1820 S Park Ave · Titusville, FL 32780

$205,000

2 bd · 2.0 ba · 1,328 sqft · Townhouse public records · 27 Days on market

Built 1979 1,742 sqft lot $160/mo HOA · 9% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.0/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• 1% rule +3.8/10.0
• DSCR +3.6/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this move in ready townhome. You will enter into a spacious living area with a newly updated kitchen as well as a half bath downstairs with a washer and dryer and ample storage in the crawl space under the stairs. Upstairs, you'll find two generously sized bedrooms one with its own en-suite bathroom, providing privacy and convenience as well as another full bath in the hall. The master suite features access to a private balcony, where you can enjoy your morning coffee or unwind after a long day while taking in the serene views of the neighborhood. Located in the heart of Titusville, this home offers easy access to shopping, dining, entertainment, and outdoor recreation options. With its move-in ready condition and prime location, this townhouse won't last long. Schedule your showing today and make this your new home sweet home! Kitchen remodeled 2024, flat roof re sealed 2024, shingle roof replaced 2019

Key facts

• Updated courtyard
• Convenient half bath
• Corner unit townhome

Tags

• CORNER UNIT TOWNHOME
• UPDATED COURTYARD
• WATCH LAUNCHES FROM BALCONY
• CONVENIENT HALF BATH
• INDOOR WASHER AND DRYER
• ADDITIONAL STORAGE SPACE

Property features AI

Finance

• Other: Corner lot on a dead-end street; Asphalt road access
• HOA & community: Part of Tennis Village association; Monthly association fee of $160; Association amenities include tennis court(s); Association fee includes cable TV, internet, and grounds maintenance

Exterior

• Parking: Assigned parking
• Utilities: Public sewer; Cable available; Electricity available; Water available
• Home design: Townhouse; Faces northeast; Single-family use
• Construction: Concrete construction
• Exterior features: Balcony; Courtyard; Covered front porch; Porch; Wood fencing

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 bathrooms (2 full, 1 half)
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan
• Laundry & utility: In-unit washer and dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath townhouse listed at $205k.

Deal economics

• At list price, monthly cash flow is $-48 ($-571/yr) — negative.
• To cash-flow at today's rent, offer at most $197k (4.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (11.8% below list).
• Recommended offer: $181k (11.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 84/100 on livability (#42 in FL, #668 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D, employment D.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Apollo Elementary School (math 47% / reading 51%, grade D, #1,134 of 2,144 statewide, top 54%, 730 students, 68% FRL); Andrew Jackson Middle School (math 52% / reading 47%, grade C, #259 of 571 statewide, top 46%, 551 students, 58% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL) — zoned schools average 60% FRL vs 43% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.3%/yr); 462 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 32% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $180,811 (11.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.01%
• Cash-on-cash: -1.00%
• DSCR: 0.96
• GRM: 9.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.29% rent growth · sell at horizon

5-year hold

• IRR: -19.9%
• Equity multiple: 0.32×
• Total profit: $-39,247
• Equity at exit: $30,566

10-year hold

• IRR: -17.1%
• Equity multiple: 0.13×
• Total profit: $-49,949
• Equity at exit: $17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32780

• Rents YoY: 1.3%
• Active inventory: 462
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,808 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$156 /mo · $1,867/yr
• Insurance: −$85
• HOA: −$160
• Vacancy / Maint / Mgmt: −$380
• Net cashflow: $-48

Break-even live

Break-even rent $1,868

Max offer price $196,589

Occupancy floor 98%

Sensitivity live

Price	-10% $68	-5% $10	+0% $-48	+5% $-106	+10% $-164
Rent	-10% $-190	-5% $-119	+0% $-48	+5% $24	+10% $95
Rate	-1.0pp $56	-0.5pp $5	base $-48	+0.5pp $-101	+1.0pp $-155

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1696 S Park Ave Titusville, FL	2.0	2.5	1300	$1,850	$1.42	24d	1	0.11mi
1965 Dipol Courtway Titusville, FL	3.0	2.5	1669	$1,775	$1.06	24d	1	0.14mi
2408 Devonswood Rd Titusville, FL	3.0	2.0	1310	$2,100	$1.60	24d	1	0.61mi
1885 White Sands Dr Titusville, FL	3.0	2.0	1800	$2,400	$1.33	15d	1	0.74mi
1640 Elizabeth Ave Titusville, FL	3.0	2.0	1319	$2,100	$1.59	24d	1	0.78mi
1735 Harrison St #231 Titusville, FL	2.0	2.0	915	$1,700	$1.86	19d	1	0.78mi
3433 Joe Murell Dr Titusville, FL	2.0	1.5	1088	$1,500	$1.38	24d	1	0.94mi
1590 S Deleon Ave Titusville, FL	3.0	1.0	1072	$1,600	$1.49	24d	1	0.95mi
3165 South St Titusville, FL	2.0	2.0	928	$1,695	$1.83	24d	1	0.96mi
1023 S Park Ave Titusville, FL	2.0–3.0	2.0	1002	$1,210	$1.21	14d	1	1.01mi
3136 Finsterwald Dr Titusville, FL	2.0	2.5	1280	$2,000	$1.56	24d	1	1.06mi
1049 Macon Dr Titusville, FL	3.0	2.0	1865	$2,200	$1.18	24d	1	1.07mi
2511 Country Club Dr Unit B118 Titusville, FL	2.0	1.5	1075	$1,200	$1.12	24d	1	1.08mi
1279 Macon Dr Titusville, FL	3.0	2.0	1620	$2,000	$1.23	24d	1	1.10mi
919 Macon Dr Titusville, FL	3.0	2.0	1620	$2,000	$1.23	24d	1	1.18mi
888 Macon Dr Titusville, FL	3.0	2.0	1865	$2,000	$1.07	24d	1	1.19mi
513 Warren St Unit 513 Titusville, FL	2.0	1.0	1410	$1,480	$1.05	24d	1	1.32mi
3535 Nicklaus Dr Titusville, FL	3.0	2.0	1709	$1,895	$1.11	24d	1	1.36mi
1209 Country Club Dr Titusville, FL	2.0	2.0	935	$1,700	$1.82	24d	1	1.38mi
1237 Country Club Dr Titusville, FL	2.0	2.0	970	$1,600	$1.65	24d	1	1.38mi
2605 S Park Ave Titusville, FL	3.0	2.5	1525	$1,950	$1.28	24d	1	1.39mi
2965 La Cita Ln Titusville, FL	3.0	2.0	1456	$2,200	$1.51	15d	1	1.41mi
1795 S Lilac Cir Titusville, FL	3.0	2.0	1584	$2,000	$1.26	24d	1	1.43mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,200	$1.69	24d	1	1.45mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,300	$1.76	15d	1	1.45mi
1099 Country Club Dr #811 Titusville, FL	2.0	2.0	940	$1,800	$1.91	24d	1	1.46mi
680 Birchwood Ln Titusville, FL	3.0	2.0	1440	$1,900	$1.32	24d	1	1.46mi

HOA detail

• Monthly dues: $160 · $1,920/yr

Listing history 33 events

1. 2026-06-18
   days on market $205,000 Active 27 DOM
2. 2026-06-17
   days on market $205,000 Active 26 DOM
3. 2026-06-16
   days on market $205,000 Active 25 DOM
4. 2026-06-15
   days on market $205,000 Active 24 DOM
5. 2026-06-14
   days on market $205,000 Active 22 DOM
6. 2026-06-10
   days on market $205,000 Active 19 DOM
7. 2026-06-08
   days on market $205,000 Active 17 DOM
8. 2026-06-07
   days on market $205,000 Active 16 DOM
9. 2026-06-05
   days on market $205,000 Active 13 DOM
10. 2026-06-03
    days on market $205,000 Active 12 DOM
11. 2026-06-02
    pricedays on market $205,000 Active 11 DOM
12. 2026-06-01
    days on market $210,000 Active 10 DOM
13. 2026-05-31
    days on market $210,000 Active 9 DOM
14. 2026-05-31
    days on market $210,000 Active 8 DOM
15. 2026-05-22
    listed $210,000 Active
16. 2024-04-15
    soldstatus $203,000
17. 2024-04-11
    soldstatus $203,000 Closed 935-char remark

    Show marketing remark (935 chars)

    Welcome home to this move in ready townhome. You will enter into a spacious living area with a newly updated kitchen as well as a half bath downstairs with a washer and dryer and ample storage in the crawl space under the stairs. Upstairs, you'll find two generously sized bedrooms one with its own en-suite bathroom, providing privacy and convenience as well as another full bath in the hall. The master suite features access to a private balcony, where you can enjoy your morning coffee or unwind after a long day while taking in the serene views of the neighborhood. Located in the heart of Titusville, this home offers easy access to shopping, dining, entertainment, and outdoor recreation options. With its move-in ready condition and prime location, this townhouse won't last long. Schedule your showing today and make this your new home sweet home! Kitchen remodeled 2024, flat roof re sealed 2024, shingle roof replaced 2019

18. 2024-03-08
    status Pending 935-char remark

    Show marketing remark (935 chars)

    Welcome home to this move in ready townhome. You will enter into a spacious living area with a newly updated kitchen as well as a half bath downstairs with a washer and dryer and ample storage in the crawl space under the stairs. Upstairs, you'll find two generously sized bedrooms one with its own en-suite bathroom, providing privacy and convenience as well as another full bath in the hall. The master suite features access to a private balcony, where you can enjoy your morning coffee or unwind after a long day while taking in the serene views of the neighborhood. Located in the heart of Titusville, this home offers easy access to shopping, dining, entertainment, and outdoor recreation options. With its move-in ready condition and prime location, this townhouse won't last long. Schedule your showing today and make this your new home sweet home! Kitchen remodeled 2024, flat roof re sealed 2024, shingle roof replaced 2019

19. 2024-03-06
    listed $203,000 Active 935-char remark

    Show marketing remark (935 chars)

