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
GET MORE INFORMATION