Currently a waterfront motel with 3 buildings - 21 total units - .48 acres - 107 feet of waterfrontage with 2 docks, pool and 25+ off street parking spaces. Redevelopment site - must verify with city ( 14 condos or 36 hotel rooms ) or keep as a motel . All measurements are believed to be accurate but to be verified by buyer.
Financial Considerations
Price:
$7,900,000
HOA Fee:
N/A
Tax Amount:
$33075.3
Price per SqFt:
$377.2
Tax Legal Description:
(1) MANDALAY UNIT NO. 5 REPLAT BLK 77, LOT 1 & SW'LY 1/2 OF LOT 2 AS SHOWN IN PLAT BK 20 PG 27, (2) MANDALAY UNIT NO. 5 REPLAT BLK 77, NE'LY 1/2 OF LOT 2 & W'LY 23.25FT OF LOT 3, (3) MANDALAY UNIT NO. 5 REPLAT BLK 77, LOT 3 LESS W'LY 23.25FT