3800 S Highway 1, Grant-Valkaria, FL 32949

$970,000

Property Type: Commercial Sale Square Footage: 3,571 Lot Size (sq. ft.): 99,317 Status: Closed

Current Price: $970,000 List Date: 7/01/2020 Last Modified: 11/02/2024

Overview

Description

This commercial marine services facility, located between Melbourne and Sebastian, is the last waterfront property in Brevard County zoned for commercial marina with a submerged land lease from the state of Florida. It has 9 new docks, each with power lifts that have the capacity between 1,200 and 1,600 pounds. 1,704SF restaurant/bar with outside/open air dining and large 1,100 SF retail area that was once used as a bait & tackle shop. A second floor, 1,867SF, residence overlooking the intracoastal waterway with a pool. 3 wood decks totaling more than 1,000 SF. 2 of which are covered. An aluminum shed measuring 622.5 SF. There is a79.5 SF wood shed that is used for retail for the front lot. A 243 SF metal building and other small sheds (wood and metal), car ports and structures.

Listing Details MLS# 879297

General Property Information

Number Of Units Total: 6
Stories Total: 2
Building Area Total: 3571
Year Built: 1986
Lot Size Acres: 2.28
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Use Code: 12 / COMMERCIAL, MIXED USE
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
List Price/SqFt: 280.03
Sold Price/SqFt: 271.63

Property Features

Building Features: Fenced; Office; Outside Storage; Pool; Public Restroom; Restaurant; Showroom; Storage; Overhead Crane Ceiling Type: Drywall; Suspended Cooling: Central Air Flooring: Carpet; Tile; Wood Heating: Central Listing Terms: Cash; Conventional; Lease Option; Private Financing Available Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land Security Features: Security Fence; Security Gate; Security Lights; Smoke Detector(s) Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: Use Conforms to Zone Water Source: Well Waterfront Features: River Front

Contract Information

Original List Price: 1000000
Listing Contract Date: 2020-07-01
Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 3800
Street Direction Prefix: S
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32949
MLS Area Major: 342 - Malabar/Grant-Valkaria

Remarks and Miscellaneous

Public Remarks: This commercial marine services facility, located between Melbourne and Sebastian, is the last waterfront property in Brevard County zoned for commercial marina with a submerged land lease from the state of Florida. It has 9 new docks, each with power lifts that have the capacity between 1,200 and 1,600 pounds. 1,704SF restaurant/bar with outside/open air dining and large 1,100 SF retail area that was once used as a bait & tackle shop. A second floor, 1,867SF, residence overlooking the intracoastal waterway with a pool. 3 wood decks totaling more than 1,000 SF. 2 of which are covered. An aluminum shed measuring 622.5 SF. There is a79.5 SF wood shed that is used for retail for the front lot. A 243 SF metal building and other small sheds (wood and metal), car ports and structures.

Status Change Information

Major Change Timestamp: 2020-10-10T14:18:21Z
Major Change Type: Status Change
Status Change Timestamp: 2020-10-10
Purchase Contract Date: 2020-08-17
Close Date: 2020-10-09
Close Price: 970000

More Information

Building Features

Clear Ceiling Height: 3813

Income and Expenses

Gross Scheduled Income: 129600
Insurance Expense: 1948
Net Operating Income: 97480
New Taxes Expense: 7856
Other Expense: 2400
Trash Expense: 669

Historical Information

Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Expenses-Maint & Repair: 406887

Listing Office: Sperry CGA-Flint Brokers

Last Updated: November - 02 - 2024

Information is deemed to be reliable, but is not guaranteed.