Lake Drive Terrace Titusville in Titusville

Lake Drive Terrace Titusville
Homes for Sale in Titusville, FL

Community in Titusville · Brevard County
26 homesBuilt 1955–1963
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Photo courtesy of Donna L Sprague, Brevard Property Mgmt & Sales · via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Lake Drive Terrace Titusville Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
69%
Owner-occupied · Lake Drive Terrace Titusville
18 of 26 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · Lake Drive Terrace Titusville
incl. 8% trust or LLC-held · 4% out-of-state
26
Homes in the community
26 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1955
Community established
homes built 1955-1963, median 1958 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lake Drive Terrace is a mid-century pocket in Titusville, built entirely between 1955 and 1963 with a median year of 1958. The 26 homes average 1,891 square feet - larger than typical postwar starter construction - and nearly 70% carry homestead exemptions, indicating owner-occupancy and stability. With one active listing and six months' supply, the market is balanced but thin; pricing and condition spread will be wide in a neighborhood this age, and buyers should expect variability in updates, systems, and layout.

The inventory drought means choice is limited, but competition is manageable. Sellers have a realistic window without the pressure of a hot market; buyers won't face bidding wars but also won't find multiple comps to anchor expectations. In older neighborhoods like this, price is set less by the address than by what's been replaced - roof, HVAC, windows, kitchens. Appraisals will lean heavily on condition and recent sales, so both sides need to adjust for the actual state of the house, not the neighborhood median.

Lake Drive Terrace Titusville Housing Pulse · Momentum Research · as of July 15, 2026

Lake Drive Terrace Titusville right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers who want vintage floor plans and are comfortable evaluating - or budgeting for - mechanical and structural updates in homes built in the 1950s
  • Owner-occupants planning a long hold who value stable, low-turnover blocks and don't need resort-style amenities
  • Renovation-ready buyers with capital and patience to modernize systems and finishes while preserving mid-century bones

Probably not for

  • Buyers seeking turnkey condition with recently updated HVAC, roof, and appliances who don't want to manage deferred maintenance
  • Investors expecting frequent inventory and liquid comps; this is a thin market with long hold times and unpredictable turnover
  • Buyers who need community amenities - pool, clubhouse, HOA services - or want a neighborhood with active resale velocity

The market around Lake Drive Terrace Titusville

Lake Drive Terrace Titusville is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Lake Drive Terrace Titusville specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Lake Drive Terrace Titusville

Live MLS inventory for Lake Drive Terrace Titusville. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Lake Drive Terrace Titusville listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Oak Park · Elementary
  • Madison · Middle
  • Astronaut · High

Zoned schools reflect the assignments reported on recent Lake Drive Terrace Titusville listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Lake Drive Terrace Titusville address.

If we were buying in Lake Drive Terrace Titusville today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Drive Terrace Titusville.

Best Buy
Buyers who value lot size and layout over new construction and can assess deferred maintenance realistically.
Biggest Risk
Age-related systems and deferred maintenance can be expensive; appraisals will be condition-sensitive, and comps are scarce.
Sweet Spot
A renovated or well-maintained 1,900-square-foot home where the major systems are current and the layout works as-is.
Avoid If
You need move-in ready without a renovation budget, or you want neighborhood amenities and community infrastructure beyond the street.

What you're buying: Original bones, variable finish

Every home in Lake Drive Terrace was built in an eight-year span ending in 1963, which means uniform age but wildly different condition. A 1958 house that's been continuously updated - new roof, HVAC, kitchen, baths - will trade at a premium over an untouched original, even if the square footage and lot are identical. The median living area of 1,891 square feet suggests these were built as step-up homes, not starter ranches, with layouts that offered more space than typical postwar construction.

The high homestead share tells you this is a neighborhood where people stay, not a turnover market. That stability can mean deferred maintenance or it can mean pride of ownership; you'll see both. With only one active listing as of mid-July, you're operating in a scarcity environment without being in a frenzy - six months' supply is textbook balance, but when the denominator is this small, one or two closings shift the picture quickly.

No community amenities are listed in current MLS data, which is typical for a neighborhood of this vintage and size. Location value here is proximity - to the Indian River, to NASA's influence on the local economy, to Titusville's infrastructure - not clubhouse perks. Buyers should budget for the condition adjustments that come with any mid-century purchase: plumbing, electrical panel, foundation settling, and the roof. Appraisers and inspectors will focus on these systems, and sellers who've addressed them will command the market.

