500 Washington AveTitusville, FL 32796

  • Land
  • 0.33 AC
For Sale

Property Details for 500 Washington Ave

Lot size
0.33 AC
Zone code
CC
Property type
Land
Property subtype
Commercial land
APN
21-35-33-00-00754.1-0000.00
APU
9223372036854775807

Description

This exceptional 25,243-square-foot medical office building is located at 500 N Washington Ave, Titusville, FL 32796, in Brevard County. The property boasts ample parking (5.28 spaces per 1,000 sq ft) and sits on a sizable lot ranging from 2.31 to 3.23 acres. Its prime location on North Washington Avenue offers excellent visibility and accessibility. The building is move-in ready and presents a compelling investment or redevelopment opportunity. Situated within a highly sought-after medical district on Florida's Space Coast, it benefits from proximity to Eastern Florida State College (within one mile), with its 1,711 students and 1,200 employees, and is also conveniently located near Parrish Medical Center. Titusville's location on Florida's Space Coast provides easy access to major cities like Orlando and Daytona Beach via I-95 and SR 528, combining small-town charm with convenient access to urban amenities. The property's 29,500 CPD (Cars Per Day) further underscores its high-traffic location and potential. This is a rare opportunity to acquire a well-positioned medical office building in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,909,411
    Hospitality
    $3,581,000
    Educational
    $2,979,350
    Medical
    $3,081,814
    Retail
    $4,634,544
500 Washington Ave, Titusville, Florida

Location Insight

City
Titusville
County
Brevard
State
Florida
Latitude
28.619
Longitude
-80.8165
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
$1,077
$33,300
-
$33,300
-
$33,300
-
$33,300

FAQs

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