Active

$2,500,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 9647 sq ft
Overview
  • ID: MFRL4963226
  • Bedrooms:
  • Bathrooms: 0
  • Size: 9647 sq ft
Property Details
Remarks
Exceptional Lakefront Commercial Investment Opportunity with Residential Estate. A rare chance to acquire one of Auburndale’s most recognizable hospitality properties. This established 14-room lakefront motel has enjoyed decades of successful operation and a strong occupancy history while benefiting from outstanding visibility and frontage on Highway 92 W, one of Central Florida’s major east-west corridors. The offering includes two lakefront parcels extending to beautiful Lake Lena, providing a unique combination of commercial income potential and waterfront lifestyle. Also included is a spacious 3,195-square-foot lakefront residence with private access, ideal for an owner/operator, on-site management, executive housing, vacation rental, or additional revenue opportunity. The large lakeside gazebo adds tremendous value and versatility to the property. Overlooking the water, it creates an ideal venue for weddings, receptions, corporate gatherings, family reunions, private parties, and other special events, offering exciting opportunities to expand revenue streams. The motel has been a local landmark since the 1950s, featuring attractive curb appeal, mature landscaping, and meticulously maintained grounds. Its prime location provides convenient access to Interstate 4, Orlando, Tampa, Lakeland, Winter Haven, shopping, dining, and Central Florida’s world-famous attractions. Whether you envision continuing its successful hospitality operation, enhancing the existing business with an event venue, or exploring future redevelopment possibilities (subject to local approvals), this property presents a truly exceptional investment opportunity. Properties offering commercial frontage, established income potential, a substantial residence, and direct lakefront access are seldom available in one package. Schedule your private tour today to discover the possibilities this extraordinary waterfront property has to offer.
Financial Considerations
Price:
$2,500,000
HOA Fee:
N/A
Tax Amount:
$14332.19
Price per SqFt:
$242.46
Tax Legal Description:
E 7.5 AC OF NE1/4 OF SE1/4 LYING N OF US HWY 92 R/W LESS BEG 370.26 FT N OF SE COR OF NE1/4 OF SE1/4 RUN S 84 DEG 34 MIN 34 SEC W 74.96 FT N 34 DEG 08 MIN 03 SEC W 57.69 FT N 88 DEG 26 MIN W 38.96 FT N 530.21 FT M/L ELY ALONG LK TO E LINE OF SEC S 50 2 FT M/L TO POB
Exterior Features
Lot Size:
190357
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
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:
1950
Construction Type:
Brick, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1702 1/2 US HIGHWAY 92 W
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