Don't miss this rare opportunity to acquire a substantially underpriced motel property along the scenic Indian River in Brevard County. This concrete-block-constructed motel is currently generating income through a combination of short-term and weekly rentals, offering immediate cash flow with significant value-add potential.

The property features a durable metal roof that is less than six years old, and while several units have received light updates, there remains an excellent opportunity to increase revenue and overall property value through proper on-site management, local marketing, and a comprehensive unit renovation program and exterior modernization. The property is currently serviced by two septic systems, both of which have been maintained within the past few years. Additionally, the city has future plans to connect the area to municipal sewer service.

Even in its current condition and despite the challenges presented during the COVID years, the property generated an average of approximately $190,000 annually in lodging revenue from 2019 through 2023. While revenues have softened over the past two years, we believe a strategic renovation plan combined with stronger operational management could quickly restore and enhance performance.

The location is exceptional—situated directly on US Highway 1 with outstanding visibility and traffic exposure, while also being just minutes from the renowned Sebastian Inlet and the Indian River Lagoon. This highly desirable coastal corridor continues to attract tourists, anglers, seasonal visitors, and workforce housing demand.

We've intentionally remained conservative in our projections. At an estimated after-repair value of $90,000 per unit, the property would still represent one of the lowest price-per-door opportunities along Florida's east coast. Rental projections are based on an average rate of just $300 per week per unit, despite evidence suggesting rates of $350 per week or more may be achievable after improvements.

Whether you're looking for a cash-flowing hospitality investment, a value-add repositioning project, or a long-term hold in a growing waterfront market, this property offers substantial built-in equity and multiple paths to profit.

Contact your EquityPro advisor today for additional information and access details.