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Ground-Floor Office Unit
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107 S Park Avenue S 121, Titusville, FL 32796

The layout includes three offices, a conference room, and one bathroom for professional use.

Property Size1,200 SF
Price / SF$1.00
Days on Market110

Property Features for 107 S Park Avenue S 121

General Information

Standard status Active
Size 1,200 SF

Additional Details

Floor Ground Floor
Listing Agency: Realty World Curri Properties
Listed By: Eugene B Artusa · License #655885
Source: Startbrevardsearch
Added: Jul 17 Changed: Nov 3 Last Checked: Nov 3 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty World Curri Properties

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Investment Insights

Based on property information with market context.

This 1,200 SF ground-floor office unit provides a straightforward professional layout with three offices, a conference room, and one bathroom. The configuration offers dedicated rooms for office functions along with a separate meeting area.

Key Highlights

  • 1,200 SF ground‑floor office unit
  • Three offices provide dedicated work areas
  • Separate conference room included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,330
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,600 $326.6K
Cap Rate 7%
$233,286 $233.3K
Cap Rate 9%
$181,444 $181.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$4.1K −$3.46/SF
EGI
$21.8K $18.14/SF
− OpEx
−$5.4K −$4.54/SF
NOI
$16.3K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,600
Cap Rate 7%
$233,286
Cap Rate 9%
$181,444

Alternative Uses

Best Use
Office B
$233.3K
$204.1K – $272.2K (±1% cap)
NOI $16,330 @ 7.0% cap · market cap 1,360.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K (±1% cap)
NOI $22,162 @ 7.0% cap · market cap 1,846.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ernest Restina CPA Accounting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Locksmith Florist Carpet & Flooring Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,167
Businesses Nearby

Demographics for 32796, FL

20,818
Population
9,670
Households
2.2
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
14.4 sq mi
ZIP Area
1,446
Density / Sq Mi
$67,399
Median Household Income
$40,368
Median Earnings
$1,305
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The layout includes three offices, a conference room, and one bathroom for professional use.
Where is this office unit located?
The property is located at 107 S Park Avenue S 121 Titusville, FL.
What are key features of this property?
This property features: 1,200 SF ground‑floor office unit; Three offices provide dedicated work areas; Separate conference room included
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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