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Quality Inn Palm Bay-Melbourne

890 Palm Bay Rd NE Melbourne, FL 32904

890 Palm Bay Rd NE, Melbourne, FL, 32904
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For Sale
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67-room hotel off I-95 near Melbourne Beach.

Days on Market120

Property Features for 890 Palm Bay Rd NE

General Information

Standard status
Active
Property subtype
Hospitality

Building Details

Year Built
2000
Listing Agency DSH Hotel Advisors Inc
Listed by Dennis Hopper, CCIM · License #GA BRKR 411200
Source Crexi
Added: Mar 23 Updated: Jul 10 at 1:08 pm Checked: Jul 20 at 6:48 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DSH Hotel Advisors Inc


Investment Insights

Based on property information with market context.

The Quality Inn by Choice Hotels Palm Bay-Melbourne, Florida, features 67 interior corridor rooms and is located directly off Interstate 95. Approximately 10 miles from Melbourne Beach, the hotel is rated highly on TripAdvisor. The property has consistently received the Choice Gold Award from 2017-2022, recognizing high guest satisfaction. It also received the TripAdvisor Traveler’s Choice Award in 2021, 2022, and 2023, honoring businesses with consistently great reviews, ranking in the top 10% of properties on TripAdvisor. The hotel is in excellent condition, reflecting ongoing capital improvements and recent renovations. Guest types include leisure and business travelers, those traveling on I-95, healthcare professionals, travel nurses, construction workers, snow birds, Stick Marsh Fishing Guests, Florida Institute Technology students and their families, and Daytona 500 Race fans. Group business includes sports teams, conventions, family reunions, and wedding groups. The property is positioned off I-95 in a high-growth corridor between Orlando and Miami, near major employers such as L3 Harris Technologies and Embraer. The area benefits from corporate and leisure demand, with attractions like the Turkey Creek Sanctuary and the Space Coast. The hotel has convenient access to Melbourne-Orlando International Airport (MLB), located just over 5 miles away, which serviced nearly 750,000 passengers in 2023.

Key Highlights

  • High TripAdvisor Ranking: Consistently ranked as a top hotel in Palm Bay (TripAdvisor #2) with multiple 'Traveler's Choice' awards (2021, 2022, 2023) indicating strong guest satisfaction.
  • Strong Brand Recognition: Consistent recipient of the Choice Gold Award (2017‑2022) demonstrating high brand standards and guest satisfaction within the Choice Hotels system.
  • Prime Location: Located directly off Interstate 95 (72,500 AADT) in a high‑growth corridor between Orlando and Miami, ensuring high visibility and accessibility for travelers.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quality Inn Palm ... Hotel & Motel Travelodge by Wyndham ... Hotel & Motel

Suggested Use

Law Firm HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Auto Repair Shop Locksmith Carpet & Flooring Store Barber Shop Grocery & Convenience Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Hotel - 67-room hotel off I-95 near Melbourne Beach.
Where is this hotel located?
The property is located at 890 Palm Bay Rd NE Melbourne, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: High TripAdvisor Ranking: Consistently ranked as a top hotel in Palm Bay (TripAdvisor #2) with multiple 'Traveler's Choice' awards (2021, 2022, 2023) indicating strong guest satisfaction.; Strong Brand Recognition: Consistent recipient of the Choice Gold Award (2017‑2022) demonstrating high brand standards and guest satisfaction within the Choice Hotels system.; Prime Location: Located directly off Interstate 95 (72,500 AADT) in a high‑growth corridor between Orlando and Miami, ensuring high visibility and accessibility for travelers.
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