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Pelican Lodge 5690 S Us Highway 1 18 Room Hotel Grant, FL 32949 $3,804,322 CAD ($211,351 CAD/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 | $3,804,322 CAD | Lot Size | 0.98 AC |
| Price Per Room | $211,351 CAD | 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 | $3,804,322 CAD |
| Price Per Room | $211,351 CAD |
| 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 | $83.00 CAD | - |
| Guest Room | 16 | $73.32 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 29-38-27-00-00506.0-0000.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,507,508 CAD |
PROPERTY TAXES
Parcel Number
29-38-27-00-00506.0-0000.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,507,508 CAD
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Pelican Lodge | 5690 S Us Highway 1
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