$750,000
Reduced $2,250,000
Description
Auction Property. Auction! Live Bidding will be the week of 9/23. Listed price of $750,000 is the minimum opening bid. Investment opportunity in paradise. This boutique motel harkens back to a bygone era of old-Florida, with clean and cozy accommodations with the onsite pool being the heart of the property. This motel has undergone recent renovations, with new furniture and furnishings, landscaping, paint inside and out as well as various other improvements. There are a total of 12 rooms: 4 Deluxe studios - galley style kitchenette with apt size fridge/freezer & lg toaster oven, king bed, futon. 2 Family Studios - queen bed, twin bed, kitchenette w/ mini fridge. 3 Standard Studios - queen bed, kitchenette w/ mini fridge. 2 Basic Studios - similar to standard studios but smaller sq ft. All studios equipped with cookware, dishes/utensils, hot plate, coffee maker, microwave, toaster. There is also a 2 bedroom unit with a full kitchen. This property is represents a nice investment opportunity in the local hospitality industry. The Gulf Beaches have seen consistently increasing tourism numbers with a shortage of budget-friendly accommodations, making this property extra special.
Listed by Michael Wyckoff, .
Property Highlights
- Acres: 0.26
- County: Pinellas
- Year Built: 1952
- Cooling Type: Wall/Window Unit(s)
- Property Type: Commercial, Hotel/Motel
- MLS #: U8236722
Property Features
| Construction Materials | Block |
| Cooling | Wall/Window Unit(s) |
| Direction Faces | Southwest |
| Interior Square Footage | 4,450 |
| Lot Size Acres | 0.26 |
| Lot Size Dimension | 100x115 |
| Lot Size Square Feet | 11,500 |
| Other Structures | Storage |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public |
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