Seller Financing
Address
3485 US HIGHWAY 1 Mims, FL
Price
$ 585,000
Property Attributes
- MLS#O5897704
- TypePending
- CountyBREVARD
- CityMims
- AreaMims
- NeighborhoodPine Grove Park
- Zip32754
- StyleHotel/Motel
- Year Built1959
- Taxes2101
- Price$ 585,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3765
- Lot Size0.98 Acres
Listing Provided Courtesy Of:
VISULATE LLC
Property Description
OWNER FINANCING AVAILABLE! Independently-owned motel with no fees to a hotel chain. This 9 unit motel with 8 rentable units offers rooms that come complete with upgraded WiFi, cable, and kitchenettes which makes it a perfect place to stay for sub-contractors that work out of NASA, Space X, and Blue Origin many of which already stay regularly at the property for weeks and months at a time. The 2 bed / 1 bath managers suite that could be converted back into 2 additional units totaling 10 units. The motel is situated on 0.98 acres and sits on a corner lot with direct US-1 road frontage. The large sign out front is visible during the day and night, and a smaller digital sign has been added to the top of the larger sign for increased advertisement. NOTE: this motel owner currently ONLY accepts cash, no debit/credit cards and no online presence like Expedia; meaning there is MAJOR room for increased revenue. This property is zoned BU-1, The zoning commission has said that additional units can be added as their is no density limit, however there is a structural coverage limit which is 40% meaning you can add as many units as you would like until that limit is met. If you build anything new on the property it must be built to the TU-1 standards per code 62-1511
| Price History | |
|---|---|
| 10/7/2020 | Listed $585,000 |
General Features
| Business Type | Hotel/Motel |
|---|---|
| Construction Materials | Block |
| Cooling | Wall/Window Unit(s) |
| Flooring | Ceramic Tile |
| Heating | Electric |
| MLS Area | 32754 - Mims |
| Property SubType | Hotel/Motel |
| Property Type | Commercial |
| Roof | Other |
| Sewer | Septic Tank |
| Special Listing Conditions | None |
| Status | Pending |
| Subdivision Name | PINE GROVE PARK |
| Terms | Cash, Conventional, Other |
| Total Num Buildings | 1 |
| Township | 21 |
| Utilities | Public |
| Year Built | 1959 |
| Zoning | BU-1 |
Interior Features
| Numof Hotel Motel Rms | 8 |
|---|
Exterior Features
| Building Area Total | 3765.00 |
|---|---|
| Foundation Details | Slab |
| Lot Features | Corner Lot, Rural |
| Lot Size Acres | 0.98 |
| Lot Size Square Feet | 42689 |
| Road Frontage Type | Divided Highway, Highway, Main Throrughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 32754
Price
Taxes
Visits
Year Built
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