$950,000
Titusville, FL 32780
MLS# 1004861
Status: Closed
16 baths | 5810 sqft
1 / 80
Property Description
Welcome to Titusville - the Gateway for Nature & Space! Mid-Century roadside Motor Court with all the charm of original! 15 nicely appointed rooms including 3 full guest suites on 2nd floor, 1 suite with private entrance & courtyard & 2 adjoining rooms for double occupancy. Over $60k in recent improvements including metal roof! Located on US Hwy 1 with local & tourist traffic. Many recent updates - exterior paint, windows, roof, tankless water heaters, security camera systems, electric panel upgrade, combination door locks, custom tropical design railing & stairs, paver walkways & patio & more! On-site coin operated laundry and maid's storage room. Upstairs private apartment with balcony - appx 800 sqft offers river view & features layout of full kitchen, living room, dining area, generous bedroom with on-suite & lots of closet space. National brand shopping, restaurants & movie theater located within less than 1/2 mile of site. Within 1 mile radius, abundant locally owned businesses.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $950,000
Original List Price: 1500000
Sold Price: $950,000
Status: Closed
Listing Contract Date: 2024-02-13
Property Sub Type: Hotel/Motel
Location, Tax, and Legal
Tax Account: 2205914
Parcel Number: 22-35-10-01-00000.0-0064.00
General County Location: North
Tax Annual Amount: 6723.74
Tax Year: 2023
Tax Legal Description: RIVERSIDE PARK SEC A LOTS 64,65 EX HWY R/W
Additional Parcels YN: No
Directions: Scenic US Hwy 1 - North of Cheney Hwy ... just blocks from Titus Landings ... if driving northbound, must U-turn at S Terrier Trl ... Siesta Motel located on corner of US 1 & Parrish Ave
General Property Information
Number Of Units Total: 0
Stories Total: 2
Building Area Total: 5810
Building Area Source: Assessor
Lot Size Acres: 0.31
Association YN: No
Building Name: Siesta Motel
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
List Price/SqFt: 215.15
Sold Price/SqFt: 163.51
Bathrooms Total: 16
Year Built: 1963
Remarks and Miscellaneous
Public Remarks: Welcome to Titusville - the Gateway for Nature & Space! Mid-Century roadside Motor Court with all the charm of original! 15 nicely appointed rooms including 3 full guest suites on 2nd floor, 1 suite with private entrance & courtyard & 2 adjoining rooms for double occupancy. Over $60k in recent improvements including metal roof! Located on US Hwy 1 with local & tourist traffic. Many recent updates - exterior paint, windows, roof, tankless water heaters, security camera systems, electric panel upgrade, combination door locks, custom tropical design railing & stairs, paver walkways & patio & more! On-site coin operated laundry and maid's storage room. Upstairs private apartment with balcony - appx 800 sqft offers river view & features layout of full kitchen, living room, dining area, generous bedroom with on-suite & lots of closet space. National brand shopping, restaurants & movie theater located within less than 1/2 mile of site. Within 1 mile radius, abundant locally owned businesses.
Construction Materials
Block: 1
Cooling
Electric: 1
Wall/Window Unit(s): 1
Current Use
Hotel/Motel: 1
Fencing
Privacy: 1
Flooring
Laminate: 1
Terrazzo: 1
Tile: 1
Heating
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Parking Features
Additional Parking: 1
Parking Lot: 1
Possession
Close Of Escrow: 1
Income and Expenses
Net Operating Income: 190000
Operating Expense: 78000
Owner Pays
All Utilities: 1
Road Frontage Type
City Street: 1
Highway: 1
Roof
Metal: 1
Security Features
Closed Circuit Camera(s): 1
Security Lights: 1
Security System Owned: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Restricted Hours: 1
Building Features
% Air Conditioned or Heated: 100
Kitchen Facilities: 1
Laundry: 1
Lobby: 1
Manager on Premise: 1
Separate Office Area: 1
Storage: 1
Ceiling Type
Drywall: 1
Location
City: 1
Operating Expense Includes
Cable TV: 1
Supplies: 1
Utilities: 1
Water/Sewer: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Location Tax and Legal
Street Number: 2006
Street Direction Prefix: S
Street Name: Washington
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32780
MLS Area Major: 103 - Titusville Garden - SR50
Subdivision Name: Riverside Park Sec A
Status Change Information
Major Change Timestamp: 2024-08-22T16:04:59Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-24T18:51:07Z
Status Change Timestamp: 2024-08-22
Purchase Contract Date: 2024-08-09
Close Date: 2024-08-20
Close Price: 950000
Property Features
Building Features: Kitchen Facilities; Laundry; Lobby; Manager on Premise; Separate Office Area; Storage
Ceiling Type: Drywall
Construction Materials: Block
Cooling: Electric; Wall/Window Unit(s)
Current Use: Hotel/Motel
Fencing: Privacy
Flooring: Laminate; Terrazzo; Tile
Heating: Electric
Listing Terms: Cash; Conventional; Private Financing Available
Lot Features: Corner Lot
Operating Expense Includes: Cable TV; Supplies; Water/Sewer
Owner Pays: All Utilities
Parking Features: Additional Parking; Parking Lot
Possession: Close Of Escrow
Road Frontage Type: City Street; Highway
Roof: Metal
Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: Closed Circuit Camera(s); Security Lights; Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Restricted Hours
Utilities: Cable Connected; Electricity Connected; Natural Gas Available; Sewer Connected
Water Source: Public
Siesta Motel 2023 P&L 
Listing Office: Coldwell Banker Paradise
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.