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
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.
More Information MLS# 879297
Location, Tax, and Legal
Tax Account: 2954484
Parcel Number: 29-38-16-50-00000.0-0019.00
General County Location: South
Tax Annual Amount: 7855.74
Tax Year: 2019
Tax Legal Description: S W MILLERS UNREC SUBD UNREC PLAT PER DB 286 PG 136 PART OF SECT AS DESC IN DB 288 PG 310 KNOWN AS LOT 19 & PART OF SECT
Directions: Directly on Highway 1 between Melbourne and Sebastian.
General Property Information
Number Of Units Total: 6
Stories Total: 2
Building Area Total: 3571
Lot Size Acres: 2.28
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 280.03
Sold Price/SqFt: 271.63
Year Built: 1986
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.
Cooling
Central Air: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Private Financing Available: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 129600
Insurance Expense: 1948
Net Operating Income: 97480
New Taxes Expense: 7856
Other Expense: 2400
Trash Expense: 669
Roof
Metal: 1
Security Features
Security Fence: 1
Security Gate: 1
Security Lights: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Special Listing Conditions
Use Conforms to Zone: 1
Water Source
Well: 1
Waterfront Features
River Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 3813
Fenced: 1
Office: 1
Outside Storage: 1
Pool: 1
Public Restroom: 1
Restaurant: 1
Showroom: 1
Storage: 1
Overhead Crane: 1
Ceiling Type
Drywall: 1
Suspended: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Expenses-Maint & Repair: 406887
Contract Information
Current Price: $970,000
Original List Price: 1000000
Sold Price: $970,000
Status: Closed
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
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
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
Listing Office:
Sperry CGA-Flint Brokers
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.