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965 E Causeway Blvd
Vero Beach, FL 32963
SEA SPRAY INN - INVESTMENT PROPERTY · Hospitality Property For Sale
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17 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 17 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1956/2023 |
| Lot Size | 0.34 AC | Corridor | Exterior |
| Building Size | 9,042 SF | ||
| Zoning | RM-13 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,042 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2023 |
| Corridor | Exterior |
| Zoning | RM-13 |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
About 965 E CAUSEWAY BLVD , VERO BEACH, FL 32963
FEATURES: - Just steps from the Beach and close to restaurants! - Great Bed and Breakfast Opportunity! - Possible Apartment or Condo conversion! - Second Floor Deck! - One bedroom efficiencies in West wing with traditional style efficiencies in the East wing. - Manager suite at entrance with guest laundry - Many opportunities to increase income! - Public parking immediately next door! BUILDING: 7,342 SF 17 Unit - 2 Story Inn PROPERTY SIZE: .34 Acres, with approx. 114 ft. of Frontage on E. Causeway Blvd. with approx. 127 ft. of Depth. YEAR BUILT: 1956 ZONING: RM-13 UTILITIES: City Water, Sewer, & FPL R.E. TAXES: $13,490.91 (2018) NOI: $204,000 (past 4 year average) CAP RATE: 6% SALE PRICE: $3,550,000
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 17 | $174.00 | - |
Property Taxes
| Parcel Number | 33-40-05-00009-0040-00003.0 | Improvements Assessment | $688,052 |
| Land Assessment | $380,588 | Total Assessment | $1,068,640 |
Property Taxes
Parcel Number
33-40-05-00009-0040-00003.0
Land Assessment
$380,588
Improvements Assessment
$688,052
Total Assessment
$1,068,640
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