5690 Highway 1, Grant-Valkaria, FL 32949
About Property
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.
Essential Property Information
- Year Built: 1953
- Price: $2,750,000
- Property Type: Commercial
- Country: USA
- City: Grant-Valkaria
- Bathrooms: 20.00
Additional Property Info
- Acres: 0.98 acres
- Listing ID: 1040453
- Listing Status: Active
- Number Bathrooms: 20.00
- Property Type: Commercial
- Real Estate Taxes: $14,084.30
- SqFt - Total: 5,372 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Tuesday, March 18th, 2025
- Street Name: Highway 1
- Street Number: 5690
- Subdivision: None
- Tax Year: 2024
- Total Building Area: 5372.00
- Type: Hotel/Motel
- Virtual Tour: Click Here
- Year Built: 1953
- Zip Code: 32949
Property Details
0.00 Square Feet
-
0 Bedrooms
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20.00 Bath
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