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    3408 Park Ave Titusville, FL 32780

    Sponsored
    For Sale
    $550,000

    Prime Titusville investment: three suites, high rental potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use commercial property, located at 3408 S Park Avenue in Titusville, Florida, presents a compelling investment opportunity. The 11,761.2 square foot lot houses a single-story, 1966-built building featuring three distinct suites, each currently configured for a specific business type. Suite A, a salon, is ideally suited for beauty professionals. Suite B, with its check-in window and separate rooms, is perfect for massage therapy or similar wellness businesses. Suite C, equipped for a bakery, includes essential appliances and a welcoming layout. Each suite includes a private bathroom and modern air conditioning. The property's location within thriving residential neighborhoods contributes to its strong rental potential, estimated at $60,000 annually or more. This versatile property offers a unique blend of established businesses and significant upside for future growth. The asking price is $550,000. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Florida location. The property's three-suite configuration provides flexibility for a variety of uses and income streams. Don't miss this chance to secure a profitable investment in the heart of Titusville. The property's zip code is 32780.

    Property Features for 3408 Park Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1966
    Stories
    1
    Units
    3

    HighLights

    • Exceptional mixed‑use investment opportunity in Titusville, FL.
    • 11,761.2 sq ft lot with a 1966 single‑story building containing three suites.
    • Three suites currently leased to salon, massage therapy, and bakery tenants; each with private bath and A/C.
    • Strong rental potential, estimated at $60,000+ annually.
    • Asking price: $550,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Barbara Nardone's Hair ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -80.8327146
    Latitude
    28.5776837

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    FAQs

    What type of property is this?
    Retail property - Prime Titusville investment: three suites, high rental potential.
    Where is this retail property located?
    The property is located at 3408 Park Ave Titusville, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Titusville, FL.; 11,761.2 sq ft lot with a 1966 single-story building containing three suites.; Three suites currently leased to salon, massage therapy, and bakery tenants; each with private bath and A/C.
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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
    3408 Park Ave Titusville, FL 32780
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