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5690 Highway 1, Grant-Valkaria, FL 32949
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$2,750,000
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Home Details for 5690 Highway 1
Price
$2,750,000
Type
Commercial/Industrial
Total Bathrooms
20
Year Build
1953
Sq. Ft.
5372
Lot Size
0.98
County
Brevard
Tax
$14,084.3
MLS®️ Listing#
1040453
On exitrealty.com
117 days
Property Description
Pelican Lodge is a stabilized 19-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.
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Listing Courtesy: Reach Commercial Real Estate - 321-300-4773
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.
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Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
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$2,750,000
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EXIT RIGHT REALTY
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