5690 U.S. 1, Grant-Valkaria, FL 32949

Pelican Lodge is located in Grant-Valkaria, Florida, on US 1, with direct access to transportation, dining, and regional attractions. The property is 13.9 miles from Melbourne International Airport and 20 miles from Vero Beach Municipal Airport. Within a 5-mile radius, there are 25 restaurants, including New England Eatery & Pub (3.2 miles), Rib City at Grant Station (8-minute drive), and Old Fish House Bar & Grill (15-minute drive). Nearby attractions include the Barrier Island Center (3.5 miles), Maritime Hammock Sanctuary (2.5 miles), and Grant Antique Mall (8-minute drive). Additional amenities include the adjacent Indian River Lagoon, Sebastian Inlet State Park (10-12 miles south), and Pelican Island National Wildlife Refuge (20 miles south). Recreational options within 25 miles include The Habitat at Valkaria golf course (5-7 miles), ChoZen Retreat (2-3 miles), two rowing clubs, and two shooting ranges. The location provides accessibility, dining variety, and recreational facilities for a commercial multifamily asset.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