4835 S Highway A1a, Melbourne Beach, FL 32951

$1,900,000

Virtual Tour

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Property Type: Commercial Sale Square Footage: 3,520 Lot Size (sq. ft.): 26,136 Status: Closed

Current Price: $1,900,000 List Date: 5/21/2022 Last Modified: 11/02/2024

Overview

Description

OCEANFRONT - .60 Of an Acre With a Pool overlooking the Ocean. 5 Furnished units with a shared laundry room for tenants. 4 units are Efficiencies with full bath and the Main house at the south end of the property has 3 bedrooms 1 full bath, 2 story. The land South of the Motel is State Land never to be built on. City Water. Each unit has it's own electric meter. Tenants pay electric. Sold AS-IS.

Listing Details MLS# 935535

General Property Information

Number Of Units Total: 5
Stories Total: 2
Building Area Total: 3520
Year Built: 1951
Lot Size Acres: 0.6
Property Use: C-MOTOR INN (3900)
Use Code: 39 / HOTELS, MOTELS
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
List Price/SqFt: 568.18
Sold Price/SqFt: 539.77

Property Features

Construction Materials: Frame Cooling: Ceiling Fan(s); Electric; Heat Pump Flooring: Tile Heating: Electric Listing Terms: Cash; Lease Option Possession: Close Of Escrow Sale Includes: Building & Land; Furniture, Fixtures and Equipment Security Features: Smoke Detector(s) Showing Considerations: Occupied Showing Requirements: 24 Hour Notice Special Listing Conditions: Presently Leased Waterfront Features: Ocean Front

Contract Information

Original List Price: 2000000
Listing Contract Date: 2022-05-21
Property Sub Type: Hotel/Motel

Location Tax and Legal

Street Number: 4835
Street Direction Prefix: S
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches

Remarks and Miscellaneous

Public Remarks: OCEANFRONT - .60 Of an Acre With a Pool overlooking the Ocean. 5 Furnished units with a shared laundry room for tenants. 4 units are Efficiencies with full bath and the Main house at the south end of the property has 3 bedrooms 1 full bath, 2 story. The land South of the Motel is State Land never to be built on. City Water. Each unit has it's own electric meter. Tenants pay electric. Sold AS-IS.

Status Change Information

Major Change Timestamp: 2022-08-10T22:38:14Z
Major Change Type: Status Change
Status Change Timestamp: 2022-08-10
Purchase Contract Date: 2022-06-08
Close Date: 2022-08-10
Close Price: 1900000

More Information

Building Features

Clear Ceiling Height: 3696

Historical Information

Public Historical Remarks 3: Legal/Misc-Home Warranty: No

Listing Office: Salt Water Realty of Brevard

Last Updated: November - 02 - 2024

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