Florida Commercial Real Estate
 


Lodging and Hospitality

Hibiscus House Bed & Breakfast Old Northwood - 501 30th Street, West Palm Beach, FL 33407

Property Type:
Lodging & Hospitality
Full Service
No. Rooms: 6  
Building Size: 7,500 SF Year Built: 1922
Price: $1,350,000 Price/Room: $225,000.00
Property Description: Tropical Elegance At Its Best. Hibiscus House, located in Old Northwood - a National Register Historic District next to the Intracoastal Waterway. This convenient location provides easy access to Palm Beach International Airport, City Place and the Town of Palm Beach, its relaxing beaches and distinctive shopping on Worth Avenue. Lovingly restored home offers elegant surrounding with lush landscaping and tropical gardens including heated pool.


Blue Heron Beach Resort - 13505 S Apopka Vineland Rd, Orlando, FL 32821

Property Type: Multifamily Mid/High-Rise
No. Units: 3 Cap Rate: 10.40%
Building Size: 798 SF Year Built: 2006
Occupancy: 80%  
Price: $1,400,000 Price/Unit: $466,666.67
Property Description: 5 Units at the Blue Heron Beach Resort (a Condo Hotel) TOWER I in Orlando Florida on Lake Bryan 1 Mile from Disney. All units are Model A s (798 SQF Heated 100 SQF Balcony). They are on floors 7 thru 11 of a 15 story building. Fairfield will be managing the property at a 70-30 split. Maintenance is $285.00 per month and includes cable, high speed internet, insurance, etc... It does not cover electricity. Owners do not have to enter their units into the rental program; they can rent them on their own or not at all.


LITTLE DIAMOND MOTEL - 2385 ORANGE BLOSSOM TRAIL, KISSIMMEE, FL 34744

Property Type:
Lodging & Hospitality
Economy/Limited Service
No. Rooms: 19  
Building Size: 8,600 SF Year Built: 1955
Price: $1,500,000 Price/Room: $78,947.37
Property Description: Existing/Operating Motel on OBT (across the street from Florida Hospital) which could have multiple uses with enough land available for additional construction. Possible uses could include office, office condos, day care & nursing home. This 18 unit motel with managers quarters on 2+ acres on Orange Blossom Trail is in a tourist area. Beautiful property with large oak trees has a large pool and laundry!!!! 260 feet of frontage!!! SALE INCLUDES FURNITURE AND FIXTURES.


BUSY INTERSECTION ACROSS NEW WALMART - intersection SR 484 and SR 200 Excellent Visibility, ocala, FL 34474

Property Type: Land Commercial/Other (land)
Lot Size: 4.06 Acres  
   
Price: $11.90/SF  
Property Description: SW corner of intersection of SR 484 and SR 200 behind the retension pond approximately 4.66, rectangle piece, 300 feet frontage on SR 484 and access available from SR 200. Zoned B4


251 8th street - West Palm Beach, FL 33401

Property Type: Office Office Building
Building Size: 3,000 SF  
Parking Ratio: 5/1,000 SF Year Built: 1920
Price: $1,100,000 Price/SF $366.67
Property Description: 1920 restored Spanish Mission house with 2400 sq ft on main property with 2 detached (occupied) rental units in the rear. This exceptional property has hardwood floors throughout, a chef's kitchen, wood burning fireplace. This is a excellent oppurtunity for any professional co. or firm. "LOWEST PRICED" Property in Provedencia Park!!! East of Olive..........


Oasis Resort
4736 West Irlo Bronson Hwy, Kissimmee, FL 34746

Property Type: Lodging & Hospitality Economy/Limited
Service No. Rooms: 125  
Building Size: 56,942 SF Year Built: 1984
Price: $3,750,000 Price/Room: $30,000.00
Property Description: Built in 1984, the Oasis is a three story L-shaped double-loaded building with swimming pool. The lobby is cozy and there is an adjacent room which could accommodate continental breakfast. Guest rooms all have double queen beds, individual heating and air conditioning units. The pitched roof was replaced in 2004. The property contains a vacant parcel suited for expansion. The level parcel, which overlooks a natural retention pond is suited for and has previously planned for the development a 55 suite expansion. The expansion piece which fronts Lake Cecile Drive is included in the offering. The seller also own but are not including in the offering the two adjacent restaurant and lounge buildings. The property has historically relied on wholesale business from Europe. Little retail marketing is currently done and the hotel is owner operated.


