Sand Point Office Center

350 North Washington Avenue
Titusville, FL
12,000 Sq. Ft.

Property Facts

Building Area: 12,000 Sq. Ft.
Parcel Size: .91 Acre
Roof: Built Up & Metal Mansard
Number of Units: 12 Units
Unit Range: 500-1500 Sq. Ft.
Year Built: 1958
Construction: CBS
Zoning: CBD-Central Business District
Building Height: Single Story

Property at Purchase

Purchase Price: $330,000.00
Purchase Price PSF: $27.50
Occupancy at Purchase: 40%
Average Rent PSF At Purchase: $4.00-$5.00 PSF

After Renovation and Transformation

Sales Price: $1,600,000.00
Sales Price PSF: $133.33
Occupancy at Sale: 100.00%
Average Rent PSF At Sale: $10.00-$12.00 PSF
Renovation Capital Expenditures: $7.00 PSF

Property at Purchase

After Renovation and Transformation

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