$199,900
Titusville, FL 32780
MLS# 841749
Status: Closed
2468 sqft
1 / 17
Property Description
2 story multi-use property with 3 rentable units, including an office, a living/office unit, and a large 2+ bedroom apartment upstairs. 2 units currently occupied, with the lower office still available. Current gross is $1975/mo. Located on the main southbound thoroughfare through Downtown Titusville, with a high traffic-count, and excellent visibility. Nice pavestone parking area and walkways, with room to accomodate 10 vehicles. The property is also situated in the Titusville Downtown Community Redevelopment Area, and incentives are available in the form of tax abatement, relaxed zoning requirements, and developmental priorities. This area of Titusville presents a great investment opportunity, with a very low cost of entry, and several new developments already underway nearby.
Details
Maps
Location, Tax, and Legal
Tax Account: 2200851
Parcel Number: 22-35-03-53-00000.0-0018.00
General County Location: North
Tax Annual Amount: 4014.75
Tax Year: 2018
Tax Legal Description: WILBURS SUBD LOT 18 EXC E 103 FT
Directions: Follow Garden Street to US 1 (S Hopkins Avenue). Make a right on the one-way street, and go South. Property will be on your left, next to Brevard Tire.
General Property Information
Number Of Units Total: 3
Stories Total: 2
Building Area Total: 2468
Lot Size Acres: 0.24
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 80.63
Sold Price/SqFt: 81
Year Built: 1926
Remarks and Miscellaneous
Public Remarks: 2 story multi-use property with 3 rentable units, including an office, a living/office unit, and a large 2+ bedroom apartment upstairs. 2 units currently occupied, with the lower office still available. Current gross is $1975/mo. Located on the main southbound thoroughfare through Downtown Titusville, with a high traffic-count, and excellent visibility. Nice pavestone parking area and walkways, with room to accomodate 10 vehicles. The property is also situated in the Titusville Downtown Community Redevelopment Area, and incentives are available in the form of tax abatement, relaxed zoning requirements, and developmental priorities. This area of Titusville presents a great investment opportunity, with a very low cost of entry, and several new developments already underway nearby.
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 23700
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
County Jurisdiction: 1
Use Conforms to Zone: 1
Utilities
Cable Available: 1
Other: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 2543
Location
Central Business District: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $199,900
Original List Price: 199000
Sold Price: $199,900
Status: Closed
Listing Contract Date: 2019-04-07
Property Sub Type: Business
Location Tax and Legal
Street Number: 1011
Street Direction Prefix: S
Street Name: Hopkins
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32780
MLS Area Major: 103 - Titusville Garden - SR50
Subdivision Name: Wilburs Subd
Status Change Information
Major Change Timestamp: 2019-10-19T18:51:04Z
Major Change Type: Status Change
Status Change Timestamp: 2019-10-19
Purchase Contract Date: 2019-09-13
Close Date: 2019-10-18
Close Price: 199900
Property Features
Construction Materials: Concrete
Cooling: Central Air
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Lease Option
Location: Central Business District
Possession: Close Of Escrow
Roof: Composition
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: County Jurisdiction; Use Conforms to Zone
Utilities: Cable Available; Other
Water Source: Public
Listing Office: Sperry CGA-Flint Brokers
Last Updated: August - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.