$600,000
Titusville, FL 32796
MLS# 655625
Status: Closed
11080 sqft
1 / 12
Property Description
DRIVE BY OK. DO NOT DISTURB TENANTS OR MANAGER! Rare opportunity to purchase a turn-key apartment complex. Stable, long-term tenants. Quiet complex with no drama and no late/unpaid rents. Runs like a top! New roofs in 2008, new exterior in 2009. 5 single-story fourplexes with private patios. Small house on property for manager or additional income. Private drive into fully enclosed property.
Details
Maps
Location, Tax, and Legal
Tax Account: 2109752
Parcel Number: 21353353000010000700
General County Location: North
Elementary School: Mims
High School: Astronaut
Tax Annual Amount: 5357.04
Tax Year: 2012
Tax Legal Description: LOTS 7 TO 10 BLK 1,LOTS 7 TO 10
Directions: FROM US1, GO WEST ON GARDEN FOR ONE MILE. TERRACE GARDEN AVE IS ON THE RIGHT (NORTH) SIDE.
General Property Information
Number Of Units Total: 21
Living Area Source: Public Records
Building Area Total: 11080
Lot Size Acres: 1.31
Lot Size Square Feet: 57063.6
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: Yes
Carport Spaces: 1
Waterfront YN: No
Open Parking Spaces: 38
Parking Total: 38
Senior Community YN: No
Water Body Access YN: No
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: DRIVE BY OK. DO NOT DISTURB TENANTS OR MANAGER! Rare opportunity to purchase a turn-key apartment complex. Stable, long-term tenants. Quiet complex with no drama and no late/unpaid rents. Runs like a top! New roofs in 2008, new exterior in 2009. 5 single-story fourplexes with private patios. Small house on property for manager or additional income. Private drive into fully enclosed property.
Appliances
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Legal Details
Plat Book #: 5
Plat Book Page: 71
Levels
One: 1
Listing Terms
Assumable: 1
Cash: 1
Conventional: 1
Lot Features
Cul-De-Sac: 1
Dead End Street: 1
Few Trees: 1
Other: 1
Parking Features
Assigned: 1
RV Access/Parking: 1
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 96900
Net Operating Income: 68597
Operating Expense: 30103
Owner Pays
Electricity: 1
Grounds Care: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Source-Tax Return: Y, Source-Date Estimated: Y, Equipment/Appliances-Range: Y
Contract Information
Current Price: $600,000
OriginalListPrice: 650000
Sold Price: $600,000
Status: Closed
Listing Contract Date: 2012-12-06
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 50
Street Name: Terrace Garden
County: Brevard
State: FL
Postal Code: 32796
MLS Area Major: 102 - Mims/Tville SR46 - Garden
Subdivision Name: Terrace Garden
Status Change Information
Major Change Timestamp: 2012-12-07T03:42:31Z
Major Change Type: New Listing
StatusChangeDate: 2013-04-29
Purchase Contract Date: 2013-03-29
Close Date: 2013-04-26
Close Price: 600000
Property Features
Appliances: Dryer; Electric Range; Refrigerator; Washer
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Flooring: Carpet; Tile; Vinyl
Levels: One
Listing Terms: Assumable; Cash; Conventional
Lot Features: Cul-De-Sac; Dead End Street; Few Trees; Other
Owner Pays: Electricity; Grounds Care; Insurance; Pest Control; Sewer; Taxes; Trash Collection; Water
Parking Features: Assigned; RV Access/Parking; Other
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: Better Homes & Gardens RE Star
Last Updated: August - 16 - 2026
Information is deemed to be reliable, but is not guaranteed.