$399,000
Titusville, FL 32780
MLS# 518456
Status: Closed
6056 sqft
1 / 12
Property Description
EXCELLENT INCOME!!!Property contains 3/2, 1962 sq ft house, completely remodeled, stainless steel appliances, and 12 unit motel and a 1250 sq ft free standing building with uses allowable under the BU1 zoning this building could be converted into additional units. Parking lot has new asphault coating and striping also has fee standing office aprox. 200sq ft Perfect opportunity to live and own your own business on the same property.Owner will finance with 25% down.200ft Hwy 1 frontage
Details
Maps
Location, Tax, and Legal
Tax Account: 2301415
Parcel Number: 23-35-12-02-00001.0-0006.02
General County Location: North
Tax Annual Amount: 4972.94
Tax Year: 2012
Tax Legal Description: ATLANTIC COAST REALTY CO SUBD PART OF LOTS 6,7,8,9 AS DES IN ORB 105 PG 481 BLK 1
Directions: st side
General Property Information
Number Of Units Total: 12
Living Area: 6056
Living Area Source: Public Records
Building Area Total: 6056
Lot Size Acres: 1.26
Lot Size Dimensions: 200x275
Lot Size Square Feet: 54886
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 70.01
Sold Price/SqFt: 65.89
Remarks and Miscellaneous
Public Remarks: EXCELLENT INCOME!!!Property contains 3/2, 1962 sq ft house, completely remodeled, stainless steel appliances, and 12 unit motel and a 1250 sq ft free standing building with uses allowable under the BU1 zoning this building could be converted into additional units. Parking lot has new asphault coating and striping also has fee standing office aprox. 200sq ft Perfect opportunity to live and own your own business on the same property.Owner will finance with 25% down.200ft Hwy 1 frontage
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
Management - Live In: 1
Construction Materials
Stucco: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Flooring
Laminate: 1
Tile: 1
Legal Details
Plat Book #: 3
Plat Book Page: 25
Levels
One: 1
Listing Terms
Assumable: 1
Cash: 1
Conventional: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 37200
Gross Scheduled Income: 84852
Net Operating Income: 98174
Operating Expense: 23878
Owner Pays
Cable TV: 1
Electricity: 1
Gas: 1
Grounds Care: 1
Insurance: 1
Janitorial Service: 1
Management: 1
Other Tax: 1
Pest Control: 1
Repairs: 1
Security: 1
Sewer: 1
Taxes: 1
Telephone: 1
Trash Collection: 1
Water: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Water Source
Public: 1
Well: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Showing Considerations
Occupied: 1
Security System: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Zoning: BU1/RU, Source-Other: Y, Source-Broker: Y, Site Location-Major Roadway: Y, Possible Financing-Wrap-Around: Y, Possible Financing-Holding 1st: Y, Expenses Include-Supplies: Y, Expenses Include-Legal/Accounting: Y, Expenses Include-Advertising: Y, Equipment/Appliances-Range: Y, Number of Buildings: 4+ Buildings
Contract Information
Current Price: $399,000
Original List Price: 895000
Sold Price: $399,000
Status: Closed
Listing Contract Date: 2008-08-26
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 7501
Street Direction Prefix: S
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32780
MLS Area Major: 104 - Titusville SR50 - Kings H
Subdivision Name: Atlantic Coast Realty Co Subd
Status Change Information
Major Change Timestamp: 2023-11-13T04:57:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2014-05-22T14:42:05Z
Status Change Timestamp: 2014-08-03
Purchase Contract Date: 2014-07-15
Close Date: 2014-08-01
Close Price: 399000
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer
Association Amenities: Management - Live In
Construction Materials: Stucco
Cooling: Central Air; Wall/Window Unit(s)
Financial Data Source: Owner
Flooring: Laminate; Tile
Levels: One
Listing Terms: Assumable; Cash; Conventional
Owner Pays: Cable TV; Electricity; Gas; Grounds Care; Insurance; Janitorial Service; Management; Other Tax; Pest Control; Repairs; Security; Sewer; Taxes; Telephone; Trash Collection; Water; Other
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Available
Water Source: Public; Well
Showing Considerations: Occupied; Security System
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Florida Properties of Brevard
Last Updated: May - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.