$4,800,000
Description
Here is your chance to own a piece of history at this prime Anna Maria Island Location. Since suffering damage, this motel has undergone remediation from the flooding of Hurrican Helen with a 5-foot drywall removal and is being sold As-Is. Consider this a blank slate to bring this successful motel back to life or use this location as an opportunity to develop a new boutique motel or possibly multiple single family vacation rental homes. This 9-unit motel is ideally located on the coveted north end of Anna Maria Island, offering a rare investment opportunity in one of Florida's most sought-after destinations. Currently consisting of 5 congruent lots this plot of land has many possibilities. Boasting consistent tourist traffic year-round, the property enjoys strong occupancy rates thanks to its prime location and appealing amenities. In recent years this motel has grossed up to 700K in a 12-month period! This property offers exceptional potential for savvy investors or developers seeking to capitalize on Anna Maria Island's popularity. With its prime location and flexibility for future use, this motel represents a fantastic opportunity to create a unique business or residential venture in one of Florida’s most desirable areas.
Listed by Jessica Adair, .
Property Highlights
- Acres: 0.52
- County: Manatee
- Year Built: 1949
- Cooling Type: Central Air
- Property Type: Commercial, Hotel/Motel
- MLS #: A4628652
Property Features
| Construction Materials | Block |
| Cooling | Central Air |
| Interior Square Footage | 4,673 |
| Lot Size Acres | 0.52 |
| Lot Size Dimension | 192x100 |
| Lot Size Square Feet | 22,791 |
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