Individually Owned 
For Sale
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Property summary
This exceptional investment opportunity presents a commercial duplex located in Titusville, Florida, at 818 & 822 Garden Street. Situated on a substantial 6,969.6 square foot lot in the downtown secondary area of the Garden Street beach corridor, this property offers significant potential. The building, constructed in 1959, is a single-story structure currently zoned OP (Office Professional), with its current use as retail space. One unit (822) is currently leased month-to-month to a salon. The seller is open to leasing the other unit (818). A key advantage is the potential for rezoning to allow for mixed-use development, permitting residential use in one unit and commercial in the other. However, buyers are responsible for verifying all zoning information with the city and county. Recent improvements include a new roof installed in 2023 and fresh paint applied in 2024. The property has successfully passed both a 4-point inspection and wind mitigation inspection, providing peace of mind for potential buyers. This property is offered at an asking price of $325,000 and presents a compelling opportunity for investors seeking a strong return in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Tax Preparation
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OP · Titusville, FLThe Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in Titusville, FL.
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