$510,000
Mims, FL 32754
MLS# 887058
Status: Closed
3765 sqft
1 / 22
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.
Details
Maps
Location, Tax, and Legal
Tax Account: 2102118
Parcel Number: 21-35-06-00-00764.0-0000.00
General County Location: North
Elementary School: Pinewood
Middle School: Madison
High School: Astronaut
Tax Annual Amount: 2228.05
Tax Year: 2020
Tax Legal Description: PART OF W 2/3 OF E 3/4 AS DES IN DB 429 PG 267
Directions: North on Highway 1 from SR 46. Property is on the corner of Irwin.
General Property Information
Number Of Units Total: 9
Living Area: 3765
Living Area Source: Public Records
Building Area Total: 3765
Lot Size Acres: 0.98
Lot Size Square Feet: 42689
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Parking Total: 9
Use Code: 39 / MOTOR INN
Senior Community YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 155.38
Sold Price/SqFt: 135.46
Year Built: 1959
Remarks and Miscellaneous
Public Remarks: 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.
Appliances
Other: 1
Closing Company Details
Closing Company Name: Title Solutions of Florida Inc
321 586 2095
Closing Company Address: 2625 Barna Ave, Titusville 32780
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Flooring
Terrazzo: 1
Tile: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Owner Pays
Cable TV: 1
Electricity: 1
Pest Control: 1
Water: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Other: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Site Location-Major Roadway: Y, Possible Financing-Holding 1st: Y, Style-Efficiency/Studio: Y, Parking-< 1 Space Per Unit: Y, Number of Buildings: 1 Building
Contract Information
Current Price: $510,000
Original List Price: 585000
Sold Price: $510,000
Status: Closed
Listing Contract Date: 2020-10-06
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 3485
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32754
MLS Area Major: 101 - Mims/Scottsmoor
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-01-28T19:16:59Z
Major Change Type: Status Change
Status Change Timestamp: 2021-01-28
Purchase Contract Date: 2020-12-08
Close Date: 2021-01-28
Close Price: 510000
Property Features
Appliances: Other
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Financial Data Source: Owner
Flooring: Terrazzo; Tile
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Cable TV; Electricity; Pest Control; Water; Other
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Other
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Supplements
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.'||chr(10)||''||chr(10)||'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'||chr(10)||''||chr(10)||'
Listing Office: Visulate LLC
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.