Buying or selling? Call (904) 351-6461
Lake Drive Terrace in Titusville

Lake Drive
Terrace

Established north Titusville neighborhood · near the Indian River · Brevard County · ZIP 32796 (verify)

An established, waterfront-adjacent north Titusville neighborhood near the Indian River, where the individual home and lot drive value.

Near the Indian RiverNorth TitusvilleHome-by-home value
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is an established, mixed-vintage neighborhood near the Indian River with reportedly mixed property types, so type, condition, lot, and flood zone decide where a specific home trades. Verify each home before you offer.
Free · No obligation
Unlock Off-Market Lake Drive Terrace

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$252K
Median Price
6mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$144/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Lake Drive Terrace is an established residential neighborhood in north Titusville, Brevard County, set within the 32796 area near the Indian River. The appeal is a settled, established setting close to the waterfront, US-1, and the North Brevard aerospace and spaceport economy that anchors Titusville. The trade-off is that this is a mature, mixed-vintage neighborhood rather than a uniform builder subdivision, with reporting indicating an older housing stock and, in places, some manufactured or mobile homes alongside site-built single-family homes, so property type should be confirmed per parcel. Lake Drive Terrace is minimally walkable, so a car is part of daily life, and proximity to the river and any lower-lying ground means flood zone and insurance should be checked carefully on every home. For buyers who do the diligence on the specific property, the established, waterfront-adjacent north Titusville location near a growing aerospace job base is a real asset. The read here is the individual home, its property type, condition, lot, flood zone, and how close it actually sits to the water, all confirmed before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Lake Drive Terrace market snapshot (as of June 17, 2026): the median sale price is about $252K ($144 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Space Coast MLS data.

Lake Drive Terrace is an established residential neighborhood in north Titusville, Brevard County, Florida, in the 32796 area near the Indian River. It sits within easy reach of the Titusville riverfront, US-1, and the North Brevard aerospace job base, which anchors its appeal.

Because this is a mature neighborhood rather than a single builder subdivision, vintages, condition, lots, and property types vary from one home to the next. Reporting indicates an older housing stock with some manufactured or mobile homes alongside site-built single-family homes, so property type is something to confirm for a specific parcel, and careful inspection and comparison matter more here than in a uniform community.

The location is the constant: a north Titusville address near the Indian River, with reasonable access to US-1, I-95, SR 405 to the spaceport, and the riverfront parks. Confirm the City of Titusville water and sewer setup for a specific parcel.

Because the neighborhood sits near the Indian River, the flood zone and insurance picture deserve close attention on every home, alongside the usual diligence on property type, condition, any deed restrictions, and the zoned schools. The read is the individual home, not a neighborhood average. Confirm every detail before you offer.

Quick Match

Who Lake Drive Terrace is best for.

Best for

  • Buyers who want an established north Titusville neighborhood near the Indian River
  • Buyers who value quick access to US-1 and the riverfront
  • Buyers drawn to the North Brevard aerospace and spaceport job base
  • Investors and owner-occupants comfortable comping a specific home and property type

Probably not for

  • Buyers who want new construction and a uniform subdivision
  • Buyers who want a highly walkable, amenity-rich neighborhood
  • Buyers who want a guaranteed direct riverfront lot without verifying each home
  • Buyers unwilling to check property type, flood, condition, and restrictions per home
Market Pulse

How Lake Drive Terrace is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
6Months of supplytight
72Median days on marketdays
0 : 1Under contract vs for salestrong demand
2Sold in last 12 monthsliquidity
+30%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Lake Drive Terrace listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Lake Drive Terrace buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Lake Drive Terrace

Live MLS inventory for Lake Drive Terrace. 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.

2625 Garden Street home for sale in Lake Drive TerraceActiveTop listing
$265,000
3 bd · 1.5 ba · 1,414 sqft · built 1961
2625 Garden Street, Titusville, 32796
RenovatedBest value
Listed by Brevard Property Mgmt & Sales

Active and pending Lake Drive Terrace listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Lake Drive Terrace on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The established, waterfront-adjacent north Titusville location is the point: US-1, the riverfront, and the spaceport job base are all close, with I-95 and Orlando a reasonable drive.

