← Alpha board
lagoon · Titusville, Brevard County, FL
Titusville Riverside Drive / Indian River launch-view corridor (US-1 riverfront, downtown to River Park Blvd)
discoveredevidence: high
screen
model pb-score-v1
West-bank Indian River frontage is the permanent grandstand for KSC launches; acquire price-cut riverfront under $900K and convert to event-priced STRs monetizing the launch calendar.
Asking price
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Suggested offer
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Do-not-exceed
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Renovation range
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Visible scores — no black box
Asset — quality & scarcity70
Alpha — why the market is wrong75
Operating — durable use / income75
Risk — threats to capital (low is good)42
RealtyFund fit62
Composite69
Thesis
Named catalyst
Hotels sold out region-wide for Artemis II; existing launch-view homes operate as branded rentals; current riverfront inventory includes price-cut launch-view listings; 7 non-waterfront Titusville foreclosures ($155K-$360K) as lower-basis feeder
Revenue strategy
Event-priced STR portfolio
Primary risks
- municipal STR restrictions parcel-by-parcel
- launch scrubs compress event-window revenue
- lagoon health/algae events affect appeal
Evidence room
| Source | Kind | Retrieved | Link |
|---|---|---|---|
| Spectrum News 13 | news | 2026-08-01 | open → |
| Homes.com Titusville water-view | listing | 2026-08-01 | open → |
| Homes.com Titusville foreclosures | listing | 2026-08-01 | open → |
Next action
Qualified opportunities advance to RealtyFund diligence. Rehab routes to HomeManager / Handyman / ServiceEscrow; stabilized operations route to PropertyManagement.