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5815 S Highway A1a, Melbourne Beach, FL

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5815 S Highway A1a

Melbourne Beach, FL 32951-3702 - Brevard County Submarket

Property Type:Hospitality Number of Rooms:15 Status:Existing Year Built:-
Stories:2 Building Size:9,344 SF Land Area:.9 AC (39,204 SF)
For Sale Price:$2,450,000 Price/Room:$163,333 Cap Rate:10.00 %


Peaceful, serene and well kept- is what guests are raving about at this charming, 15 unit ocean front motel. Boasting a spacious 2nd floor additional living quarters for yourself or a manager. With 99 feet of spectacular sandy ocean frontage your guests can fish, swim or just relax and enjoy the large sparkling pool. Note each unit is an efficiency unit! Your new investment has been successfully family operated for over 15 years with excellent reputation on the internet. Some of the rooms are suites for added income. All units have their own individual AC. Enhance your portfolio now as this location and property has an ocean of possibilities we know you will love! Financials given at investors request. Please contact Doris Curry for additional info 321-480-1108
From 1-92 South on A1A past publix about 9 miles on A1A. Motel is on east side of A1A.

Sale Notes:
Tiara by the Sea is a successful, oceanfront motel. There are direct living quarters for an owner/manager or use as the deluxe accommodations. This is a two-building complex with 15 individual rooms. All units are efficiency's but a few are suites. This Turn Key investment has been successfully family owned and operated for 15 years. Guests can swim, fish or just relax by the sparkling pool. Tiara could also be converted to a Bed & Breakfast. Great way to "Live & Own your own Dream"!

Melbourne Beach is a very small township on the barrier Island just east of Melbourne. It has always enjoyed one of the only natural ocean accesses on the island, and for that reason, has an astonishingly long history; it's speculated that this area dates back as far as Ponce de Leon! Gorgeous white sand, expansive beaches and gentle blue/green waves lapping the shoreline. Melbourne Beach is truly a little piece of heaven on earth!

Coldwell Banker Commercial
Linda S Gonzalez
(772) 559-7367

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