830 Century Medical Dr / Parcel B Titusville, FL 32796
Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Physician
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Physician
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Pediatrician Physician
Value estimations
Owner & transaction history
Zoning & alternative use
The Hospital Medical (HM) district is created to provide a protective area for the harmonious development of health care facilities and accessory services convenient to arterial streets. The district is intended to be pr…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Derived from the Titusville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HM · Titusville, FLThe Hospital Medical (HM) district is created to provide a protective area for the harmonious development of health care facilities and accessory services convenient to arterial streets. The district is intended to be pr…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for HM in Titusville, FL.
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