5690 Highway 1, Grant-Valkaria, FL 32949
1953
YEAR BUILT
$2,750,000
LISTING PRICE
Hotel/Motel
TYPE
Type of Building: N/A
MLS#: 1040453
Status: Active
For More Information Call:
321-255-4242
Property Details:
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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- Acres0.98 acres
- Area342 - Malabar/Grant-Valkaria
- CityGrant-Valkaria
- CountyBrevard
- DirectionsTo reach 5690 S US Highway 1 in Grant Valkaria, FL, head south on US Highway 1 from Melbourne, continue past the Pineda Causeway, and the property will be on your left as you approach the town of Grant Valkaria.
- General County LocationSouth
- Legal DescriptionPART OF LOT 1 SEC 27 & PT OF SE 1/4 SEC 28 AS DES IN DB 370 PG 559
- Listing ID1040453
- Listing StatusActive
- Number Bathrooms20.00
- Property TypeCommercial
- Real Estate Taxes$14,084.30
- SqFt - Total5,372 sqft
- State/ProvinceFL
- StatusActive
- Status Change DateTuesday, March 18th, 2025
- Street NameHighway 1
- Street Number5690
- SubdivisionNone
- Tax Year2024
- Total Building Area5372.00
- TypeHotel/Motel
- UnBranded Virtual TourClick Here
- Year Built1953
- Zip Code32949