Two-Story Office
New
For Sale
$265,000
1707 S WASHINGTON Avenue, Titusville, FL 32780
Commercial Sale, TITUSVILLE, FL
Property Size1,562 SF
Lot Size0.07 Acres
Price / SF$169.65
Days on Market1
Property Features for 1707 S WASHINGTON Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
RIVERSIDE TWNHS
Directions
From Cheney Hwy (Rt 50) head North. Property on right side. Park on north side of building. Entrance in front, south side end unit.
Standard status
Active
APN
22 3510-04-*-9.04
Size
1,562 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 4 BAYVIEW PROFESSIONAL CENTER CONDO AS DESC IN ORB 2476 PG 362 AND ALL AMENDMENTS THERETO.
Tax Annual Amount
320
Legal Description
UNIT 4 BAYVIEW PROFESSIONAL CENTER CONDO AS DESC IN ORB 2476 PG 362 AND ALL AMENDMENTS THERETO.
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Flooring type
Carpet
Building materials
Frame
Listing Agency:
MUTTER REALTY · Real Living
(321) 269-9855
Listed By:
James Mutter · License #3594768
(321) 501-0290
Added: Oct 13
Last Checked: Oct 13 at 5:06PM
MLS# O6449443
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 1,562-square-foot office condominium has a two-level layout. The first floor includes a reception area, office space, and two cubicle areas; upstairs are a private office, a break room, and a larger office area. The building dates to 1983, with frame construction, carpet flooring, central heating, and central air conditioning.
The property is on S Washington Avenue in Titusville, along US 1. The listing reports an estimated daily traffic count exceeding 24,000. Parking includes open spaces on the north side of the building and two assigned covered spaces at the rear.
The HOA fee covers water, sewer, trash service, exterior maintenance, and property insurance. Public water and sewer serve the property, and electricity is available.
The property is on S Washington Avenue in Titusville, along US 1. The listing reports an estimated daily traffic count exceeding 24,000. Parking includes open spaces on the north side of the building and two assigned covered spaces at the rear.
The HOA fee covers water, sewer, trash service, exterior maintenance, and property insurance. Public water and sewer serve the property, and electricity is available.
Key Highlights
- 1,562‑square‑foot office condominium with a two‑level layout
- First floor includes reception, office space, and 2 cubicle areas
- Upper level has a private office, break room, and larger office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,256
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,120
$425.1K
Cap Rate 7%
$303,657
$303.7K
Cap Rate 9%
$236,178
$236.2K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$33.7K $21.60/SF
− Vacancy
−$5.4K −$3.46/SF
EGI
$28.3K $18.14/SF
− OpEx
−$7.1K −$4.54/SF
NOI
$21.3K $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%
$425,120
Cap Rate 7%
$303,657
Cap Rate 9%
$236,178
Alternative Uses
Best Use
Office B
$303.7K
$265.7K – $354.3K
NOI $21,256 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$412.1K
$360.6K – $480.8K
NOI $28,847 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Paved road access
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
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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 units - Reception, cubicle areas, private offices, and a break room support a range of professional work functions.
Where is this office units located?
The property is located at 1707 S WASHINGTON Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,562‑square‑foot office condominium with a two‑level layout; First floor includes reception, office space, and 2 cubicle areas; Upper level has a private office, break room, and larger office area
