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1220 S Washington Ave, Titusville, FL, 32780

$950,000

0.53 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #1007260
Lot Size0.53 Acres
StatusActive

About 1220 S Washington Ave

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

Property Details

Property Features

Listing Office:

  • Office Name: Dreyer & Associates R.E. Grp.
  • Office Phone: (321) 773-1480
  • Listing Agent: Michael E Dreyer

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Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.53 Acres

School Info

Assigned Schools Information:

  • Titusville High School, Public District Grades 9-12
  • Andrew Jackson Middle School, Public District Grades 7-8
  • Coquina Elementary School, Public District Grades KG-6

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
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Housing Market Comparison

See how this home compares to others in Titusville, FL.

Med. Sold Price

$298.8K

Med. Price/SqFt

$194

Avg. Days On Market

39

# of Sold Homes

100

1220 S Washington Ave vs Titusville

58 DAYS ON ROCKET

+19 Days

$950,000

+$651.1K More

KEY TAKEAWAY

This property is $651.1K more than the Median Sold Price in Titusville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1007260

Listing Office:

  • Office Name: Dreyer & Associates R.E. Grp.
  • Office Phone: (321) 773-1480
  • Listing Agent: Michael E Dreyer

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6748720
6
/10
  • Coquina Elementary School

  • 850 Knox Mcrae Dr

  • 2.45 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6748721
2
/10
  • Andrew Jackson Middle School

  • 1515 Knox Mcrae Dr

  • 2.35 miles

  • Public District Grades 7-8

High School

school-card-donut-6748722
3
/10
  • Titusville High School

  • 150 Terrier Trl S

  • 0.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,547. The majority of Titusville, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1220 S Washington Ave

What is the listing price of this property?

The listing price of 1220 S Washington Ave property is $950,000.

What type of property is this?

The property 1220 S Washington Ave is land located in Titusville, Florida, 32780.

Is this property for sale now?

Active Listing: 1220 S Washington Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1220 S Washington Ave are:
Coquina Elementary School: GreatSchools Rating 6/10
Andrew Jackson Middle School: GreatSchools Rating 2/10
Titusville High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 1220 S Washington Ave is 0.53 acres.
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Rocket HomesFloridaBrevard CountyTitusville327801220 S Washington Ave

This home is located at 1220 S Washington Ave in Titusville, FL and zip code 32780 in the Gleasons neighborhood. This home sits on a 0.53 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $950,000.

Over 14 listings were sold over their listed price in April 2024 in Titusville, FL. In the same period over 51 listings were sold below the listed price and 35 listings were sold for the listed price. The number of homes for sale in Titusville, FL increased by 4.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $298,884, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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