$1,850,000
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501 N Miramar AVE Indialantic, FL 32903
7,670 SqFt
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 7,670 sqft
Price per Sqft $241
MLS Listing ID 894498
Sold Date 03/09/21
Total Fin. Sqft 7670
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1951
Tax Year 2020
Lot Size 0.620 Acres
Acres 0.62
Property Description
INVESTOR ALERT!! One of the last pieces of direct oceanfront real estate near the Indialantic Boardwalk. The new owner will have the option to take over a 29 year successful business as an 17 unit motel or develop their own dream. The current location is also zoned for condominiums. Located walking distance to shopping, restaurants, and nightlife this property has the ability to cater to both short and long term residents. Directly located on A1A it receives steady traffic flow and visibility to your project. Unobstructed ocean views and beach access provide the opportunity to develop unique residences to enhance the landscape of Indialantic and make your mark.
Location
State FL
County Brevard
Direction North on A1A from 5th Ave, just past the Board walk on Right, Look for Beach Tropic Motel.
Interior
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Cable Available
Roof Type Wood Truss/Raft
Garage No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 27-38-31-Eo-00066.0-0006.00
Security Features Smoke Detector(s)
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Bought with Kirschner Real Estate G