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    219 Indian River Ave Titusville, FL 32796

    For Lease
    $12 SF/Yr ($16,551 /Mo)

    Prime riverfront office, stunning views.

    Lot size:
    15,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7,789 square foot, Class C office space is located on the Indian River in downtown Titusville, Florida. Boasting direct waterfront views, including spectacular rocket launches and sunrises, this single-tenant property offers endless possibilities. The 15,578 total square foot building, situated on 2.13 acres, is zoned CBD and was built in 1963. The space is currently available for lease at $12.75 per square foot, NNN, with additional costs of $7.43 per square foot covering prorated electric, water, sewer, property taxes, and insurance. Its prime location offers easy access to the vibrant downtown area, with its numerous shops and restaurants. This thriving location is further enhanced by significant upcoming developments, including the addition of 410 luxury apartments at Horizon/Sandpoint and 21 modern apartments with renovated retail spaces at 300 S. Washington Ave. The property is also available for purchase at $3,250,000. This unique opportunity combines stunning waterfront views with the energy of a revitalized downtown area, making it ideal for a variety of businesses. The property's address is 219 Indian River Ave, Titusville, FL 32796, in Brevard County.

    Property Features for 219 Indian River Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,578 SF
    Class
    C
    Total Rate
    16551.63

    Building Details

    Year Built
    1963

    Unit(s) available at that property

    Space
    Size
    7,789 SF
    Rate per SF
    $12

    HighLights

    • 7,789 SF of flexible commercial space.
    • Drive‑through capability.
    • Fully customizable office space.
    • Existing safe and safety deposit boxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Advisors Investment Service David Boland, Inc. General Contractor

    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
    -80.8052924
    Latitude
    28.6129334

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    FAQs

    What type of property is this?
    Office Property / Space - Prime riverfront office, stunning views.
    Where is this office property / space located?
    The property is located at 219 Indian River Ave Titusville, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 7,789 SF of flexible commercial space.; Drive-through capability.; Fully customizable office space.
    Request Owner's contact information
    219 Indian River Ave 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
    219 Indian River Ave Titusville, FL 32796
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