20 Baths
5,372 SqFt
20 Baths
5,372 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,372 sqft
Price per Sqft $511
MLS Listing ID 1040453
Total Fin. Sqft 5372
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1953
Annual Tax Amount $14,084
Tax Year 2024
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type Hotel/Motel
Property Description
The lodge operates efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation.
Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside.
Location
State FL
County Brevard
Area 342 - Malabar/Grant-Valkaria
Direction To reach 5690 S US Highway 1 in Grant Valkaria, FL, head south on US Highway 1 from Melbourne, continue past the Pineda Causeway, and the property will be on your left as you approach the town of Grant Valkaria.
Interior
Heating Central
Cooling Central Air
Inclusions Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Attached
Utilities Available Other
Present Use Hotel/Motel
Road Frontage State Road
Garage No
Building
Lot Description Cleared, Few Trees
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 29-38-27-00-00506.0-0000.00
Virtual Tour https://www.propertypanorama.com/instaview/spc/1040453
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