2006 Washington Ave, Titusville, FL 32780-4739
This exceptional investment opportunity presents a unique 0.31-acre commercial property located at 2006 Washington Avenue in Titusville, Florida, 32780. The property, a charming mid-century motor court, boasts 15 well-appointed rooms, including three full guest suites on the second floor. One suite features a private entrance and courtyard, and two rooms are designed for double occupancy. Significant recent improvements exceeding $60,000 have been made, encompassing a new metal roof, exterior paint, window replacements, tankless water heaters, a security camera system, an upgraded electrical panel, combination door locks, custom tropical-design railings and stairs, and new paver walkways and patios. The property also includes an on-site coin-operated laundry and a maid's storage room. An approximately 800-square-foot private apartment on the second floor offers a river view and features a full kitchen, living room, dining area, a spacious bedroom with an ensuite bathroom, and ample closet space. The property's prime location on US Highway 1 ensures high visibility and access to both local and tourist traffic. National brand shopping, restaurants, and a movie theater are within a half-mile radius, and numerous locally owned businesses are within one mile. The asking price for this remarkable property is $1,250,000.
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Siesta Motor Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
T · Titusville, FLTitusville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.