Vinyl Siding: 1
Cooling
Central Air: 1
Electric: 1
Individual: 1
Separate Meters: 1
Current Use
Investment: 1
Multi-Family: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Flooring
Other: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Levels
One: 1
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 49740
Income Includes
Rent Only: 1
Owner Pays
Common Area Maintenance: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Repairs: 1
Taxes: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Other: 1
Sewer
Private Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Hot Water: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1 Details
Unit ID: A
Actual Rent: 1075
Unit SqFt: 1262
Beds Total: 3
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Upstairs and Down Stairs
Unit 2 Details
Unit ID: B
Actual Rent: 875
Unit SqFt: 952
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Upstairs and Down stairs
Unit 3 Details
Unit ID: C
Actual Rent: 1200
Unit SqFt: 952
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Upstairs and Down Stairs
Unit 4 Details
Unit ID: D
Actual Rent: 995
Unit SqFt: 798
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: One Level
Utilities
Cable Connected: 1
Electricity Available: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Contract Information
Current Price: $470,000
Original List Price: 599900
Sold Price: $470,000
Status: Closed
Listing Contract Date: 2025-09-08
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 1539
Street Name: Violet
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32796
MLS Area Major: 102 - Mims/Tville SR46 - Garden
Subdivision Name: Dixie Heights
Status Change Information
Major Change Timestamp: 2025-12-19T19:10:02Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-30T17:22:25Z
Status Change Timestamp: 2025-12-19
Purchase Contract Date: 2025-11-21
Close Date: 2025-12-19
Close Price: 470000
Property Features
Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator
Construction Materials: Block; Concrete; Vinyl Siding
Cooling: Central Air; Electric; Individual; Separate Meters
Current Use: Investment; Multi-Family; Residential
Flooring: Other
Heating: Central; Electric; Separate Meters
Income Includes: Rent Only
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: One; Two
Listing Terms: Cash; Conventional; Other
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes
Possession: Close Of Escrow
Road Surface Type: Asphalt; Paved
Roof: Other
Sewer: Private Sewer
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Hot Water; Sewer; Trash Collection; Water
Utilities: Cable Connected; Electricity Available; Separate Electric Meters; Separate Water Meters; Sewer Connected
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Call Listing Office; Showing Service
Listing Office: Misty Morrison Real Estate
Last Updated: December - 19 - 2025
Information is deemed to be reliable, but is not guaranteed.
