Sebastian's Pelican Cottages For Sale
SOLD December 2021 for $1,350,000
11330 US Highway 1, Sebastian, Florida 32958
| Building Size | 10,257 Square Feet |
| Land Size | 0.76 Acres |
| Units | 18 |
| Zoning | (CG) General Commercial |
| Water | County |
| Sewer | County, Septic |
| Electric | FPL |
| Year Built | 1936 |
FEATURES:
- 18 Unit Vacation & Hotel Rental in Sebastian’s Riverfront District!
- 15, One-Bedroom and 3, Two-Bedroom Units
- On-Site Laundry Facilities!
- Recent Capital Improvements Including Re-Plumbing, Re-Roofing, and Renovating Bathrooms/Kitchens.
- Meticulously Maintained and Managed with Strict Requirements for New Guests as well as Diligent Cleaning Standards
BUILDING: 9 Buildings Totaling Approximately 10,257 SF
PROPERTY SIZE: .76 Acres with 172 Ft. of Frontage on US Hwy 1
ZONING: (CG) General Commercial
RE TAXES: $7,221.96 (2020)
UTILITIES: County Water, Sewer & Septic, FPL
NOI: $148,765.53
CAP RATE: 8%
PRICE: $1,795,000
Agent
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Office Phone: (772) 778-2334Fax: (772) 569-9155
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.