Property Attributes
- MLS#982267
- TypeCommercial
- CountyBREVARD
- CityGrant
- AreaValkaria
- Zip32949
- StyleHotel-Motel
- Price$ 1,469,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4556
- Lot Size0.76 Acres
Data Source:
Space Coast AOR
Property Description
Pearl Island Riverfront Motel is located on US HWY 1 in peaceful Grant-Valkaria. Direct water access to the Indian River with 2 boat slips on the dock. Four buildings house 11 apartments and one Office. Each building sf per Brevard County Tax roll: Buidling 1 (not officially numbered has two stories :2162 SF, Building 2:1332 sf, Building 3: 612SF and Building 4:450 SF. Buildings 2, 3 and 4 are one story buildings.
Price History | |
---|---|
12/11/2023 | Listed $1,469,500 |
General Features
Cooling | Ceiling Fan(s),Wall/Window Unit(s) |
---|---|
Possession | Close Of Escrow |
Roof | Rolled/Hot Mop |
Security Features | Smoke Detector(s) |
Construction Materials | Concrete,Stucco |
Year Built | 1940 |
Property SubType | Hotel-Motel |
Tax Year | 2023 |
Waterfront Features | River Front |
County | Brevard |
Net Operating Income | 24574.0 |
Insurance Expense | 1837.0 |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Subdivision Name | None |
Building Features | Separate Office Area |
Status | Active |
Directions | Head South on US 1. Pass Grant Antique Mall. Property on left. |
City | Grant |
Body of Water | Indian River |
View Y/N | No |
Senior Community Y/N | No |
Total Units | 11 |
MLS Area | 342 - Malabar/Grant-Valkaria |
Lot Size Square Feet | 33105.6 |
Waterfront Y/N | Yes |
Street Name | Highway 1 |
Land Lease Y/N | No |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
MLS Area Minor | 342 - Malabar/Grant-Valkaria |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/spc/982267 |
Standard Status | Active |
Taxes | 8517.0 |
MobileHomeRemainsYN | No |
Legal Description | PART OF S 1/2 OF G L 3 E OF US 1 AS DESC IN ORB 717 PG 194 |
Interior Features
Flooring | Carpet |
---|---|
Total Stories | 1 |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Electric On Property Y/N | No |
Exterior Features
Water Source | Well |
---|---|
Inclusions | {u'Building & Land': True,u'Business with Real Estate': True} |
Lot Size Area | 0.76 |
Spa | No |
Lot Size Acres | 0.76 |
Lot Size Units | Acres |
Crops Included Y/N | No |
Open Parking Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool