🔥💰Titusville R-3 Multifamily Lot | 4-Unit Development Opportunity💎🔥

Attention builders, developers, and land investors! Rare opportunity to acquire an R-3 zoned multifamily development site in Brevard County with city water and sewer available at the street. This infill parcel offers by-right multifamily development potential in an established neighborhood with strong rental demand and limited entitled land inventory.

Property Overview

• 0.28 Acres (12,325 SF)
• Parcel IDs: 22-35-04-00-763 & 22-35-04-00-763.1
• Zoning: R-3 High-Density Residential
• Vacant Land

Financial Overview

• Approx. $36,250 Per Potential Door (4-Unit Scenario)

Development Highlights

• By-right multifamily zoning
• Townhomes, duplexes, quadplexes, apartments, and condos permitted
• City water available
• Electric available
• Cable available
• No well required
• No septic required

Why This Deal Stands Out

One of the biggest development costs on many Brevard County sites is utility infrastructure. This property already has city water and sewer available, potentially saving tens of thousands of dollars compared to rural parcels requiring well and septic installation.

Potential Uses

• Townhome Development
• Duplex Development
• Quadplex Development
• Small Multifamily Project
• Build-to-Rent Strategy
• Long-Term Land Hold

Development Snapshot

• Maximum Density: 15 Units Per Acre
• Maximum Height: 35 Feet
• Approximate Buildable Coverage: 50%
• Established Residential Area
• Infill Development Opportunity

Rental Potential

• Strong Demand for New Housing Product
• Attractive Build-to-Rent Opportunity

Why Investors Will Like This Deal

• Multifamily zoning already in placeNo rezoning risk
• Utilities available at street
• Multiple exit strategies
• Strong Florida growth market
• Limited competing entitled land inventory
• Potential six-figure development upside

This is a rare opportunity to secure an entitled multifamily site with utilities in place and immediate development potential.

NEED HELP MOVING YOUR OWN DEALS? We handle buyer communication, coordinate access and escrow, and offer competitive JV marketing terms, allowing our partners to stay focused on sourcing more inventory.