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Surfcaster Motel 5935 S Highway A1A

9 Room Hotel Melbourne Beach, FL 32951 £4,552,163 (£505,796/Room)

Executive Summary

Welcome to the best investment opportunity in all of Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties this size directly on the Atlantic Ocean are very rare, please check prices on what they are going for south for this amount of ocean front land. Currently a Nine unit apartment/motel with a full service turnkey RESTAURANT for a total of ten units . 4 efficiency units, two studios with two 1 bedroom and one 2 bedroom apartments. Also has a large two car garage and office .HUGE VALUE ADD OPPORTUNITY ! This would make an incredible resort or wedding destination with full catering available on site. Pool can be added. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities. Ask yourself what will this location be worth in ten years? Check the buying record.
Property Overview: They will come to Escape to the serene shores of Melbourne Beach as you seize the opportunity to transform this prime oceanfront motel and restaurant into a breathtaking, one-of-a-kind resort. Boasting unparalleled views of the Atlantic Ocean, this property offers a unique canvas for renovation, promising a resort experience like no other.
Features:
Spectacular Ocean Views: Enjoy panoramic vistas of the sparkling Atlantic Ocean, providing a picturesque backdrop for a world-class resort.
Ample Accommodation: The motel features a variety of room configurations, providing flexibility for different types of guests—from cozy rooms for couples to spacious suites for families.
Restaurant and Lounge: The on-site restaurant and lounge present the perfect opportunity to create a signature dining experience, attracting both guests and locals alike.
Expansive Outdoor Spaces: The property includes generous outdoor spaces, ideal for creating lush gardens, a pool area, or oceanfront dining terraces to enhance the overall guest experience.
Proximity to Attractions: Conveniently located near popular attractions, this resort has the potential to become a sought-after destination for tourists and locals seeking a luxurious beachfront retreat.
Renovation Potential: With a vision for excellence, this property allows for a complete transformation into a premier resort destination. Renovate the motel rooms, modernize the restaurant, and design unique amenities to create an unparalleled guest experience.
Investment Opportunity: Seize the chance to capitalize on the growing demand for unique and memorable vacation destinations. This oceanfront property in Melbourne Beach presents a rare opportunity for investors and developers to leave a lasting mark on Florida's hospitality landscape.
Key Points to consider when purchasing this Property.
1. 1.53 Acres of land on the oceanside. Currently Largest in Melbourne Beach
2.Huge Value add opportunity to add immediate equity in the property and cash flow.
3.Restaurant on site offers huge potential
4. Appreciation -ask yourself what will it be worth in ten years giving the track history of oceanfront Florida Property.
Please call me at 321-313-0249 for your personal showing today!
Michael DeAngelo

Property Facts

Price £4,552,163
Price Per Room £505,796
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.52 AC
Building Size 6,879 SF
No. Rooms 9
Number of Floors 2
Year Built 1958
Parking Ratio 5.52/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • Restaurant
  • High Speed Internet Access
  • Beach (direct access)
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 £98.12 -
Guest Room 6 £78.50 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-38-14-GZ-00004.0-0015.00
Land Assessment
£755,554
Improvements Assessment
£340,396
Total Assessment
£1,095,949

zoning

Zoning Code TU-1, County (Motel)
TU-1, County (Motel)
  • Listing ID: 33872606

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 5935 S Highway A1A, Melbourne Beach, FL 32951

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