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    Property profile & analytics

    1007 Washington Ave Titusville, FL 32780

    • Office buildings
    • 1,185 SF
    • 0.13 lot acres
    For Sale
    View listing
    $335,000
    Value Estimation
    Last Sale
    Dec 21, 2020
    $90,000
    Location Intelligence
    Property ID
    US19-0667549
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Beverly Lynch / Acupuncturist
    • Law Office of Kathleen / Attorney

    Property Details for 1007 Washington Ave

    Year built
    1939
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    1,185 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    22-35-03-53-00000.0-0010.03
    APU
    9223372036854775807

    Description

    This 1,203 sq ft office building, located at 1007 S Washington Avenue in historic downtown Titusville, Florida (zip code 32780), presents a compelling investment opportunity. Built in 1939, this single-story building sits on a 5,662.8 sq ft lot and boasts a flexible Downtown Mixed Use (DMU) zoning designation, making it suitable for a variety of uses including office, mixed-use, or retail. Recent upgrades include a new roof and AC system (2022), new impact windows (2023), updated electrical, and a newer tankless water heater. The interior is currently partitioned into five rooms: a foyer, sitting area, large conference space, flex space, two large private offices, a storage/snack area, and a full bathroom. Rear parking is available. The asking price is $335,000. Potential economic development funds may be available through the City of Titusville for property repairs/improvements and business start-up; interested parties should inquire directly with the city for details. This property offers a blend of historic charm and modern updates in a prime downtown location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $130,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $120,000
      Retail
      $120,000
      Mixed-Use
      $145,000
      Hospitality
      $120,000
      Educational
      $140,000
      Residential Income
      $140,000
      Energy
      $130,000
      Income-Based Land
      $155,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8074
    Latitude
    28.6051
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,985
    $25,300
    $66,780
    $92,080
    -
    $25,300
    $66,780
    $92,080

    Comparable in this City

    • Value Estimation by Request
      18,770 SF

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      OFFICE BUILDING (MULTI-STORY) • 2,480 SF
      106 Plantation Dr, Titusville, FL 32780-2570
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      2955 Columbia Blvd

      OFFICE BUILDING • 17,988 SF
      2955 Columbia Blvd, Titusville, FL 32780-7802
      View Details
    • Value Estimation by Request
      13,621 SF

      2395 Washington Ave

      OFFICE BUILDING • 13,621 SF
      2395 Washington Ave, Titusville, FL 32780-4702
      View Details
    • Value Estimation by Request
      13,020 SF

      1400 White Dr

      OFFICE BUILDING • 13,020 SF
      1400 White Dr, Titusville, FL 32780-9657
      View Details
    • Value Estimation
      $425,000
      6,664 SF

      1330 Knox Mcrae Dr, Unit 6A

      PROFESSIONAL BUILDING • 6,664 SF
      1330 Knox Mcrae Dr, Titusville, FL 32780-6139
      View Details

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    Similar Nearby for Lease

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    1007 Washington Ave
    Titusville, FL 32780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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