Active

$4,700,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4673 sq ft
Overview
  • ID: MFRA4628652
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4673 sq ft
Property Details
Remarks
Here is your chance to own a piece of history at this prime Anna Maria Island Location. Since suffering damage, this motel has undergone remediation from the flooding of Hurrican Helen with a 5-foot drywall removal and is being sold As-Is. Consider this a blank slate to bring this successful motel back to life or use this location as an opportunity to develop a new boutique motel or possibly multiple single family vacation rental homes. This 9-unit motel is ideally located on the coveted north end of Anna Maria Island, offering a rare investment opportunity in one of Florida's most sought-after destinations. Currently consisting of 5 congruent lots this plot of land has many possibilities. Boasting consistent tourist traffic year-round, the property enjoys strong occupancy rates thanks to its prime location and appealing amenities. In recent years this motel has grossed up to 700K in a 12-month period! This property offers exceptional potential for savvy investors or developers seeking to capitalize on Anna Maria Island's popularity. With its prime location and flexibility for future use, this motel represents a fantastic opportunity to create a unique business or residential venture in one of Florida’s most desirable areas.
Financial Considerations
Price:
$4,700,000
HOA Fee:
N/A
Tax Amount:
$31791
Price per SqFt:
$1005.78
Tax Legal Description:
LOTS 3,4,5,6,7,8 WELLS SUB; LESS: BEG AT THE SE COR OF LOT 3 WELLS SUB, & TH RUN N 36 DEG 17 MIN 46 SEC E, ALG THE ELY LN OF LOT 3, A DIST OF 100.74 FT TO THE NE COR OF SD LOT 3; TH N 61 DEG 17 MIN 59 SEC W, ALG THE NLY LN OF LOT 3 & LOT 4, A DIST OF 99.86 FT TO THE NW COR OF LOT 4; TH S 36 DEG 22 MIN 07 SEC W, ALG THE WLY LN OF LOT 4, A DIST OF 48.25 FT; TH NRUN S
Exterior Features
Lot Size:
22791
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1949
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    808 N BAY BLVD
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