The location and the amenities are priced into every listing in Lake Drive Terrace Titusville. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 26-home neighborhood with one active listing, the sold comps matter more than what's live, and we pull every comparable in Titusville's mid-century stock to price your offer or list correctly. We know which updates appraisers credit and which don't move the number, and in a market this thin we'll tell you when to walk because condition doesn't justify the ask. Momentum's editorial approach means we never oversell a neighborhood or a house - we show you what sets price here, what the inspection will flag, and whether the bones are worth the bid.

Lake Drive Terrace Titusville in 15 seconds.

Best forBuyers who value lot size and layout over new construction and can assess deferred maintenance realistically.
Biggest advantageGenuine mid-century character at a median size larger than most postwar inventory, with high owner-occupancy and no speculative churn.
Biggest riskAge-related systems and deferred maintenance can be expensive; appraisals will be condition-sensitive, and comps are scarce.
Sweet spotA renovated or well-maintained 1,900-square-foot home where the major systems are current and the layout works as-is.
Avoid ifYou need move-in ready without a renovation budget, or you want neighborhood amenities and community infrastructure beyond the street.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Drive Terrace Titusville sales matched to your home.

What is your Lake Drive Terrace Titusville home worth?

Get a no-obligation home value based on real comparable sales in Lake Drive Terrace Titusville, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Lake Drive Terrace Titusville on the map →

Real comps, not an automated estimate.

Lake Drive Terrace Market Scorecard

Buyer-Leaning Market (limited data)

Lake Drive Terrace is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $265,000.

6.0
Months supply
$265,000
Median list
$252,500
Median sold
$144
Per sqft
n/a
Days on mkt
1/0/2
Active/Pend/Sold

Typical home value in the 32796 ZIP is $275,321, about 18.3% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Lake Drive Terrace Titusville a buyer's or seller's market right now?
As of July 15, 2026, Lake Drive Terrace Titusville is roughly balanced: 6.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Lake Drive Terrace Titusville?
The Florida DOR 2025 assessment roll shows 26 homes in Lake Drive Terrace Titusville (public records).
What share of Lake Drive Terrace Titusville is owner-occupied?
69% of Lake Drive Terrace Titusville parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Drive Terrace Titusville built?
Homes in Lake Drive Terrace Titusville were built between 1955 and 1963, with a median year built of 1958 (FL DOR 2025 roll).
Who is the best real estate agent for Lake Drive Terrace Titusville?
The best agent for Lake Drive Terrace Titusville is one who actively works Titusville and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Lake Drive Terrace Titusville.
How do I find a top Titusville real estate agent who knows Lake Drive Terrace Titusville?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lake Drive Terrace Titusville and the wider Titusville area.
Can Momentum Realty connect me with an agent for Lake Drive Terrace Titusville?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Drive Terrace Titusville purchase or sale - no call center and no pressure.
Buyers who want vintage floor plans and are comfortable evaluating - or budgeting for - mechanical and structural updates in homes built in the 1950sExcellent fit
Owner-occupants planning a long hold who value stable, low-turnover blocks and don't need resort-style amenitiesExcellent fit
Renovation-ready buyers with capital and patience to modernize systems and finishes while preserving mid-century bonesExcellent fit
Buyers seeking turnkey condition with recently updated HVAC, roof, and appliances who don't want to manage deferred maintenanceProbably not
Investors expecting frequent inventory and liquid comps; this is a thin market with long hold times and unpredictable turnoverProbably not
Buyers who need community amenities - pool, clubhouse, HOA services - or want a neighborhood with active resale velocityProbably not

Nearby Communities

Explore more neighborhoods near Lake Drive Terrace Titusville with Momentum Realty’s local guides.

BTBaymeadows TitusvilleTitusville, FL · 0.5 miCPCircle Park TitusvilleTitusville, FL · 0.5 miGSGardendale Subd TitusvilleTitusville, FL · 0.6 miFHForest Hills Estates TitusvilleTitusville, FL · 0.6 miGHGarden Heights TitusvilleTitusville, FL · 0.8 miLHLuna Heights TitusvilleTitusville, FL · 1.0 miBTBrookshire TitusvilleTitusville, FL · 1.2 miWOWhispering Oaks TitusvilleTitusville, FL · 1.2 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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