4215 S Highway A1a, Melbourne Beach, FL 32951

$1,042,750
Property Type: Commercial Sale Square Footage: 4,560 Status: Closed
Current Price: $1,042,750 List Date: 2/01/2016 Last Modified: 11/01/2024

Overview

Description

The Sea View Motel has been a constant in Melbourne Beach since 1950. Top rated on Trip Advisor and lovingly restored by it's current owners in 2008, this turn-key oceanfront property is ready for you! Eight fully furnished units, complete with kitchens and ocean views, this property has reservations well into 2016. New HVAC, stucco, paver walkways, brand new septic tank & leach field, updated floors and furnishings, outdoor shower and ocean-front pergola. Vintage and modern, this property is unique and sought after by today's savvy traveler.

Listing Details MLS# 716484

General Property Information

Number Of Units Total
8
Building Area Total
4560
Year Built
1950
Property Use
C-EXTENDED STAY OR SUITE HOTEL (3930)
Use Code
39 / HOTELS, MOTELS
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
List Price/SqFt
285.09
Sold Price/SqFt
228.67
Lot Size Acres
0

Property Features

Building Features: Kitchen Facilities; Laundry; Manager on Premise; Office; Outside Storage; Private Restroom; Separate Office Area; Storage Ceiling Type: Drywall Construction Materials: Block; Frame Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Current Use: Commercial Flooring: Laminate; Terrazzo; Tile Heating: Central Listing Terms: Cash; Conventional Location: Airport Access; Beach Area; County; Golf Course Possession: Close Of Escrow Roof: Composition; Rolled/Hot Mop Sale Includes: Building & Land; Business Only; Furniture, Fixtures and Equipment Security Features: Smoke Detector(s) Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: County Jurisdiction Utilities: Cable Available Water Source: Public; Well Waterfront Features: Ocean Front Contingency Reason: Other

Contract Information

Original List Price
1300000
Listing Contract Date
2015-01-28
Property Sub Type
Business

Location Tax and Legal

Street Number
4215
Street Direction Prefix
S
Street Name
Highway A1a
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
385 - South Beaches
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
The Sea View Motel has been a constant in Melbourne Beach since 1950. Top rated on Trip Advisor and lovingly restored by it's current owners in 2008, this turn-key oceanfront property is ready for you! Eight fully furnished units, complete with kitchens and ocean views, this property has reservations well into 2016. New HVAC, stucco, paver walkways, brand new septic tank & leach field, updated floors and furnishings, outdoor shower and ocean-front pergola. Vintage and modern, this property is unique and sought after by today's savvy traveler.

Status Change Information

Major Change Timestamp
2016-04-21T01:23:15Z
Major Change Type
Status Change
Status Change Timestamp
2016-04-20
Contingency
Active Under Contract
Purchase Contract Date
2016-02-29
Close Date
2016-04-20
Close Price
1042750

More Information

Building Features

% Air Conditioned or Heated
100
Kitchen Facilities
Yes
Laundry
Yes
Manager on Premise
Yes
Office
Yes
Outside Storage
Yes
Private Restroom
Yes
Separate Office Area
Yes
Storage
Yes

Income and Expenses

Gross Scheduled Income
145000
Insurance Expense
7000
Manager Expense
30000
New Taxes Expense
10000
Other Expense
600
Supplies Expense
3000

Historical Information

Public Historical Remarks 3
Expenses-Utilities: 12000, Expenses-Maint & Repair: 10000, Expenses-Advertising: 700, Expenses-Accounting & Legal: 2000

Location, Tax, and Legal

Tax Account
2851325
Parcel Number
28-38-34-00-00501.0-0000.00
General County Location
South
Tax Annual Amount
11356.8
Tax Year
2014
Tax Legal Description
S 100 FT OF GOV'T LOT 2 SEC 33 & THAT PT OF GOV'T LOT 1 SEC 34 LYING E OF S 100 FT OF GOV'T LOT 2 SEC 33 ALL LYING E OF
Directions
Located on Highway A1A six miles south of 192. Property is located a half mile south of Publix and directly across from Cafe Coconut Cove.

Construction Materials

Block
Yes
Frame
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Wall/Window Unit(s)
Yes

Current Use

Commercial
Yes

Flooring

Laminate
Yes
Terrazzo
Yes
Tile
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes
Rolled/Hot Mop
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

County Jurisdiction
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes
Well
Yes

Waterfront Features

Ocean Front
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Ceiling Type

Drywall
Yes

Location

Airport Access
Yes
Beach Area
Yes
City
Yes
County
Yes
Golf Course
Yes

Sale Includes

Building & Land
Yes
Business Only
Yes
Furniture, Fixtures and Equipment
Yes

Contingency Reason

Other
Yes
Listing Office: Britton Group, Inc.
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.