$1,490,000

Estimated payment $8,815/month

Total Views 2,478
3 Beds
3 Baths
3,451 Sq Ft
$432 Price per Sq Ft

Highlights

  • Lagoon View
  • No HOA
  • Central Heating and Cooling System
  • Great Room
  • Tile Flooring
  • Ceiling Fan

About This Home

This one-of-a-kind commercial/residential property on US-1 offers unmatched flexibility, income potential, and front-row views of rocket launches over the Indian River. Spanning 3,451 square feet with three separate meters, private entrances, firewalls, and addresses, this property is built for versatility—whether you're looking to live on-site, generate rental income, or launch a business.The main apartment (1,427 sq ft) is modern and fully renovated (2020) with two bedrooms and two bathrooms. Impact windows and sliding glass doors frame direct water views, and a spacious waterfront patio offers the perfect setting for enjoying sunrises and rocket launches. A 700 sq ft interior studio suite includes a full bathroom, kitchenette, laundry, and its own private entrance—ideal for extended family, overnight guests, or income-generating potential. The 1,327 sq ft commercial unit faces US-1 and is currently leased through January 2027. Use it as passive income or vacate (with notice) the space for your own business needs.The property extends 500 feet into the Indian River. Apartments can be offered furnished or unfurnished. Whether you're an entrepreneur, investor, or simply looking for a flexible and scenic space, this is a rare opportunity to own a truly dynamic waterfront property.

Listing Agent

Hannah True

RE/MAX 200 REALTY Brokerage Phone: 407-629-6330 License #3495769 Listed on: 05/19/2025

RE/MAX 200 REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1965

Lot Details

  • 10,454 Sq Ft Lot
  • Northwest Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned SMU

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,451 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Tile Flooring
  • Lagoon Views
  • Laundry in unit

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Homes

  • 700 SF Accessory Dwelling Unit
  • Efficiency Studio Dwelling Unit

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Bayview Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,024

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3451
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 3451
  • Lot Size Sq Ft: 10454
  • Number Of Lots: 2
  • Directions to Property: Traveling on E SR-50 towards Titusville, keep left onto E Colonial Dr., turn left onto S Washington Ave., the property is on the right.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Titusville
  • Escrow Postal Code: 32796
  • Escrow State: FL
  • Escrow Street Name: Indian River Ave
  • Escrow Street Number: 320
  • List Office Head Office Key Nume: 1050539
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 431.76
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Studio
  • MFR_InLawSuiteUnderAirSqFt: 700.00
  • Attribution Contact: 407-629-6330
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2225
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 320.61
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Sidewalk
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SMU
  • Parcel Number: 22 3510-AZ-*-9.01
  • Additional Parcels Description: 22-35-10-AZ-00000.0-0009.14
  • Additional Parcels: Yes
  • Flood Zone Code: X,AE
  • Homestead YN: 0
  • Lot Size Square Meters: 971

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 7024.32
  • Tax Block: 00
  • Tax Book Number: 1-64
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,527 $335,210 -- --
2022 $5,865 $306,270 $0 $0
2021 $6,216 $305,240 $45,940 $259,300
2020 $4,697 $221,730 $45,940 $175,790
2019 $4,796 $229,340 $45,940 $183,400
2018 $4,415 $191,170 $45,940 $145,230
2017 $4,254 $180,000 $0 $180,000
2016 $3,871 $168,000 $0 $0
2015 $3,747 $156,000 $32,890 $123,110
2014 $3,628 $150,000 $32,890 $117,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $1,490,000 -- $432 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Fidelity Natl Ttl Of Fl Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $251,111 Seller Take Back
Source: Public Records

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Source: Stellar MLS

MLS Number: O6310495

Stellar MLS

APN: 22-35-10-AZ-00000.0-0009.01