3550 S Washington Ave - Titusville Redevelopment Resort & Destination 2.2 Acres of Commercial Land Offered at $6,900,000 in Titusville, FL 32780

Discover exceptional development opportunities at this brand-new, master-planned community in Titusville, a rapidly growing market on Florida's Atlantic Coast.

Currently underway, the first phase of the Titusville Resort and Destination project features a mixed-use development combining an assisted living facility (ALF), multifamily residences, a Cambria hotel, and two restaurant outparcels within an integrated, community-oriented plan.

Comprising approximately 318,000 square feet, the multifamily component features a six-story, U-shaped apartment building with 240 units, including 114 one-bedroom, 84 two-bedroom, and 42 three-bedroom layouts, each offering either a balcony or patio. Unit sizes average 840, 1,316, and 1,540 square feet, respectively. The 56,000-square-foot first floor will include 24 one-bedroom units, a 15,000-square-foot community room, 3,000-square-foot maintenance and management spaces, a 4,000-square-foot gym, and a lobby. The courtyard will feature a 1,800-square-foot clubhouse and a 2,500-square-foot zero-entry pool shared by residents and seniors.

Phase 1 infrastructure at the ALF site is now complete, including low and high-voltage electrical lines, water and sanitary systems, gas lines, FPL and Spectrum conduits, and a shared lift station. The 29,000-square-foot first floor will feature 11 ALF units, a large lobby, commercial kitchen, laundry facilities, primary and private dining areas, a gym, salon, bar, theater, chapel, administrative and marketing offices, a security room, conference and activity rooms, and nurse stations located on each floor. The second floor will have 25 memory care units and 14 ALF units, the third floor 26 ALF units, and the fourth floor 24 ALF units. Units include 20 studios (669 square feet), 60 one-bedroom units (905 square feet), and 20 two-bedroom units (1,301 square feet), all of which feature balconies. A 4,000-square-foot top-floor observation deck will offer panoramic views of the area.

Cambria Hotel, a five-story, 153-room property under the Choice Hotels brand, will be built on a 3-acre site totaling 87,000 square feet. It will feature a 5,000-square-foot observation deck and 19,000 square feet of space on the ground floor, including a 4,000-square-foot attached restaurant that operates independently of the hotel. Guests will enjoy panoramic views of Cape Canaveral, as well as NASA, SpaceX, Boeing, and Blue Origin, along with interior and rooftop restaurants and a full bar.

Two outparcels along US Highway 1 will feature a 5,000-square-foot sit-down restaurant with dedicated parking, as well as a 3,000-square-foot drive-through restaurant. Shared outdoor amenities, including the clubhouse, courtyard, and pool, will foster interaction among residents, hotel guests, and visitors. Altogether, the development creates a vibrant, high-quality mixed-use community integrating residential living, senior care, hospitality, and retail within a unified master plan.