5690 S Us Highway 1 - Hospitality FOR SALE


Grant, FL 32949
$2,750,000 USD
321-300-4773
5690 S Us Highway 1, Grant, FL for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

5690 S Us Highway 1
Grant, FL 32949


OVERVIEW

Pelican Lodge is a stabilized 18-unit weekly and monthly stay lodge located on US 1 in Grant-Valkaria, Florida. Acquired as a distressed asset, the property underwent a full renovation over the past year, repositioning it as an income-producing operation with 100% occupancy. Reservations are secured through May 2025, with a waitlist in place for summer months. The lodge operates efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation. Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside. For financials or to schedule a property review, contact 321.514.0876

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$460 USD /SF

# OF ROOMS

18

PRICE/ROOM

$152,778 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pelican Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

TU-1, County

APN/PARCEL ID

29-38-27-00-00506.0-0000.00

ASK ABOUT THIS PROPERTY

Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

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Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.