    Welcome home to this move in ready townhome. You will enter into a spacious living area with a newly updated kitchen as well as a half bath downstairs with a washer and dryer and ample storage in the crawl space under the stairs. Upstairs, you'll find two generously sized bedrooms one with its own en-suite bathroom, providing privacy and convenience as well as another full bath in the hall. The master suite features access to a private balcony, where you can enjoy your morning coffee or unwind after a long day while taking in the serene views of the neighborhood. Located in the heart of Titusville, this home offers easy access to shopping, dining, entertainment, and outdoor recreation options. With its move-in ready condition and prime location, this townhouse won't last long. Schedule your showing today and make this your new home sweet home! Kitchen remodeled 2024, flat roof re sealed 2024, shingle roof replaced 2019

20. 2019-07-23
    soldstatus $110,000
21. 2019-06-21
    soldstatus $110,000 817-char remark

    Show marketing remark (817 chars)

    Own a townhome with comparable square footage to a single family home but with a fraction of the cost or maintenance!This end unit has 1/2 Bath on first floor and 2 generously sized bedrooms and 2 full baths on second floor. Roof was replaced in 2014. Air conditioning system and fence were replaced in 2017! Sliding Glass doors off of Kitchen and Living Room open to private courtyard. Upstairs, both bedrooms have sliding glass doors which open to second story balcony. Master features generously sized walk in closet and full bathroom with shower. Association dues here are some of the most reasonable in town at $119/month which includes cable and internet. Beautiful Swimming Pool and Tennis Courts compliment well maintained grounds within this HOA. Centrally located! Don't miss this opportunity! opportunity!

22. 2019-05-15
    listed $116,000 817-char remark

    Show marketing remark (817 chars)

    Own a townhome with comparable square footage to a single family home but with a fraction of the cost or maintenance!This end unit has 1/2 Bath on first floor and 2 generously sized bedrooms and 2 full baths on second floor. Roof was replaced in 2014. Air conditioning system and fence were replaced in 2017! Sliding Glass doors off of Kitchen and Living Room open to private courtyard. Upstairs, both bedrooms have sliding glass doors which open to second story balcony. Master features generously sized walk in closet and full bathroom with shower. Association dues here are some of the most reasonable in town at $119/month which includes cable and internet. Beautiful Swimming Pool and Tennis Courts compliment well maintained grounds within this HOA. Centrally located! Don't miss this opportunity! opportunity!

23. 2016-08-16
    historical
24. 2010-11-08
    soldstatus $63,000
25. 2010-11-05
    soldstatus $63,000
26. 2010-07-26
    listed $66,500
27. 2010-04-23
    soldstatus $19,000
28. 2010-02-17
    listed $19,900
29. 2007-01-06
    listed $142,900
30. 2005-06-20
    soldstatus $105,000
31. 1998-07-08
    soldstatus $45,000
32. 1986-05-01
    soldstatus $54,000
33. 1979-08-01
    soldstatus $8,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,867 · $156/mo
• Projected year-2 tax: $1,867 · $156/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,697
• − Mortgage interest: −$11,483
• − Property taxes: −$1,867
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,736
• − Management: −$1,736
• − HOA: −$1,920
• − Depreciation: −$5,964
• Taxable loss: −$4,033
• Est. tax savings @ 24.0%: +$968
• After-tax cash flow: $396/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Titusville

• Score: 84/100
• State rank: #42
• US rank: #668

Category grades

Amenities B- Commute A+ Cost of living A+ Crime D Employment D Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Titusville, FL
• County: Brevard County · 602,871 people
• City population: 60,286
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 40,064
• Household income: $67,690
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1141.0

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 8% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -162.54%
• Current HPI: 297.151
• Rent YoY: ▲ 1.29%
• Metro: Palm Bay-Melbourne-Titusville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2525.0% since first listed

19 events — show timeline

• 2026-05-22 Listed $210,000 SCMLS
• 2024-04-15 Sold (Public Records) $203,000 Public Records
• 2024-04-11 Sold (MLS) $203,000 SCMLS
• 2024-03-08 Pending — SCMLS
• 2024-03-06 Listed $203,000 SCMLS
• 2019-07-23 Sold (Public Records) $110,000 Public Records
• 2019-06-21 Sold (MLS) $110,000 SCMLS
• 2019-05-15 Listed $116,000 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2010-11-08 Sold (Public Records) $63,000 Public Records
• 2010-11-05 Sold (MLS) $63,000 SCMLS
• 2010-07-26 Listed $66,500 SCMLS
• 2010-04-23 Sold (MLS) $19,000 Stellar MLS as Distributed by MLS Grid
• 2010-02-17 Listed $19,900 Stellar MLS as Distributed by MLS Grid
• 2007-01-06 Listed $142,900 SCMLS
• 2005-06-20 Sold (Public Records) $105,000 Public Records
• 1998-07-08 Sold (Public Records) $45,000 Public Records
• 1986-05-01 Sold (Public Records) $54,000 Public Records
• 1979-08-01 Sold (Public Records) $8,000 Public Records

Property tax history

+14.0%/yr

Latest (2025): $1,867 · -24.5% YoY. Source: county tax records.