$485,000
Titusville, FL 32780
MLS# 1044222
8 beds
1 / 58
Property Description
Back on Market!!! Rare opportunity to own a four-parcel property with existing income and strong potential for increased returns. The property includes two tenant-occupied single-family homes that have 2 bedrooms and 1 bathroom, a vacant duplex, which is a 2/1 on each side, ready for renovation, and a detached garage with potential for conversion into an additional rental unit. This flexible setup offers a unique blend of current cash flow and future upside—ideal for investors looking to add value through renovation or creative use of space. Whether you're expanding your portfolio or seeking your next project, this property has the fundamentals to deliver.
Details
Maps
Location, Tax, and Legal
Tax Account: 2212115
Parcel Number: 22-35-22-03-00006.0-0007.00
General County Location: North
Elementary School: Coquina
Middle School: Jackson
High School: Titusville
Tax Annual Amount: 3957.05
Tax Year: 2024
Tax Legal Description: INDIAN RIVER CITY DELESPINE GRANT LOT 7 BLK 6
Directions: N on US1 take a Left on Coquina. Property starts on the Right corner of Coquina and Mount Sterling and ends at the corner of Mount Sterling and Cedar.
General Property Information
Number Of Buildings: 5
Number Of Units Total: 4
Stories Total: 1
Bathrooms Half: 0
Living Area: 2766
Living Area Source: Appraiser
Lot Size Acres: 0.31
Lot Size Square Feet: 13504
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Open Parking Spaces: 5
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
List Price/SqFt: 175.34
Bedrooms Total: 8
Year Built: 1951
Remarks and Miscellaneous
Public Remarks: Back on Market!!! Rare opportunity to own a four-parcel property with existing income and strong potential for increased returns. The property includes two tenant-occupied single-family homes that have 2 bedrooms and 1 bathroom, a vacant duplex, which is a 2/1 on each side, ready for renovation, and a detached garage with potential for conversion into an additional rental unit.
This flexible setup offers a unique blend of current cash flow and future upside—ideal for investors looking to add value through renovation or creative use of space. Whether you're expanding your portfolio or seeking your next project, this property has the fundamentals to deliver.
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: Clear Choice Title-Bailie Yoder bailie@myclearchoicetitle.com (321) 222-6220
Closing Company Address: 2400 S Hopkins Ave Ste J, Titusville, FL 32780
Construction Materials
Frame: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Heating
Central: 1
Legal Details
Plat Book #: 1
Listing Terms
Cash: 1
Lot Features
Corner Lot: 1
Other Structures
Shed(s): 1
Possession
Close Of Escrow: 1
Financial Data Source
Property Manager: 1
Income and Expenses
Gross Income: 2300
Owner Pays
Taxes: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: 4275
Actual Rent: 1450
Unit SqFt: 1000
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: lease unit Jan 2026
Unit 2 Details
Unit ID: 4285
Actual Rent: 850
Unit SqFt: 1000
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: Lease in place until Aug.
Unit 3 Details
Unit ID: 4060
Actual Rent: 0
Unit SqFt: 1200
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: Vacant
Unit 4 Details
Unit ID: 4070
Actual Rent: 0
Unit SqFt: 1200
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: Vacant
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $485,000
Original List Price: 515000
List Price: $485,000
Status: Active
Listing Contract Date: 2025-04-21
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 4060
Street Name: Coquina
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32780
MLS Area Major: 103 - Titusville Garden - SR50
Status Change Information
Major Change Timestamp: 2025-08-10T19:05:03Z
Major Change Type: Back on Market
Price Change Timestamp: 2025-06-25T16:52:54Z
Status Change Timestamp: 2025-08-10
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: Frame
Cooling: Central Air
Current Use: Multi-Family; Residential
Financial Data Source: Property Manager
Heating: Central
Listing Terms: Cash
Lot Features: Corner Lot
Other Structures: Shed(s)
Owner Pays: Taxes
Possession: Close Of Escrow
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office: Blue Marlin Real Estate
Last Updated: August - 10 - 2025
Information is deemed to be reliable, but is not guaranteed.