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    818 Garden St Titusville, FL 32780

    For Sale
    $325,000

    Downtown Titusville, FL Office Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional investment opportunity presents a commercial duplex located in Titusville, Florida's desirable downtown secondary area, situated on the Garden Street beach corridor. The property, encompassing two units at 818 & 822 Garden Street, 32780, is zoned OP (Office Professional), although currently utilized for retail purposes. Built in 1997, the property offers a unique blend of immediate income potential and future development possibilities. One unit, 822 Garden Street, is currently leased to a salon until December 2023, providing a steady stream of rental income. The second unit, 818 Garden Street, was previously leased to a massage parlor and is currently vacant. However, with city approval, this unit could be converted into a two-bedroom caretaker apartment, contingent upon ownership and operation of the adjacent business by the occupant, according to the current owner. The asking price for this prime commercial property is $325,000. The lot size is not specified. This property presents a compelling investment opportunity in a growing Florida market, offering both immediate rental income and the flexibility to adapt to future needs. The property's location on the Garden Street beach corridor provides excellent visibility and accessibility. Serious inquiries are encouraged.

    Property Features for 818 Garden St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1997
    Units
    2

    HighLights

    • Asking price: $325,000
    • Two‑unit office building in Titusville, FL
    • Built in 1997
    • Located on Garden Street beach corridor, zoned OP (Office Professional)
    • Currently used as retail; one unit leased to a salon until December 2023, the other vacant but potentially convertible to a residential unit with city approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shelley's Tax Services Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8211696
    Latitude
    28.5370519

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Titusville, FL Office Property
    Where is this office property / space located?
    The property is located at 818 Garden St Titusville, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Asking price: $325,000; Two-unit office building in Titusville, FL; Built in 1997
    Request Owner's contact information
    818 Garden St Titusville, FL 32780
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    Titusville, FL 32780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    818 Garden St Titusville, FL 32780
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