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1220 S Washington Avenue, Titusville, FL 32780
$950,000
1220 S Washington Avenue, Titusville, FL 32780View this property at 1220 S Washington Avenue, Titusville, FL 32780
1220 S Washington AvenueTitusvilleFL32780
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Property Description
The property consists of a 2,009+-sq ft concrete building on .53+- acres with direct access from Highway US 1 and South Washington Avenue. The property was renovated in 1962 as a gas station and further renovated to its current state. In approximately 2016-2017 a new roof was placed on the building by the current owners. In approximately 2016-20177- 7-Eleven acquired a portfolio of several gas and convenience operations to include an existing lease on the building which they ran as a gas and convenience store for several years. The building is currently vacant. The current lease with 7-Eleven expires in August 31 2024. However, 7-Eleven continues to maintain the building . All gas pumps have been removed from the property and all remediation has been approved and completed. They also renovated the bathrooms to ADA standards. The building is zoned ''Down Town Mix Use and ''Mid Town'' which is a very liberal zoning which allows most commercial usages to include work-live, multi family, duplex, triplex, and quad-plex at a density of 30 units per acre and a height restriction of 5 stories. Also as noted in the "Offering Summary, the property is located in and a part of the Titusville CRA-Commercial Re-Development Agency. This designation allows and provides for possible financial development grants for future development and re-development. Building Construction: Masonry Conc. Roof BU-TG/MMBRY Bar Joist Rigid (Brevard County Property Appraisers Records) Lot Size: 0.53 Acres Irregular Shape. Dual frontage: Hwy US 1 and Washington Avenue Note: Current 7-Eleven Lease: When the property is sold, the Buyer becomes the new Landlord. The Lease stays intact until it expires or until it is terminated. If the Buyer wants immediate access to the building either for renovations or demolition, the lease will have to be terminated. Lease expires is August of 2024
Full Property Details
Full Property Details for 1220 S Washington Ave
General
- Price: $950,000
- Taxes: $4,363 (2023)
- Status: Active
- Type: Vacant Land
- MLS ID: 1007260
- Updated: 3/9/2024
- Added to Site: 55 day(s) ago
Additional Information
- Pool: Yes
- Pool Description: Other
Location
- Area: 103 - Titusville Garden - SR50
- County: Brevard
- Subdivision: None
- Driving Directions: Located in the Space Coast of Florida in Titusville at the busy intersection of Hwy US 1 and Washington and on the Southern Border of the Commercial ReDevelopment District Brevard County Florida.
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available
Structural Information
- Current Bldg. Use: Commercial, Mixed Use
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,087
- Lot Features: Other
Financial Considerations
- Tax Amount: $4,363.11
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
- Legal Description: GLEASONS ADDN TO TITUSVILLE, RESUBD LOTS 12 TO 17 EX RD R/W BLK 10
- Property ID: 22-35-03-56-00010.0-0012.00
Listed by Dreyer & Associates R.E. Grp.
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Schools
Schools serving 1220 S Washington Ave
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
850 Knox McRae Dr, Titusville, FL 32780 | PK-6 | 2.5 mi | |
1515 Knox McRae Dr, Titusville, FL 32780 | 7-8 | 2.3 mi | |
150 Terrier Trl S, Titusville, FL 32780 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 S Washington Ave
Date
Details
Price
Change
Source
3/08/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 S Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,363
5%
$173,850
1%
2022
$4,163
-3%
$172,710
—
2021
$4,293
—
$172,210
1%
2021
$4,293
-43%
$170,780
-45%
2018
$7,588
5%
$313,000
8%
2017
$7,220
3%
$290,000
-1%
2019
$6,995
10%
$293,730
10%
2016
$6,372
5%
$268,000
9%
2015
$6,085
2%
$245,000
3%
2014
$5,954
—
$238,000
1%
2013
$5,973
—
$235,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 S Washington Ave
1220 S Washington Avenue, Titusville, FL 32780 (MLS# 1007260) is a Vacant Land property with a lot size of 0.53 acres. 1220 S Washington Avenue is currently listed for $950,000 and was received on March 08, 2024. Want to learn more about 1220 S Washington Avenue? Do you have questions about finding other Vacant Land real estate for sale in Titusville? You can browse all Titusville real estate or contact a Coldwell Banker agent to request more information.