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Phone: 727-647-8529
Hotels and Motels For Sale in Florida
  • Hotels and Motels For Sale in Florida

Island Motel & Aprtments

  • Listing Id: 7930
  • Broker Name: David Weber
  • Category: Hotels and Motels
  • Asking Price: $989,000.00
  • EBITDA: $44,160.00
  • Real Estate: $989,000.00
  • Cash Flow: $94,340.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $450,000.00
  • FF&E: $101,713.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: St Pete Beach
  • State: FL
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

INVESTOR / OWNER OPERATOR - GULF BEACH MOTEL - 11 units plus a 2 bedroom, 1 bath, full kitchen owner unit. On site coin laundry. Rentals daily, weekly, monthly implied Rate 9%. Swimming pool completely renovated by the end of May. Many value enhancements check with the city of St. Pete Beach for zoning allowance under ROR. Near the beaches, shopping, dining, parks, sunsets and the beach trolley stop. Also available are three multi-family properties priced below market. See attached brochure U7732456, U7732457, U7732458.

Financial Summary

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