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AboutDevelopment ServicesPrivate OfficeFranchising
USD $2,750,000
5690 Highway 1, Grant-Valkaria, FL, 32949, US
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Listing Courtesy of  Reach Commercial Real Estate
20 Ba
5,372 sq.ft
MLS#: 1040453
Pelican Lodge is a stabilized 19-unit weekly and monthly stay lodge located on US 1 in Grant-Valkaria, Florida. Acquired as a distressed asset, the property underwent a full renovation over the past year, repositioning it as an income-producing operation with 100% occupancy. Reservations are secured through May 2025, with a waitlist in place for summer months. The lodge operates
efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation. Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside.
efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation. Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside.
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Listing Highlights

  • Subtype

    Hotel/Motel

  • Price Per Sq Ft

    $511.91

  • Year Built

    1953

  • Attached Garage Y/N

    Yes

  • Living Area (Sq Ft)

    5,372 sq.ft

  • Tax Annual Amount

    $14,084.3

  • Lot Size (Acres)

    0.98

  • Heating

    Central

  • Cooling

    Central Air

  • County

    Brevard

  • Subdivision

    None

Property Details

  • Interior Features

      Bathrooms

    • Total Bathrooms: 20

      • Heating & Cooling

    • Heating: Central
    • Cooling: Central Air
  • Utilities
    Utilities
    Other
    Water Source
    Public
    Sewer
    Public Sewer
  • Exterior Features
    Lot Features
    Cleared, Few Trees
  • Construction
    Property Type
    Commercial Sale
    Construction Materials
    Other
    Year Built
    1953
    Property Subtype
    Hotel/Motel
  • Parking
    Parking Features
    Attached

Location

  • FL
  • Grant-Valkaria
  • 32949
  • Brevard
  • 5690 Highway 1

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Updated: May 12, 2025 9:20 AM