Royal Villas Townhomes — Sale in Titusville, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Titusville, FL 32780
Photos
Description
Marcus & Millichap, in collaboration with Institutional Property Advisors, is pleased to present Royal Villas Townhomes, a 48-unit, 2007-vintage multifamily community in Titusville, Florida.? Comprised entirely of oversized three-bedroom townhomes, Royal Villas offers spacious residential-scale floorplans and multiple long-term exit strategies within Florida’s rapidly expanding Space Coast economy, where more than $5.5 billion of public and private investment has been announced or approved across Brevard County since the start of 2025 and $4.8+ billion of spaceport investment is forecast over the next five years.? For additional information, please contact our team to learn more about the opportunity.? Investment Highlights: • 48-Unit / 2007-Vintage Townhome Community in Titusville, Florida • 100 Percent Three-Bedroom / 2.5-Bathroom Plus Den Floorplans Averaging 1,658 Square Feet • Oversized Two-Story Floorplans Deliver Residential-Style Living Beyond Conventional Apartment Product • ?Meaningful Mark-to-Market Rent Growth Opportunity With In-Place Occupancy Costs Approximately Nine Percent Below the Comparable Average • ?Located Within a High-Growth Space Coast MSA with 32 Percent Real GDP Growth and Strong In-Migration • More Than $5.5 Billion of Public and Private Investment Announced or Approved Across Brevard County Since the Start of 2025 • More Than $4.8 Billion of Spaceport Investment Forecast Over the Next Five Years • Major Nearby Investment From Lockheed Martin, Blue Origin, SpaceX, Draper and Other Aerospace Employers
Market Context
This multifamily in Titusville, FL is listed for sale. Compare it against other multifamily listings for sale in Titusville, FL — view the full market.
Contact
- Blake Hanlon · (262) 364-1918 · blake.hanlon@marcusmillichap.com
- Mark Peltin · (262) 364-1929 · mark.peltin@marcusmillichap.com
- Matt Prozzillo · (407) 557-3888 · matthew.prozzillo@marcusmillichap.com
- Ben Skinner · (407) 557-3889 · benjamin.skinner@marcusmillichap.com
- Shelton Granade · (407) 557-3870 · sgranade@ipausa.com
- Luke Wickham · (407) 557-3871 · lwickham@ipausa.com
- Justin Basquill · (407) 557-3872 · jbasquill@ipausa.com
- Ryan Nee · (954) 245-3400
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