Nancesowee Hotel(178544)
139 N Ridgewood Dr, Sebring, FL 33870

Property Type: Lodging & Hospitality  
Full Service No. Rooms: 50  
Building Size: 32,185 SF Year Built: 1924
Price: $690,000 Price/Room: $13,800.00
Property Description: High rise hotel with 5COP license. Central water and sewer. Paved road and parking. Presently vacant. Sale includes land, business & building, license. Brick building needs renovation and upgrading, but super opportunity for historic property client.


Lind - 4415 & 4425 Gibson Drive, Lakeland, FL 33809

Property Type: Land Office (land)
Lot Size: 1.55 Acres  
   
Price: $578,000 Price/Acre: $372,903.25
Property Description: 1.55 acres site in very active commercial and apartment area. Excellent opportunity for office, hotel or restaurant. Located near Interstate 4, Exit 33 at Cracker Barrel, Jameson Inn, Applebee's, Hampton Inn, business park.


1102 10th St - Saint Cloud, FL 34769

Property: Lodging & Hospitality Economy/Limited
Service No. Rooms: 10  
Building Size: 3,050 SF Year Built: 1920
Price: $555,000 Price/Room: $55,500.00
Property Description: This property has a Hotel/Motel liscense which eliminates the eviction process. There are now 10 units. Rents range from 125/wk to 200/wk. Nightly rates may be applied if you want. Rooms have beds, dressers, Window a/c's, sink, microwave & refridgerator. Collection of rent is made easy. Guests currently pay by money order and leave it in rent box for collection. Will have 11 units soon. Utilities re about 500/mo. Ther is room for expansion and possibly a coin laundry. You can't get a better location.


34 ACRES COMMERCIAL LADY LAKE
HWY 466, LADY LAKE, FL 32159

Property Type: Land Commercial/Other
Lot Size: 34.00 Acres  
   
Price: $250,000.00/Acres  
Property Description: PRIME COMMERCIAL SITE AT THE VILLAGES! EXCELLENT LOCATION FOR OFFICE, RETAIL MEDICAL OTHER SPECIAL PURPOSES. ROAD WIDENING IN PROGRESS AS WELL AS WATER/SEWER ON BUSY 466 CORRIDOR. EASY ACCESS TO BOTH TOWN CENTERS--SUPER TARGET- 26 GOLF COURSES AND ALL THE VILLAGES HAS TO OFFER. BROKER PROTECTED


Hotel/Retail Site - Sun City - Sun City Blvd & Commercial Ceneter Dr, Sun City Center, FL 33573

Property Type: Land Retail (land)
Lot Size: 3.28 Acres  
   
Price: $2,150,000 Price/Acre: $655,487.81
Property Description: Prime location in growing Sun City Center, Fl ideal for hotel, restaurant, retail or a combination site. Located at the 1st interssection east of I-75 with signage rights on Sun City Center Blvd. The site is across the street from Home Depot and Walmart and surrounded by Bob Evans, Burger King and Denny's restaurants. This is the best of only a few vacant parcels remaining in the Sun City Center area for commercial development.


Hotel/Restaurant Site - 1500 33rd st., Ruskin, FL 33570

Property Type: Land Multifamily (land)
Lot Size: 4.11 Acres  
   
Price: $2,500,000 Price/Acre: $608,272.50
Property Description: 4 acres high visibility from I75. Hotel site or hotel/restaurant site. Ruskin is a very fast growing community located near Tampa. Will outparcel for hotel only. EPC - NO WET LANDS on parcel. The service road is 33rd St.


