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Property profile & analytics
FOR SALE
Office buildings

1007 S Washington Ave Titusville, FL 32780

1,185 SF 0.13 ac lot Built 1939
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US19-0667549
Property summary
AI-generated overview

This 1,203 sq ft office building, located at 1007 S Washington Avenue in historic downtown Titusville, Florida (zip code 32780), presents a compelling investment opportunity. Built in 1939, this single-story building sits on a 5,662.8 sq ft lot and boasts a flexible Downtown Mixed Use (DMU) zoning designation, making it suitable for a variety of uses including office, mixed-use, or retail. Recent upgrades include a new roof and AC system (2022), new impact windows (2023), updated electrical, and a newer tankless water heater. The interior is currently partitioned into five rooms: a foyer, sitting area, large conference space, flex space, two large private offices, a storage/snack area, and a full bathroom. Rear parking is available. The asking price is $335,000. Potential economic development funds may be available through the City of Titusville for property repairs/improvements and business start-up; interested parties should inquire directly with the city for details. This property offers a blend of historic charm and modern updates in a prime downtown location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1939
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,185 SF
Lot 0.13 ac (5,663 SF)
Zoning code CBD
APN 22-35-03-53-00000.0-0010.03
UPID US19-0667549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Beverly Lynch Alternative Medicine Practice Acupuncture
  • Law Office of Kathleen Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tuan Le · 5 yrs held
Tuan Le
since 2020
Last sale
$90,000
5 recorded transactions
2021
Price N/A
2020
$90,000
2020
Price N/A
2003
$73,000
1969
Price N/A
Zoning & alternative use
CBD · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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