• 4 Views
• Hotel-Motel
• 0 Sq Ft
• 0 Beds
• / 0 Baths
• 

• $3,499,000

***PLEASE TAKE NOTE: SELLERS WILL ONLY ACCEPT CASH DEALS AND WILL CONSIDER OWNER FINANCING WITH LIMITED TERMS. FINANCING OFFERS WILL NOT BE CONSIDERED... ABSOLUTELY NO EXCEPTIONS*** 15 RENOVATED UNITS PLUS A 1BD 2BA WITH KITCHEN OWNERS APARTMENT. THE ADJACENT VACANT LOT GIVES A COMBINED 2.7 ACRES RIGHT ACROSS FROM THE BEACH. DEVELOPMENT POSSIBILITIES ARE ENDLESS!! ANNUAL GROSS INCOME IS $350,000-$360,000. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED AND THERE IS A 1300 SQ. FT 1BD, 2BA OWNERS/MANAGERS LIVING QUARTERS WITH A FULL KITCHEN AND PANTRY, PLUS A NICE BACK PATIO. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM, SODA AND VENDING/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT

Listing provided courtesy of RE/MAX Freedom

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• Architecture

  • Year Built: 1959
  • Stories: 0
  • Project Facilities: Laundry Facilities
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• Interior Features

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• Property Features

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• Community

  • HOA Includes:N/A
  • HOA FEE:N/A
  • HOA Payable:N/A
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