BUDGET INN - 101 W BURLEIGH BLVD, TAVARES, FL 32778

Property Type:
Lodging & Hospitality
Economy/Limited Service
No. Rooms: 41  
Building Size: 17,184 SF Year Built: 1964
Price: $2,500,000 Price/Room: $60,975.61
Property Description: THE ONLY MOTEL CURRENTLY FOR SALE IN TAVARES. 41 ROOMS, LOCATED LAKE COUNTY, ONE OF THE NATION'S FASTEST GROWING AREAS. LOCATED ON US HWY #441 (BURLEIGH BLVD). VERY HIGH VISABILITY AND HIGH DAILY TRAFFIC COUNT(42,000). CLOSE TO CHAIN OF LAKES, RESTAURANTS, BRAND NEW "FLORIDA HOSPITAL" AND SHOPPING. EASY ACCESS TO ORLANDO, AIRPORTS, INTERSTATE(s) 75, 95 AND 4. SWIMMIG POOL. PROPERTY IS CURRENTLY LEASED. FINANCIALS NOT AVAILABLE. REQUIRE 60 DAY NOTICE LEASE TERMINATION. "SELLER FINANCIAN AVAILABLE" WITH SUBSTANTIAL DOWN PAYMENT.


Hillcrest Lodge - 241 Palm Ave, Babson Park, FL 33827

Property Type:
Lodging & Hospitality
Economy/Limited Service
No. Rooms: 38  
Building Size: 30,000 SF Year Built: 1919
Price: $2,400,000  
Price/Room: $63,157.89 Property Description: 5.62 sloped acres on beautiful major lake ( 5534 acres ). 271' lake frontage. 9 beautiful white stucco buildings with new metal red roofs. 38 total units. A landmark for over 70 years, Hillcrest Lodge is Central Floridas finest fishing and swimming Resort situated on Nationally Famous Pristine Crooked Lake. Choose from beach front duplex and triplex apartments, hotel rooms or efficiency apartments. Daily, weekly and seasonal rates. The main hotel offers a large lobby with pool table, TV and a large dining room for group functions.


Orange Lake - 18585 N US Hwy 441, Orange Lake, FL 32681

Property Type:
Lodging & Hospitality
Economy/Limited Service
   
Year Built: 1947 Cap Rate: 10.00%
Price: $995,000  
Property Description: 6.25 acres includes 1 singlewide, 1 doublewide, a commercial building presently leased to AmVets and 14 rental units. Very well maintained parklike setting. Please contact listing agent with regard to financials and occupancy.


Laurel Villa Motel
1409 N Tamiami Trail, Nokomis, FL 34275

Property Type: Land Commercial/Other
Lot Size: .68 Acres  
   
Price: $1,750,000  
Property Description: 12 efficency type unit motel for sale. Minutes away are wonderful beaches, touched by the calm, warm waters of the Gulf of Mexico. 29,589+ square feet. Attached to the motel is a two story residence with three bedrooms two baths. Motel has carpeted wlkways, picnic shelter area and large patio, pebble parking area, pool, pool building and garage. Also a putting green. There are two access drives, adequate parking on stone with 15+ spaces.


Knights Inn Motel Sarasota
5340 N. Tamiami Trail, Sarasota, FL 34234

Property: Lodging & Hospitality
Full Service No. Rooms: 48  
Building Size: 21,875 SF Year Built: 1973
Price: $4,200,000 Price/Room: $87,500.00
Property Description: Knights Inn Motel located 1/4 mile S. of the Sarasota/Bradenton Airport. 48 Rooms [20 king non-smoking, 4 king smoking, 11 double non-smoking, 13 double smoking. (6 double suites and 1 king suite)] Close proximity to New College, USF Sarasota, FSU Sarasota, Ringling School of Art & Design, Ringling Museum, Beaches, St. Armands Circle and minutes from downtown Sarasota. 64 parking spaces. 3 Bedroom owner Suite. Projected 2005 gross income of $410K. (this information has been provided by seller, MS&C does not guarantee accuracy) Lot Dimensions (square footages are approximate): 263.96 x 301.17 x 246.10 x 302.12


Rodeway Inn - Disney World - 11% Cap.
5995 Irlo Brunson Hwy 192, Kissimmee, FL 34747

Property: Lodging & Hospitality Economy/Limited
Service No. Rooms: 200 Cap Rate: 11.00%
Building Size: 68,000 SF Year Built: 1983
Price: $9,500,000 Price/Room: $47,500.00
Property Description: Excellent cash flow in a great location across from Disney's Celebration Development. The property is located on 7+ acres. It has several commercial leases that generate additional income. It has a gift shop lease that pays $6,000 per month, Waffle house $3,500 per month, and Dollar rental Car is $1,000 per month.


