3 land parcels and .29 parcel of submerged land currently a waterfront motel with 4 buildings - 21 total units - .67 acres - 198 feet of waterfrontage 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:
$17996.87
Price per SqFt:
$271.5
Tax Legal Description:
(1) MANDALAY UNIT NO. 5 REPLAT BLK 78, LOT 8 AS DESC. IN PL 20 PG 27, (2) MANDALAY UNIT NO. 5 REPLAT BLK 78, LOT 9 AS DESC. IN PL 20 PG 27, (3) MANDALAY UNIT NO. 5 REPLAT BLK 78, LOTS 10 & 11 AS DESC IN PL 20 PG 27, (4) SUBM LAND IN SW 1/4 OF SEC 5-2 9-15 BEING PART OF TIIF DEED # 17451 DESC BEG NE COR OF LOT 8 BLK 78 MANDALAY UNIT NO. 5 REPLAT "TH N89D33'22""W 112.82 FT TH" "N22D46'05""W 29.39FT TH " "N12D32'03""W 42.46FT TH" "N1 2D20'39""E 30.68FT TH" "S89D39'2 4""E 133 .36FT TH" "S03D46'41""W 98.81FT TO POB"