South Street - 6 AC Space Coast Multifamily Development Site

Lee & Associates is pleased to introduce a 6 Acre Multi-Family Development opportunity located in Titusville amid Florida's world renowned and booming Space Coast. The property includes a 6 acre parcel situated with several hundred feet of frontage along South Street just north of Fox Lake Road. The property is zoned R-3 High Intensity, allowing for the development of 15 residential units per acre, presenting a remarkable opportunity for a developer to build up to 90 new apartment units and capitalize on the current high demand for housing in this emerging submarket. Property Survey and CAD file are available upon request.
The site is exceptionally positioned near two main thoroughfares in the City of Titusville, just north of the I-95 Exit at Cheney Hwy. The property benefits from the immediate area's many major retail stores, dining, and shopping options including a Walmart Supercenter, Home Depot, Publix Grocery, Starbucks, Cracker Barrel, Denny's and more. The area not only features a wealth of retail and services but also provides direct access to prominent employers and destinations such as Kennedy Space Center, Port Canaveral, and the area's pristine beaches, offering opportunities in the booming aerospace, aviation, and space-related industries.