Two-Building Office
For Sale
$695,000
1700 S WASHINGTON Avenue, Titusville, FL 32780
Commercial Sale, TITUSVILLE, FL
Property Size2,532 SF
Lot Size0.34 Acres
Price / SF$274.49
Days on Market48
Property Features for 1700 S WASHINGTON Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
CC
Subdivision
RIVERSIDE PARK SEC A
Directions
From I-95, take Exit 215 for SR-50/Cheney Hwy and head east toward Titusville. Continue east to US-1/S Washington Ave. Turn left (north) onto S Washington Ave/US-1. Continue north to 1702 S Washington Ave; property will be on your left.
Standard status
Active
APN
22 3510-01-*-38
Size
2,532 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RIVERSIDE PARK SEC A LOTS 38, 39 EXC HWY R/W
Tax Annual Amount
4274
Legal Description
RIVERSIDE PARK SEC A LOTS 38, 39 EXC HWY R/W
Utilities
Cooling system
Central Air
Building Details
Year built
1940
Floors in Building
1
Building materials
Concrete
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Josie Bauer
(407) 310-5877
Added: Aug 26
Changed: Oct 5
Last Checked: Oct 12 at 10:06AM
MLS# O6436821
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office property includes two separate buildings totaling 2,532 square feet. The front structure provides office space, while the approximately 1,020 SF rear building has been renovated for additional workspace. Built in 1940, the property features concrete construction, central air, and CC zoning.
The site is located at 1700 S Washington Avenue along the US-1 corridor in Titusville, near Downtown Titusville. The surrounding area provides access to major area employers, Kennedy Space Center, and Space Coast communities. The two-building layout supports an owner-user, an investor, or a business requiring separate office and workspace areas.
The site is located at 1700 S Washington Avenue along the US-1 corridor in Titusville, near Downtown Titusville. The surrounding area provides access to major area employers, Kennedy Space Center, and Space Coast communities. The two-building layout supports an owner-user, an investor, or a business requiring separate office and workspace areas.
Key Highlights
- Two separate buildings totaling 2,532 square feet
- Approximately 1,020 SF renovated rear building
- Front building configured for office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,455
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,100
$689.1K
Cap Rate 7%
$492,214
$492.2K
Cap Rate 9%
$382,833
$382.8K
Market Conditions
NOI Build-Up for 2,532 SF
Gross rent
$54.7K $21.60/SF
− Vacancy
−$8.8K −$3.46/SF
EGI
$45.9K $18.14/SF
− OpEx
−$11.5K −$4.54/SF
NOI
$34.5K $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%
$689,100
Cap Rate 7%
$492,214
Cap Rate 9%
$382,833
Alternative Uses
Best Use
Office B
$492.2K
$430.7K – $574.3K
NOI $34,455 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$668.0K
$584.5K – $779.4K
NOI $46,761 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 32780, FL
39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two separate buildings provide flexible office and workspace options along the S Washington Avenue and US-1 corridor.
Where is this office building located?
The property is located at 1700 S WASHINGTON Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two separate buildings totaling 2,532 square feet; Approximately 1,020 SF renovated rear building; Front building configured for office use
