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$5,000,000
Est. payment /mo
6,758 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,758 sqft
Price per Sqft $739
Subdivision Lakewood Rep
MLS Listing ID TB8399383
HOA Y/N No
Year Built 1981
Annual Tax Amount $51,187
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
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.
Location
State FL
County Pinellas
Community Lakewood Rep
Area 33755 - Clearwater
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Stucco
New Construction false
Others
Ownership Other
Special Listing Condition None
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Listed by IMPACT REALTY TAMPA BAY