Office Unit with File
For Sale
Contact for pricing
2199 Garden Street, Titusville, FL 32796
A renovated professional workspace includes private offices, a conference room, and parking access at both the front and rear.
Property Size8,470 SF
Price / SF$0.14
Days on Market127
Property Features for 2199 Garden Street
General Information
Standard status
Active
Size
8,470 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
1958
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Jun 26
Changed: Oct 29
Last Checked: Oct 29 at 2:37PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This office property was built in 1958 and has been renovated. Its layout includes a reception area, an office, a conference room, an additional private office, and a rear storage and file room. Double doors connect the rear room to the parking area. Security cameras cover the front and rear of the building.
Located at 2199 Garden Street in Titusville, the property has parking at both the front and rear. Water, sewer, and trash service are included.
Located at 2199 Garden Street in Titusville, the property has parking at both the front and rear. Water, sewer, and trash service are included.
Key Highlights
- Renovated office layout with reception, two private offices, and a conference room
- Rear storage and file room with double‑door access to parking
- Parking available at the front and rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,260
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,305,200
$2.3M
Cap Rate 7%
$1,646,571
$1.6M
Cap Rate 9%
$1,280,667
$1.3M
Market Conditions
NOI Build-Up for 8,470 SF
Gross rent
$183.0K $21.60/SF
− Vacancy
−$29.3K −$3.46/SF
EGI
$153.7K $18.14/SF
− OpEx
−$38.4K −$4.54/SF
NOI
$115.3K $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%
$2,305,200
Cap Rate 7%
$1,646,571
Cap Rate 9%
$1,280,667
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,260 @ 7.0% cap · market cap 9,605.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.96M – $2.61M
NOI $156,424 @ 7.0% cap · market cap 13,035.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A renovated professional workspace includes private offices, a conference room, and parking access at both the front and rear.
Where is this office unit located?
The property is located at 2199 Garden Street Titusville, FL.
What are key features of this property?
This property features: Renovated office layout with reception, two private offices, and a conference room; Rear storage and file room with double‑door access to parking; Parking available at the front and rear of the building
