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807 - 835 Azalea Lane - www.seaturtleinn.net - Sea Turtle Inn, Vero Beach, FL

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807 - 835 Azalea Lane - www.seaturtleinn.net - Sea Turtle Inn

Vero Beach, FL 32963


Property Type:Hospitality Number of Rooms:21 Status:Existing Year Built:1980
Stories:2 Building Size:12,122 SF Land Area:.6 AC (26,101 SF)
For Sale Price:$3,900,000 Price/Room:$185,714 Cap Rate:-

Parking:-



Sale Notes:
PROPERTY SUMMARY
- Fantastic beachside location!
- 21 unit 2 Story building with tile floors and private baths.
- Nine one-bedroom apartments and 2 two-bedroom apartments, with 10 efficiency units.
- On-site laundry facilities.
- Walking distance to area restaurants, shopping and beach!
- Courtyard pool and garden walkways!
- Parking for 24 cars.


PROPERTY - .60 Acres with 200 ft. frontage on Azalea Lane with 129 ft. of depth
BUILDINGS -
7,591 sf 2 story building - 807 Azalea Lane
4,090 sf 2 story building - 835 Azalea Lane
ZONING - RM-10/12 Medium & High Density Family
YEAR BUILT -
1956 - 807 Azalea Lane
1958 - 837 Azalea Lane
R.E. TAXES - $15,716.41 - 2015 both parcels combined
GROSS INCOME - $325,000
SALE PRICE - $3,900,000

Lambert Commercial Real Estate, Inc
Billy Moss
(772) 778-2334




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