Log In/Sign Up
Your email has been sent.
Pelican Lodge 5690 S Us Highway 1 18 Room Hotel Grant, FL 32949 $2,750,000 ($152,778/Room)
Executive Summary
Pelican Lodge is a stabilized 18-unit weekly and monthly stay lodge located on US 1 in Grant-Valkaria, Florida. Acquired as a distressed asset, the property underwent a full renovation over the past year, repositioning it as an income-producing operation with 100% occupancy. Reservations are secured through May 2025, with a waitlist in place for summer months.
The lodge operates efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation.
Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside.
For financials or to schedule a property review, contact 321.514.0876
The lodge operates efficiently with a lean leasing and cleaning team, resulting in strong cash flow and minimal overhead. While historical financials prior to renovation are limited, current stabilized performance reflects consistent revenue generation.
Offered as a turnkey investment, Pelican Lodge is well-suited for a 1031 exchange or investors seeking immediate income with operational upside.
For financials or to schedule a property review, contact 321.514.0876
Property Facts
| Price | $2,750,000 | Lot Size | 0.98 AC |
| Price Per Room | $152,778 | Building Size | 5,975 SF |
| Sale Type | Investment | No. Rooms | 18 |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1953/2024 |
| Property Subtype | Hotel | Parking Ratio | 3.01/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | TU-1, County - Motel | ||
| Price | $2,750,000 |
| Price Per Room | $152,778 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 5,975 SF |
| No. Rooms | 18 |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2024 |
| Parking Ratio | 3.01/1,000 SF |
| Corridor | Exterior |
| Zoning | TU-1, County - Motel |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $60.00 | - |
| Guest Room | 16 | $53.00 | - |
1 1
Property Taxes
| Parcel Number | 29-38-27-00-00506.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,073,800 |
Property Taxes
Parcel Number
29-38-27-00-00506.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,073,800
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Pelican Lodge | 5690 S Us Highway 1
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.