UPDATED:
10/02/2024 05:11 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 2,878 sqft
Price per Sqft $408
Subdivision Bayview Manor
MLS Listing ID O6220489
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $6,910
Lot Size 0.260 Acres
Acres 0.26
Property Description
Included in this opportunity is a concrete block, single-family home on its own parcel, located behind the motel and rented for $2,000 per month. On-site laundry and vending machines bring in an additional $50–$75 per week, not reflected in our pro-forma.
Guests enjoy a world-class view of SpaceX rocket launches. In addition, Downtown Titusville is thriving, and offers live theater, quaint restaurants and breweries, boutique shops, bike trails, and a public boat ramp. Playalinda Beach is a quick ten-minute drive away. Walk into this turn-key property and generate a 10% yield, from day one.
Seller Financing is available for qualified buyers with 30% down.
Location
State FL
County Brevard
Community Bayview Manor
Zoning T
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Appliance Dryer, Microwave, Refrigerator, Washer
Exterior
Garage Parking Spaces - 6 to 12
Utilities Available BB/HS Internet Capable, Electricity Available, Emergency Power, Phone Available, Public, Water Connected
Waterfront false
Roof Type Concrete
Parking Type Parking Spaces - 6 to 12
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675