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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Medical Office Space
603 Washington Ave Titusville, FL 32796-2107
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5926960
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,566 SF
Lot
3.04 ac (132,422 SF)
Zoning code
CC
APN
21-35-33-00-00762.0-0000.00
UPID
US18-5926960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
North Brevard Medical Support Hospital
-
Health First Diagnostic Center Medical Clinic
-
Mario Barone Physician
-
Parrish Heart & Health Village Medical Clinic
-
Eugene Wenthe, Jr., MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.66M
Owner & transaction history
Amaryllis Holdings LLC · 5 yrs held
Amaryllis Holdings LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+52.7%
Auto repair, garage
$1.8M
+34.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,725,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$1,795,000
6.5%
$1,660,000
7%
$1,540,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,330,000
Current use
COMMERCIAL (GENERAL)
$2,030,000
Change: +53% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,785,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$1,225,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,180,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,075,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.60M (Mar 18 2021)
Last sale anchor
$1.60M
Mar 18 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$193 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,991
Tax year 2023
Assessed value
$1,522,360
Assessed 2023
Previous assessed
$1,418,340
+7.3% YoY
Effective rate
2.04%
On assessed value
Assessed land
$278,090
Assessed improvement
$1,244,270
Land market value
$278,090
Improvement market value
$1,244,270
Total market value
$1,522,360
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
8,566 SF
Lot
3.04 ac (132,422 SF)
Zoning code
CC
APN
21-35-33-00-00762.0-0000.00
UPID
US18-5926960
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FL
Zoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
3.04 ac
Current owner
From public records · entity-resolved
Amaryllis Holdings LLC
Entity
Mailing address
605 N WASHINGTON AVE STE #100, TITUSVILLE, FL 32796-2152
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2021
$1,600,000
Amaryllis Holdings LLC
Hibiscus Holding Company LLC
Warranty Deed
$2,200,000 · Td Bank NA
Jul 6, 2017
—
Hibiscus Holding Co LLC
—
Trustees Deed
related
$17,500,000 · Td Bk NA
Oct 5, 2006
—
Hibiscus Holding Co LLC
—
Deed Of Trust
related
$2,100,000 · Wachovia Bank NA
Aug 7, 2006
—
Hibiscus Holding Co LLC
Florida Cardiovascular Dbp
Quit Claim Deed
related
—
Jan 31, 2005
—
Florida Cardiovascular Dbp Of Trust
Florida Cardiovascular Db
Quit Claim Deed
related
—
Jan 26, 2004
$165,000
Florida Cardiovascular Db
Withers,lyla C
Grant Deed
—
—
—
Hibiscus Holding Co LLC
—
Deed Of Trust
related
$100,000 · Protective Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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