Remodeled Retail/Office
519 Garden Street Titusville, FL 32796
519 Garden Street, Titusville, FL, 32796
$200,000
For Sale
$200,000
Fully remodeled 1953 mixed-use building with retail open area, two offices, and ample back parking.
Property Size1,248 SF
Price / SF$160.26
Days on Market113
Property Features for 519 Garden Street
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Office
Building Details
- Year Built
- 1953
Listing agency
Noble & Co. R.E. Professionals
(321) 607-1311
Listed by
Courtney Noble · License #3135692
(321) 607-1311
Source
Xome
Added: Apr 1 Updated: Jul 22 at 3:49PM Checked: Jul 22 at 3:49PM
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 Noble & Co. R.E. Professionals
Investment Insights
Based on property information with market context.
This fully remodeled 1953 mixed-use commercial building is set up with an entrance and waiting area, two offices, and an open area for retail. The space also includes a utility closet, a bathroom, and a separate addition with private access.
The property is located directly on Garden Street and includes ample parking in the back, along with a shared entrance to neighboring businesses.
Reported upgrades include a newer roof, HVAC, plumbing, interior and exterior paint, flooring, and fixtures. The current layout supports combined storefront and office use within a renovated footprint.
The property is located directly on Garden Street and includes ample parking in the back, along with a shared entrance to neighboring businesses.
Reported upgrades include a newer roof, HVAC, plumbing, interior and exterior paint, flooring, and fixtures. The current layout supports combined storefront and office use within a renovated footprint.
Key Highlights
- Fully remodeled 1953 mixed‑use commercial building with retail open area and 2 offices
- Located directly on Garden Street
- Updates include newer roof, HVAC, plumbing, interior & exterior paint, flooring, and fixtures
Local 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 | $27.0k | $21.60 |
| − Vacancy | −$4.3k | −$3.46 |
| EGI | $22.6k | $18.14 |
| − OpEx | −$5.7k | −$4.54 |
| NOI | $17.0k | $13.61 |
1,248 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$242.6K
$212.3K – $283.1K
NOI $16,983 @ 7.0% cap · market cap 8.49%
Second Best
Retail
$205.5K
$179.9K – $239.8K
NOI $14,388 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$329.3K
$288.1K – $384.1K
NOI $23,048 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Demo-Ville Recording Studio
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Real Estate Agency
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FAQs
What type of property is this?
Office units - Fully remodeled 1953 mixed-use building with retail open area, two offices, and ample back parking.
Where is this office units located?
The property is located at 519 Garden Street Titusville, FL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Fully remodeled 1953 mixed‑use commercial building with retail open area and 2 offices; Located directly on Garden Street; Updates include newer roof, HVAC, plumbing, interior & exterior paint, flooring, and fixtures