Drive times from Lake Drive Terrace. The north Titusville location near the Indian River puts US-1, the riverfront, and the spaceport within reach.

Titusville riverfront parks~5 to 10 min · Indian River waterfront and Space View Park
US-1 corridor~2 to 6 min · main north-south route
Kennedy Space Center / spaceport area~15 to 25 min · via SR 405 across the river
I-95 access~8 to 15 min · highway access west of the city
Cocoa and SR 520~22 to 30 min · south via US-1
Orlando (via SR 50 / SR 528)~50 to 70 min · west to Orlando metro

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Lake DriveTerrace with Momentum Realty’s local guides.

Shady PineTownhousesShady PineTownhousesTitusville, FL · 0.3 miIndian OaksIndian OaksTitusville, FL · 0.3 miFox Lake HammockFox Lake HammockTitusville, FL · 0.5 miSherwood ForestSherwood ForestTitusville, FL · 0.6 miSherwoodForestSherwoodForestTitusville, FL · 0.6 miCircleParkCircleParkTitusville, FL · 0.6 miLuna HeightsLuna HeightsTitusville, FL · 0.6 miOrangeHeightsOrangeHeightsTitusville, FL · 0.8 miSherwoodEstatesSherwoodEstatesTitusville, FL · 0.9 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Lake Drive Terrace (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Lake Drive Terrace is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

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

The takeaway

What is actually shaping value around Lake Drive Terrace and Titusville, sourced and dated. We do not publish rumor.

Recent Developments in Lake Drive Terrace

Development Intelligence

Our read on what is being built around Lake Drive Terrace, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is an established, waterfront-adjacent north Titusville neighborhood near a growing aerospace and spaceport job base, where the individual home, its property type, condition, and its flood and location read drive outcomes more than any neighborhood average. Watch the Lockheed Martin expansion and Titusville investment, and confirm the specific home's property type, flood zone, condition, and restrictions before you offer.

Lockheed Martin $140 million Titusville facility

2025-2027
BullishMajor impact
SignificanceRadius: City

A major advanced-manufacturing facility adding hundreds of high-wage jobs strengthens the Titusville job base and supports long-term housing demand near the city.

Record Space Coast launch activity and spaceport investment

2025-2026
BullishMajor impact
SignificanceRadius: Region

Record launch cadence and sustained spaceport investment underpin North Brevard's aerospace economy, a structural positive for Titusville neighborhoods.

Titusville redevelopment and mixed-use projects

2025-2026
BullishNotable impact
SignificanceRadius: City

Redevelopment activity in and around Titusville supports location value for established neighborhoods near the city and riverfront.

Indian River proximity and flood-zone diligence

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Proximity to the Indian River means flood zone and insurance vary by parcel and should be confirmed on every home before you offer.

Mixed property types in an established neighborhood

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Reported site-built and manufactured homes mean property type, financing, and value differ home by home; confirm the type and any land arrangement per parcel.

Riverfront and US-1 location demand

Ongoing
BullishRoutine impact
SignificanceRadius: Community

Quick access to US-1, the riverfront, and the spaceport keeps established north Titusville neighborhoods in steady demand.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Lake Drive Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. February 2025
    Jobs

    Lockheed Martin announces $140 million Titusville expansion

    The Economic Development Commission of Florida's Space Coast announced Lockheed Martin's $140 million, 225,000-square-foot advanced manufacturing facility in Titusville, projected to add up to 300 jobs at an average wage near $89,000, with operations anticipated in 2027. Why it matters: A major high-wage employer expansion strengthens the Titusville job base and supports long-term housing demand. Verify the project's status and timeline before relying on it. Source

  2. 2025
    Economy

    Titusville advances economic development amid record launch activity

    The City of Titusville continued advancing economic development initiatives in 2025 alongside record Space Coast launch activity and sustained aerospace and spaceport investment across North Brevard. Why it matters: A strengthening aerospace job base underpins housing demand in Titusville. Verify the current status of any specific initiative. Source

Development alerts for Lake Drive TerraceGet a short monthly email when something new is approved, funded, or opens near Lake Drive Terrace.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Lake Drive Terrace buying strategy.

