Harborview Motel 8800 US Highway 1 15 Room Hotel Micco, FL 32976 $1,664,880 CAD ($110,992 CAD/Room)

8800 US Highway 1 presents a rare opportunity to acquire an operating hospitality asset with immediate income and substantial value-add potential in South Brevard County. Offered at $1,200,000 as a potential 1031 Exchange acquisition, the property is currently operated as a weekly motel with 14 rooms rented and one additional room utilized for storage. The owner is highly motivated and preparing for retirement, creating an opportunity to acquire the property at a price point that may be difficult to replicate along Florida's growing Space Coast corridor.
Positioned directly on highly traveled US Highway 1, the property benefits from consistent visibility and convenient access to Sebastian Inlet, the Indian River Lagoon, area beaches, boating destinations, fishing attractions, and other outdoor recreation amenities that drive year-round visitor activity. The location places the asset within a corridor that continues to experience residential and commercial growth, supporting long-term demand for lodging and redevelopment opportunities.
The existing operation provides a foundation for investors seeking to increase income through renovations, operational improvements, or repositioning strategies. Potential future uses may include a boutique motel concept, extended-stay lodging, workforce housing conversion, RV or travel-oriented accommodations, or other redevelopment scenarios subject to local approvals. With highway frontage, established hospitality use, and proximity to coastal recreation destinations, the property offers multiple pathways for value creation.
For investors, developers, and hospitality operators seeking an income-producing asset with redevelopment potential, 8800 US Highway 1 represents an opportunity to acquire a well-located property with upside in an increasingly constrained coastal Florida market.