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    830 Century Medical Dr Titusville, FL 32796

    For Sale
    $1,250,000

    Titusville, FL Medical Office Investment

    Property size:
    9,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 9,270 square foot freestanding medical and office building presents a compelling investment opportunity in Titusville, Florida. Located at 830 Century Medical Dr, 32796, within the Century Medical Plaza, this property boasts a prime location near Parrish Medical Center. The building, constructed in 1991 and situated on a 0.79-acre lot (APN: 21-35-33-01-*-16), is zoned for hospital and medical use. It features three individual suites. Suite A (approximately 3,019 square feet) is currently occupied by a healthcare tenant and includes exam rooms, private offices, three restrooms, an IT area, and a break room. Suite B (approximately 2,738 square feet), a former medical office, is vacant and offers a waiting area, nurses' station, exam rooms, private offices, and a break room. Finally, Suite C (approximately 3,603 square feet) is an unfinished open storage area, offering a blank slate for future development and is plumbed for restrooms. The property includes common open surface parking in a paved lot. The asking price is $1,250,000, translating to $134.84 per square foot. This property offers significant potential for both immediate income and future expansion within a thriving medical community. The building's versatile layout and strategic location make it an ideal investment for both seasoned and emerging investors in the healthcare real estate sector.

    Property Features for 830 Century Medical Dr

    General Information

    Property type
    Medical offices
    Square Feet
    9,270 SF
    Lot Size
    34,412 SF

    Building Details

    Year Built
    1991

    HighLights

    • 9,270 SF freestanding medical/office building in Titusville, FL.
    • Located at 830 Century Medical Dr, near Parrish Medical Center.
    • Three suites: one occupied, one vacant, one unfinished storage area.
    • 0.79‑acre lot (APN: 21‑35‑33‑01-*-16), zoned for hospital/medical use.
    • Asking price: $1,250,000 ($134.84/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dialisys-Kidney Center-N Brevard Dialysis Center JOHANNA B PILLADO Nurse Practitioner Dr. Thomas A. Smith, ... Obstetrician-Gynecologist JACKLYN ALEXIS XAVIER Physician Assistant WENDY L WORSLEY Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.821020994846
    Latitude
    28.625521789885

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    FAQs

    What type of property is this?
    Medical office - Titusville, FL Medical Office Investment
    Where is this medical office located?
    The property is located at 830 Century Medical Dr Titusville, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 9,270 SF freestanding medical/office building in Titusville, FL.; Located at 830 Century Medical Dr, near Parrish Medical Center.; Three suites: one occupied, one vacant, one unfinished storage area.
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    830 Century Medical Dr 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
    830 Century Medical Dr Titusville, FL 32796
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