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    5 Main St Titusville, FL 32796-3524
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    Property profile & analytics

    5 Main St Titusville, FL 32796-3524


    • Office buildings
    • 5,940 SF
    • 0.34 lot acres
    Off-Market
    Last Sale May 16, 2023
    Property ID
    US18-0437140
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,295,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Noble & Co. Real Estate Professionals / Real Estate Agency
    • Rocket City Entertainment / Hotel & Motel / Resort
    • Dina Maurer - REALTOR® - Landshark Realty / Real Estate Agency

    Property Details for 5 Main St

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    5,940 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    22-35-03-03-0000D.0-0000.01
    APU
    223503030000D0000001

    Description

    This exceptional 2,200 square foot office space is located at 5 Main Street in Titusville, Florida's vibrant downtown CRA District. Situated in a historic building on the Astronaut Trail (also known as The Old Post Office), this single-tenant property offers stunning waterfront views of rocket launches and sunrises over the Indian River. The interior features three private offices, over 1,700 square feet of open space, two full bathrooms, ample storage, and a fully equipped kitchen. On-site reserved parking is included – a rare amenity in this desirable location. The building is zoned for Downtown Mixed Use within Brevard County (32796). The total building size is 5,924 square feet. Enhance your business with the option to lease an additional 3,600 square feet of outdoor space, complete with a tiki bar, ideal for events and gatherings. The property is easily accessible, located on the corner of Main Street and Indian River Avenue, south of Garden Street on Indian River Avenue.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,435,000
      6.5%
      $1,325,000
      7%
      $1,230,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,253,000
      Market price range: $486k - $1.44M
      AI Estimate
      $1,306,000
      Market price range: $470k - $1.34M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $850,000
      Current use
      RESTAURANT
      $2,020,000
      Change: +138% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,410,000
      Change: +66% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,240,000
      Change: +46% Conversion: Difficult
      MEDICAL BUILDING
      $920,000
      Change: +9% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $820,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8061
    Latitude
    28.6124
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,608
    $49,500
    $605,160
    $654,660
    -
    $49,500
    $605,160
    $654,660
    More about this property
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