Active

$5,000,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 6758 sq ft
Overview
  • ID: MFRTB8399383
  • Bedrooms:
  • Bathrooms: 0
  • Size: 6758 sq ft
Property Details
Remarks
FOR SALE: Renovated 32-Room Motel on Prime Florida Beachfront Near ClearwaterAsking Price: $5,000,000 (Negotiable)Loan: Assumable at $2.5 MillionAppraised Value: $5,000,000Annual Revenue: $1,000,000+Occupancy: Consistently Full Due to 7-Star Guest RatingProperty Overview:An exceptional investment opportunity on one of Florida's most luxurious and sought-after beachfronts, just minutes from world-renowned Clearwater Beach. This fully renovated 32-room Floridian Inn Motel is situated in a high-traffic, highly visible location, ideal for tourists, business travelers, and beachgoers alike.Highlights:32 Newly Renovated Guest Rooms – Modern design, upscale finishesConsistently Fully Booked – Thanks to an impressive 7-star guest ratingAnnual Revenue of $1 Million+ – Strong and stable incomeFull-Service Dining Area – On-site restaurant or café includedResort-Style Amenities – Includes a beautifully maintained swimming poolLarge Parking Lot – Over 40 vehicle capacityTurnkey Investment – No renovation needed; ready to operate immediatelyAssumable Loan – $2.5 million financing availableThis rare opportunity combines location, luxury, and income stability, making it a perfect asset for seasoned hospitality investors or entrepreneurs entering the Florida resort market. The current asking price is very reasonable and open to negotiation, reflecting true market value as confirmed by a professional appraisal.
Financial Considerations
Price:
$5,000,000
HOA Fee:
N/A
Tax Amount:
$51187.37
Price per SqFt:
$587.82
Tax Legal Description:
LAKEWOOD REPLAT LOTS 10 THRU 12 & E 10FT OF LOT 9 TOGETHER WITH THAT PART OF LOT 2 DESC AS FROM NE COR OF SD LOT 2 TH S 356FT ALG E BNDRY FOR POB TH W 265FT(S) TO W BNDRY OF SD LOT 2 TH S ALG SD W BNDRY 101.5FT TO NW COR OF LOT 8 TH E 265FT(S) ALG N BNDRY OF LOTS 8 THRU 12 TO NE COR OF SD LOT 12 TH N 101.8FT ALG E BNDRY OF SD LOT 2 TO POB LESS W 100FT THEREOF
Exterior Features
Lot Size:
38211
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:
1981
Construction Type:
Stucco
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
    1628 GULF TO BAY BLVD
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