Vacant Mulit-Family Land
Land | 1.63 acres
Marketing description
Excellent Multifamily Development Opportunity
Discover 1.63 acres of prime residential development land at the northwest corner of Harrison Street and Deleon Avenue in Titusville, FL. Zoned R-3 High Density Multifamily, the property allows for the development of up to 24 residential units, making it an ideal site for apartments, townhomes, or other residential projects. With utilities available to the site and no known wetlands, development is streamlined and cost-efficient. Positioned near U.S. 1, downtown Titusville, and surrounding residential neighborhoods, this site is perfectly situated to capitalize on the city’s steady growth and demand for housing and services.
Prime Titusville Location
Ideally positioned at the northwest corner of Harrison Street and Deleon Avenue, this 1.63-acre site offers excellent visibility and accessibility in the heart of Titusville. The property benefits from close proximity to U.S. 1, downtown Titusville, and key community amenities including schools, parks, and shopping centers. Its convenient location and strong surrounding growth make it well-suited for a variety of commercial or residential uses.
Major Employment & Investment Catalysts:
• Lockheed Martin expansion: A major new advanced manufacturing facility in Titusville is bringing significant capital investment and hundreds of high-wage aerospace and defense jobs to the market.
• Amazon planned warehouse: Amazon has announced plans for a new warehouse facility near VectorSpace, reinforcing Titusville’s growing role in logistics and aerospace-adjacent operations.
• Blue Origin growth: Blue Origin is actively leasing and expanding industrial space along Grissom Parkway, adding skilled jobs and increasing local housing demand.
Why This Supports Multifamily:
✔ Expanding base of high-income aerospace, defense, and logistics employees
✔ Growing industrial and employment corridors driving sustained rental demand
✔ Limited new multifamily supply relative to accelerating job growth
Location Advantage:
Centrally located near Grissom Parkway, VectorSpace, and Kennedy Space Center — offering convenient access to Titusville’s fastest-growing employment hubs.
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