Remodeled Office
1514 Garden St Titusville, FL 32796
For Sale
Contact for pricing
Remodeled office building with four private offices, a lobby, and a kitchen/break room, plus 8 on-site parking spaces.
Property Size1,629 SF
Price / SF$181.09
Days on Market469
Property Features for 1514 Garden St
General Information
- Standard status
- Active
- Size
- 1,629 SF
- Property subtype
- Office
Building Details
- Year Built
- 1959
Listing Agency:
Rocket City Commercial, Brokered by eXp Commercial
(321) 291-6601
Listed By:
Lisa Earnhardt · License #SL3439689
Source:
Crexi
Added: Apr 11, 2025
Changed: Jul 22
Last Checked: Jul 22 at 4:52AM
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 Rocket City Commercial, Brokered by eXp Commercial
Investment Insights
Based on property information with market context.
This remodeled office building is set up for office and professional use and includes four private offices, a spacious lobby, and a kitchen/break room. The interior updates include new windows, a new roof, an upgraded electrical panel, new ductwork, stylish LVP flooring, an accent wall, and fresh paint. There are three exterior doors for convenient access.
The property is positioned in a high-traffic area and is zoned OP for office and professional use. On-site parking is available with five spaces at the rear and three spaces in front.
With its improved building systems, modern finishes, and practical interior layout for private offices and client-facing space, this suite offers a turn-key option for an office operation.
The property is positioned in a high-traffic area and is zoned OP for office and professional use. On-site parking is available with five spaces at the rear and three spaces in front.
With its improved building systems, modern finishes, and practical interior layout for private offices and client-facing space, this suite offers a turn-key option for an office operation.
Key Highlights
- Completely remodeled office building built in 1959 with a modern interior layout
- Zoned OP for office and professional use
- Updated building features include new windows, new roof, upgraded electrical panel, and new ductwork
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.2k | $21.60 |
| − Vacancy | −$5.6k | −$3.46 |
| EGI | $29.6k | $18.14 |
| − OpEx | −$7.4k | −$4.54 |
| NOI | $22.2k | $13.61 |
1,629 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$429.8K
$376.1K – $501.4K
NOI $30,084 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Barton Professional Painting
Painting Service
Bright Eyed Barber ...
Barber Shop
FAQs
What type of property is this?
Office units - Remodeled office building with four private offices, a lobby, and a kitchen/break room, plus 8 on-site parking spaces.
Where is this office units located?
The property is located at 1514 Garden St Titusville, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Completely remodeled office building built in 1959 with a modern interior layout; Zoned OP for office and professional use; Updated building features include new windows, new roof, upgraded electrical panel, and new ductwork