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

1

Confirm the property type first. The area reportedly mixes site-built and manufactured homes, which changes financing, insurance, and value.

2

Verify the flood zone and insurance for the specific parcel, since the neighborhood sits near the Indian River.

3

Inspect the specific home carefully. Older vintages and varied condition mean the inspection drives the decision.

4

Comp by condition, lot, and property type, not by average. A renovated site-built home and a manufactured home are very different values here.

5

Compare with another established Titusville neighborhood like Country Club Heights on price and location.

The Quick Decision
Best Buy
A well-kept, financeable site-built home with documented updates on a solid lot near the water, priced to its real condition and flood picture.
Biggest Risk
Overpaying for a home that needs more work than it shows, misjudging the property type, or underbudgeting flood insurance on a riverfront-adjacent parcel.
Best Lot
Higher, well-drained lots closer to the water carry appeal; lower-lying parcels or homes with property-type uncertainty are where to negotiate.
Smart Timing
With the aerospace job base growing, well-priced established Titusville homes draw interest, so a prepared buyer who has done the property-type, flood, and condition diligence has leverage on the right home.
Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Lake Drive Terrace is an established residential neighborhood in north Titusville, Brevard County, in the 32796 area near the Indian River. It sits within easy reach of the Titusville riverfront, US-1, and the North Brevard aerospace and spaceport job base. Reporting indicates an older housing stock with some manufactured or mobile homes alongside site-built single-family homes, so property type, financing, and any land arrangement should be confirmed per parcel. Proximity to the Indian River makes flood-zone and insurance diligence essential. Confirm the property type and condition, any HOA, lease, or deed restrictions, the flood zone and insurance, the City of Titusville water and sewer setup, and the school assignment by address with Brevard Public Schools, since details change.

Lake Drive Terrace Homes For Sale

What your money buys in Lake Drive Terrace.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Lake Drive Terrace today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Value: entry homes, fixers, and manufactured homes
$155K to $155K

Older homes, properties needing updates, and reported manufactured homes, popular with budget buyers and investors. The value end. Confirm property type and current pricing on the live listings below.

Lowest entry
Core: updated single-family
$155K to $350K

Renovated or well-kept site-built single-family homes, the move-in core of the neighborhood. Confirm current pricing on the live listings below.

Most inventory
Top: better-located or water-proximate homes
$350K to $350K

Improved homes on stronger lots or closer to the Indian River, the top of the local range. Condition, lot, and location separate these most.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings
What Your Money Buys

What ~$252K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$155K to $155K
Value: entry homes, fixers, and manufactured homes
Older homes, properties needing updates, and reported manufactured homes, popular with budget buyers and investors. The value end. Confirm property type and current pricing on the live listings below.
$155K to $350K
Core: updated single-family
Renovated or well-kept site-built single-family homes, the move-in core of the neighborhood. Confirm current pricing on the live listings below.
$350K to $350K
Top: better-located or water-proximate homes
Improved homes on stronger lots or closer to the Indian River, the top of the local range. Condition, lot, and location separate these most.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Lake Drive Terrace, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Proprietary Data

The renovation premium.

Renovated-listing inventory in Lake Drive Terrace is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Lake Drive Terrace holds value.

Our read on the factors that protect resale here, and the one to manage.

Waterfront-adjacent north Titusville locationStrong
Quick US-1 and riverfront access near the job baseStrong
No mandatory HOA on most parcelsPositive
Flood zone and insurance vary by parcelVerify it
Mixed property types and older conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Lake Drive Terrace

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Lake Drive Terrace1

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Lake Drive Terrace2

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Lake Drive Terrace3

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Lake Drive Terrace4

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Lake Drive Terrace5

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Lake Drive Terrace is easy to like on its established, waterfront-adjacent north Titusville location, and easy to mis-buy on property type, condition, or flood cost. The deal is won or lost on the individual home, its property type, its lot, its condition, and its flood picture, not the neighborhood average.

