$320,000
Titusville, FL 32796
MLS# 799252
Status: Closed
3086 sqft
1 / 54
Property Description
Come see this beautiful Quad-Plex that was COMPLETELY remodeled in 2017 with new EVERYTHING. Kitchens with Granite, Backsplash and Stainless Steel Appliances, Flooring, Windows/Doors, A/Cs, Water Heaters, Electrical Panels, Paint, Fans, etc. All the units are the exact same. This property has been priced at a 10% cap rate and all the tenants have 1 year leases that have all been recently renewed. Don't miss this opportunity to buy an income producing property and immediately start collecting rent.
Details
Maps
Location, Tax, and Legal
Tax Account: 2200477
Parcel Number: 22-35-03-03-00023.0-0009.00
General County Location: North
Elementary School: Mims
Middle School: Madison
High School: Astronaut
Tax Annual Amount: 2324.73
Tax Year: 2017
Tax Legal Description: TITUSVILLE LOT 9 & W 9 FT OF LOT 10 BLK 23
Directions: From US 1 head west on South St, Turn Right on Dummitt Ave, Left on Palmetto St and Quadplex is on the right.
General Property Information
Number Of Units Total: 4
Living Area: 3016
Living Area Source: Public Records
Building Area Total: 3086
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 8
Parking Total: 8
Water Frontage Feet: 0
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 109.38
Sold Price/SqFt: 106.1
Year Built: 1966
Remarks and Miscellaneous
Public Remarks: Come see this beautiful Quad-Plex that was COMPLETELY remodeled in 2017 with new EVERYTHING. Kitchens with Granite, Backsplash and Stainless Steel Appliances, Flooring, Windows/Doors, A/Cs, Water Heaters, Electrical Panels, Paint, Fans, etc. All the units are the exact same. This property has been priced at a 10% cap rate and all the tenants have 1 year leases that have all been recently renewed. Don't miss this opportunity to buy an income producing property and immediately start collecting rent.
Appliances
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Supreme Title Closings-April Dodd
Closing Company Address: 3230 Murrell Rd. #200 Rockledge, FL 32955
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Tile: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Pool Features
None: 1
Income and Expenses
Gross Income: 600
Gross Scheduled Income: 37800
Net Operating Income: 32895.84
Operating Expense: 4904.16
Owner Pays
Electricity: 1
Grounds Care: 1
Taxes: 1
Other: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
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: Number of Buildings: 2 Buildings
Contract Information
Current Price: $320,000
OriginalListPrice: 339900
Sold Price: $320,000
Status: Closed
Listing Contract Date: 2017-11-29
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 608
Street Name: Palmetto
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32796
MLS Area Major: 103 - Titusville Garden - SR50
Subdivision Name: Titusville
Status Change Information
Major Change Timestamp: 2023-11-11T03:44:47Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-12-20T12:35:13Z
StatusChangeDate: 2018-04-07
Purchase Contract Date: 2018-02-18
Close Date: 2018-04-02
Close Price: 320000
Property Features
Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block; Brick; Concrete
Cooling: Central Air; Electric
Flooring: Tile
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Other
Owner Pays: Electricity; Grounds Care; Taxes; Other
Pool Features: None
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: RE/MAX Aerospace Realty
Last Updated: August - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.