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    818 Garden St Titusville, FL 32796

    For Sale
    $325,000

    Prime Garden Street location, two units, $325,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a commercial duplex located in Titusville, Florida, at 818 & 822 Garden Street. Situated on a substantial 6,969.6 square foot lot in the downtown secondary area of the Garden Street beach corridor, this property offers significant potential. The building, constructed in 1959, is a single-story structure currently zoned OP (Office Professional), with its current use as retail space. One unit (822) is currently leased month-to-month to a salon. The seller is open to leasing the other unit (818). A key advantage is the potential for rezoning to allow for mixed-use development, permitting residential use in one unit and commercial in the other. However, buyers are responsible for verifying all zoning information with the city and county. Recent improvements include a new roof installed in 2023 and fresh paint applied in 2024. The property has successfully passed both a 4-point inspection and wind mitigation inspection, providing peace of mind for potential buyers. This property is offered at an asking price of $325,000 and presents a compelling opportunity for investors seeking a strong return in a desirable location.

    Property Features for 818 Garden St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1959
    Stories
    1
    Units
    2

    HighLights

    • Investment opportunity: Titusville, FL commercial duplex on a 6,969.6 sq ft lot.
    • Located in the downtown Garden Street beach corridor, zoned OP (Office Professional), currently used as retail.
    • One unit leased month‑to‑month; seller open to leasing the other.
    • Potential for mixed‑use rezoning (buyer to verify).
    • New roof (2023), fresh paint (2024), passed 4‑point & wind mitigation inspections.
    • Asking price: $325,000.
    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
    -80.8134044
    Latitude
    28.615586

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    FAQs

    What type of property is this?
    Retail property - Prime Garden Street location, two units, $325,000
    Where is this retail property 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: Investment opportunity: Titusville, FL commercial duplex on a 6,969.6 sq ft lot.; Located in the downtown Garden Street beach corridor, zoned OP (Office Professional), currently used as retail.; One unit leased month-to-month; seller open to leasing the other.
    Request Owner's contact information
    818 Garden St Titusville, FL 32796
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    Titusville, FL 32796
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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 32796
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