Two-Story Office
For Sale
$265,000
4-1707 S Washington Ave, Titusville, FL 32796
The two-level layout combines reception, private offices, cubicle areas, and a break room for varied work arrangements.
Property Size1,562 SF
Price / SF$169.65
Days on Market16
Property Features for 4-1707 S Washington Ave
General Information
Standard status
Active
Size
1,562 SF
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$319
Building Details
Stories
2
Listing Agency:
MUTTER REALTY
Listed By:
James Mutter · License #3594768
(321) 269-9855
Source:
Exprealty
Added: Oct 13
Changed: Oct 27
Last Checked: Oct 28 at 12:55PM
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 MUTTER REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,562-square-foot office condo is arranged across two floors. The lower level contains a reception area, an office, and two cubicle spaces. Upstairs, the plan adds a private office, a larger office area, and a break room.
Parking includes open spaces on the north side of the building and two assigned covered spaces at the rear. The property is described as having access from US 1, where estimated traffic exceeds 24,000 vehicles per day. The monthly HOA covers water, sewer, trash, exterior maintenance, and property insurance.
Parking includes open spaces on the north side of the building and two assigned covered spaces at the rear. The property is described as having access from US 1, where estimated traffic exceeds 24,000 vehicles per day. The monthly HOA covers water, sewer, trash, exterior maintenance, and property insurance.
Key Highlights
- 1,562‑square‑foot office condo with two levels
- First floor includes reception, an office area, and 2 cubicle spaces
- Upper floor has a private office, larger office area, and break room
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
Current Use
Location Intelligence
Trade Area within ½ mile
967
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The two-level layout combines reception, private offices, cubicle areas, and a break room for varied work arrangements.
Where is this office unit located?
The property is located at 4-1707 S Washington Ave 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 condo with two levels; First floor includes reception, an office area, and 2 cubicle spaces; Upper floor has a private office, larger office area, and break room
