5815 Highway A1a, Melbourne Beach, FL 32951
$2,100,000
Property Type:
Commercial Sale
Square Footage:
9,344
Lot Size (sq. ft.):
39,204
Status:
Closed
Current Price:
$2,100,000
List Date:
10/12/2016
Last Modified:
11/01/2024
Overview
Description
Own and live your dream! Tiara By The Sea is a successful oceanfront motel. There is a direct oceanfront living quarters for yourself or your property manager. Tiara is a 2 buildings complex with 16 individual rooms. 15 units are with kitchenettes and one is a hotel room. This turn key investment has been successfully family owned and operated for 27 years. Guests can fish, swim or just relax by the sparkling pool. Enhance your portfolio. Bed and Breakfast? Apartments? A big waterfront mansion with guest rooms?
Listing Details MLS# 766230
General Property Information
- Number Of Units Total
- 16
- Building Area Total
- 9344
- Year Built
- 1979
- Lot Size Acres
- 0.9
- 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
- 262.2
- Sold Price/SqFt
- 224.74
Property Features
Building Features:
Laundry; Lounge; Office; Pool; Storage
Construction Materials:
Frame; Stucco
Cooling:
Central Air; Wall/Window Unit(s); Zoned
Current Use:
Commercial
Flooring:
Carpet; Tile
Heating:
Zoned
Listing Terms:
Cash; Conventional
Location:
Beach Area; County
Possession:
Close Of Escrow
Roof:
Composition
Sale Includes:
Building & Land; Business Only; Furniture, Fixtures and Equipment
Security Features:
Secured Lobby; Smoke Detector(s)
Sewer:
Septic Tank
Showing Requirements:
Appointment Only; Listing Agent Must Accompany
Utilities:
Cable Available
Water Source:
Well
Waterfront Features:
Ocean Front
Contract Information
- Original List Price
- 2450000
- Listing Contract Date
- 2016-10-11
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 5815
- 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
- Own and live your dream! Tiara By The Sea is a successful oceanfront motel. There is a direct oceanfront living quarters for yourself or your property manager. Tiara is a 2 buildings complex with 16 individual rooms. 15 units are with kitchenettes and one is a hotel room. This turn key investment has been successfully family owned and operated for 27 years. Guests can fish, swim or just relax by the sparkling pool. Enhance your portfolio. Bed and Breakfast? Apartments? A big waterfront mansion with guest rooms?
Status Change Information
- Major Change Timestamp
- 2017-04-11T16:39:28Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2017-04-11
- Purchase Contract Date
- 2017-03-12
- Close Date
- 2017-04-10
- Close Price
- 2100000
More Information
Building Features
- Clear Ceiling Height
- 10203
- Laundry
- Yes
- Lounge
- Yes
- Office
- Yes
- Pool
- Yes
- Storage
- Yes
Location, Tax, and Legal
- Tax Account
- 2954171
- Parcel Number
- 29-38-14-00-00259.0-0000.00
- General County Location
- South
- Tax Annual Amount
- 14088.4
- Tax Year
- 2015
- Tax Legal Description
- N 99 FT OF S 349 FT OF GOVT LOT 1 LYING E OF A1A AS DES IN ORB 1896 PG 209
- Directions
- A1A South of New England Eatery directly on the Ocean. Tiara By The Sea. This is a 2 building complex. Drive to the back where the office is. Located South of Melbourne Beach Publix shopping Center.
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
- Zoned
- Yes
Current Use
- Commercial
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Zoned
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
Security Features
- Secured Lobby
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
Water Source
- Well
- Yes
Waterfront Features
- Ocean Front
- Yes
Showing Requirements
- Appointment Only
- Yes
- Listing Agent Must Accompany
- Yes
Location
- Beach Area
- Yes
- County
- Yes
Sale Includes
- Building & Land
- Yes
- Business Only
- Yes
- Furniture, Fixtures and Equipment
- Yes
Listing Office:
Coldwell Banker Paradise
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.