Waterfront
Address
6275 Highway 1, Grant, FL
Price
$ 1,469,500
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

Property vs Commercial Average in 32949

Price
AVG $1.47M
$1.47M
Visits
AVG 87
91
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1940