Jon Brooks · Founder, Momentum Realty
Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

6.8B- · Buy Score
Resale Strength6.9/10
Renovation Risk6.2/10
Location Efficiency7.6/10
Long-Term Defensibility6.7/10
Carrying Cost Advantage7.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Lake Drive Terrace is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.
About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Higher, well-drained lots closer to the water carry appeal
  • Updated, financeable site-built homes command the top of the range
  • Fixers and manufactured homes are the value and negotiation zone
  • Lower-lying parcels and higher flood zones carry a discount
  • Comp by property type, condition, lot, and location, not by average

In Lake Drive Terrace, value is driven by the individual home, its property type, its lot, and its proximity to the Indian River more than by a neighborhood average. Updated, financeable site-built homes and higher lots closer to the water carry appeal, while manufactured homes, fixers, and lower-lying parcels are where the negotiating room lives. Because vintages, condition, and property types vary, comp a home against similar homes of the same type and condition rather than against the area at large. The established, waterfront-adjacent north Titusville setting near a growing aerospace job base is the constant that supports value across the neighborhood.

The 15-Second Verdict

Lake Drive Terrace in 15 seconds.

Best forBuyers who want an established north Titusville neighborhood near the Indian River, with home-by-home value.
Biggest advantageA waterfront-adjacent location near US-1, the riverfront, and a growing aerospace and spaceport job base.
Biggest riskMixed property types, older condition, and flood-zone cost on a mature, riverfront-adjacent housing stock. Verify each per home.
Sweet spotA well-kept, financeable site-built home on a solid lot near the water, priced to its real condition and flood picture.
Avoid ifYou want new construction, a uniform subdivision, high walkability, or a guaranteed direct riverfront lot without checking each home.

HOA, CDD & Fees

15-Second Take
  • Confirm HOA, lease, or deed restrictions per home
  • No single community-wide fee to assume
  • Verify the property type before you offer
  • Check the flood zone and insurance per parcel
  • Confirm City of Titusville water and sewer

Many established Titusville neighborhoods have no mandatory HOA, but some parcels may carry deed restrictions, and a manufactured home could involve a land-lease arrangement. Confirm any HOA, lease, deed restrictions, or fees for the specific property before you offer, since there is no single community-wide fee to assume.

Where there is no mandatory HOA, there is generally no bundled amenity or service fee, and owners handle their own upkeep. Confirm the exact arrangement and any restrictions or lease for a specific home.

There is no community clubhouse or shared amenity set typical of this established neighborhood. The appeal is the waterfront-adjacent north Titusville location, not bundled amenities. Verify any restrictions per parcel.

Run Your Numbers

Tools for a Lake Drive Terrace buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Lake Drive Terrace.Save Our HomesProject your homestead tax cap over time.
The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Lake Drive Terrace

Price it to the home's real property type, condition, lot, and location, and market the waterfront-adjacent setting.

If you are selling in Lake Drive Terrace, the right list price comes from comparable sales matched to your home's property type, condition, lot, and proximity to the water, not a neighborhood average. Documenting updates and presenting the home honestly is what wins.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Lake Drive Terrace, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Country Club Heights, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Lake Drive Terrace home worth?

Get a no-obligation home value based on real comparable sales in Lake Drive Terrace matched to your condition, lot, and view, 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 on the map →
Or get your Lake Drive Terrace home value & selling guide →

Real comps, not a Zestimate.

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 $272,311, about 18.7% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Lake Drive Terrace?
Lake Drive Terrace is an established residential neighborhood in north Titusville, Brevard County, Florida, in the 32796 area near the Indian River, a short distance from US-1 and the Titusville riverfront. Verify the exact ZIP and location for a specific address.
What kind of homes are in Lake Drive Terrace?
A mix of established single-family homes of varying vintages and condition, and reportedly some manufactured or mobile homes. Because property type and condition vary, confirm the type and inspect the specific property before you offer.
Is Lake Drive Terrace on the water?
The neighborhood sits near the Indian River in north Titusville, and proximity varies by home. Some lots are closer to the water than others, so confirm how close a specific home actually sits and whether it has any view before you offer.
Does Lake Drive Terrace have an HOA?
Many established Titusville neighborhoods have no mandatory HOA, but some parcels may carry deed restrictions, and a manufactured home could involve a land-lease. Confirm any HOA, lease, deed restrictions, or fees for the specific property before you offer.
Do I need flood insurance in Lake Drive Terrace?
Because the neighborhood sits near the Indian River, flood zone and insurance vary by parcel and can be a meaningful cost. Pull the FEMA flood map and quote insurance for the specific home before you decide what it is worth.
How close is Lake Drive Terrace to the spaceport and aerospace jobs?
The Kennedy Space Center and spaceport area are roughly 15 to 25 minutes via SR 405, and major aerospace employers including a new Lockheed Martin facility are part of the growing North Brevard job base near Titusville.
What are home prices in Lake Drive Terrace right now?
Pricing varies by property type, condition, lot, and water proximity, so there is no single number. We pull current comparable sales matched to a specific home before you offer. Confirm current pricing on the live listings on this page.
Is Lake Drive Terrace walkable?
It is a minimally walkable, established neighborhood, so expect to drive for most errands. The trade is an established, waterfront-adjacent location near US-1 and the riverfront.
How far is Lake Drive Terrace from I-95 and Orlando?
I-95 is roughly 8 to 15 minutes west of the city, and Orlando is roughly 50 to 70 minutes via SR 50 or SR 528, depending on exactly where a home sits and on traffic.
What schools serve Lake Drive Terrace?
The neighborhood is served by Brevard Public Schools, with assignment by address. Confirm the current zoned elementary, middle, and high schools for a specific address with the district, since boundaries change.
Is Lake Drive Terrace a good investment?
Its established, waterfront-adjacent location near a growing aerospace job base can support value, but returns depend on the specific property, its type, its condition, and its flood picture. We pull comps and the flood read for a specific home before you offer.
What should I check before buying in Lake Drive Terrace?
Verify the property type and condition, any HOA, lease, or deed restrictions, the flood zone and insurance, the City of Titusville water and sewer setup, and the zoned schools. We run this diligence on every home before our buyers offer.
Do I need my own agent to buy in Lake Drive Terrace?
Yes. The listing agent works for the seller. Your own agent confirms the property type, inspects the specific home, pulls true comps by type and condition, verifies the flood zone and utilities, and negotiates for you. Momentum Realty does exactly that, use the form on this page.
The Verdict

Should you buy in Lake Drive Terrace?

An honest fit check. We will tell you when it is not your community.

You want an established north Titusville neighborhood near the Indian RiverExcellent fit
You value quick access to US-1 and the riverfrontExcellent fit
You are drawn to the North Brevard aerospace and spaceport job baseExcellent fit
You will verify the property type, flood zone, and insurance per parcelExcellent fit
You will inspect and comp the specific home carefullyExcellent fit
You want new construction and a uniform subdivisionProbably not
You want a highly walkable, amenity-rich neighborhoodProbably not
You want a guaranteed direct riverfront lot without checking each homeProbably not
You are not comfortable with mixed property types, vintages, and conditionProbably not
You will not verify property type, flood, condition, and restrictions per homeProbably not

Get the inside read on Lake Drive Terrace

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Lake Drive Terrace home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

By pressing Get My Lake Drive Terrace Game Plan, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call and text you about your inquiry, which may involve automated means and prerecorded or artificial voices, at the number you provided. You do not need to consent as a condition of buying any property, goods, or services. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out, HELP for help. You also agree to our Privacy Policy and SMS Terms.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Lake Drive Terrace specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

Zoom out before you decide: see the Brevard County market guide or every community in the Neighborhood Finder.

Momentum Offers

Need to sell fast in Brevard County?

Get a real cash offer on your Lake DriveTerrace home in 24 hours and close in as little as 7 days, as-is. Because Momentum is a licensed RealTrends-500 brokerage, we'll also show you what listing would net — so you choose with both numbers.

Get my Brevard County cash offer →

Sell my house fast in Brevard County · How Momentum Offers works

Buying or researching Brevard County? See the full Brevard County real estate market report — prices, inventory, schools, taxes, and every Brevard County neighborhood.

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 local market average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

or call (904) 351-6461
CallFree valuation →

More Titusville & Space Coast / Brevard County guides

Compare before you commit — every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Talk to a Local Lake Drive Terrace Expert
Call Get Listings