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MOTEL for Sale with River Views

1310 S. Harbor City Boulevard, Melbourne, Florida 32901
Sold: $750,000
MOTEL for Sale with River Views

Property Details

Property Type
Land
Building Type
Freestanding
Land Size
1.72 acres
Zoning
C-2
Lease Type
750000

Property Description

Own an extended stretch of US Highway 1 frontage between the Melbourne and Eau Gallie causeways! +/- 300 ft of frontage-zoned C-2 that overlooks the Indian River.  Buildings included are seven motel buildings with +/- 16,659 sf costing only $48/ft.  Building height allowed is 40 ft and a good probability of higher with permission from the city.  Operating motel currently on the land. +/-1.72 acres.  Will sell smaller part if desired.

 EB-5 Immigrant Visa Possibility

Location