Casey Key Sarasota County Motel
221 Casey Key Rd, Nokomis, FL 34275

Property Type: Lodging & Hospitality
Building Size: 6,186 SF Economy/Limited
Service No. Rooms: 17 Year Built: 1911
Price: $5,900,000 Price/Room: $347,058.82
Property Description: 17 Unit Beach-to-Bay Motel on Prestigious Casey Key in Sarasota County, FL. with condo conversion possibilities. Located directly on the Gulf of Mexico & has its own sandy white beach. This retro motel has super clean rooms & has tons of charm. Four boat slips are located on the Bay side of the property with very easy access to the Gulf. Very large property at 1.30 acres Gulf-to-Bay with water views from most rooms. Come check out this hot property now before it is gone. There are not a lot of Beach-Front Motels left in the Sarasota area. Full Offering Memorandum available. Please do not enter the property without prior appointment.


Sarasota County Beach Resort
117&118 Casey Key Rd, Nokomis, FL 34275

Property Type: Lodging & Hospitality
Service No. Rooms: 14 Economy/Limited
Building Size: 7,637 SF Year Built: 1975
Price: $5,900,000 Price/Room: $421,428.57
Property Description: Super Gulf to bay resort located on prestigious Casey Key Island in Sarasota County Florida with condo conversion possibilities. This updated and charming Beach Resort is currently a 14 unit motel with 5 boat slips. This resort is located directly on the Gulf of Mexico and includes a pool with Jacuzzi on the bay side of the property. Highest and best use would be speculative conversion into condominiums or two single-family residences. For a full Offering Memorandum contact lister direct. Please do not enter the property without an appointment. Thank you.


Midnight Sun Motel/Apartments
1030 S Federal Hwy, Lake Worth, FL 33460

Property Type: Lodging & Hospitality
Building Size: 17,871 SF Economy/Limited
Service No. Rooms: 27 Year Built: 1977
Price: $2,550,000 Price/Room: $94,444.44
Property Description: THIS PROPERTY IS THE CROWN JEWEL OF COMMERCIAL PROPERTY IN EAST LAKE WORTH. INCREDIBLY WELL MAINTAINED APARTMENT/ MOTEL THAT HAS ONLY 2 OWNERS SINCE BUILT IN 1977. BOTH OWNERS HAVE SAME HIGH STANDARDS AND PROPERTY REFLECTS THIS. PROPERTY HAS LONG TERM DAY MANAGER AND CURRENT ON-SITE NIGHT MANAGER. THERE ARE A TOTAL OF 27 UNITS, ONE OF WHICH IS A 4 BEDROOM UNIT AND ONE THAT IS A 3 BEDROOM UNIT THAT CAN BE RENTED OUT INDIVIDUALLY BECAUSE EACH BEDROOM HAS AN OUTSIDE ENTRANCE, KITCHENETTE AND PRIVATE BATHROOM. LOVELY FRONT OFFICE RECENTLY RENOVATED AND LARGE OFFICE FOR MANAGER AND OWNER. STORAGE FOR SUPPLIES, SUANA, COIN OPERATED LAUNDRY ROOM FOR CUSTOMERS AND SEPARATE LAUNDRY ROOM FOR MAID SERVICE. COMMON AREA BATHROOM BY POOL WITH COVERED PATIO AREA AND OPEN UPSTAIRS PATIO SUN DECK. HEAVY EUROPEAN CUSTOMER BASE THROUGHOUT THE SEASON THAT RETURN YEAR AFTER YEAR AND SOLID SUMMER CUSTOMER BASE. STRONG INCOME FIGURES SHOWN ON PAPER AVAILABLE AFTER SIGNING OF CONFIDENTIALITY AGREEMENT. SOME OF THE BIGGEST ROOMS AVAILABLE ALONG THIS STRIP. GREAT BUSINESS FOR A FAMILY THAT WANTED TO LIVE ON SITE WITH EITHER THE 3 OR 4 BEDROOM UNITS. 2 CORPORATE ACCOUNTS HAVE ROOMS ON LONGTERM BASIS.


Thriftlodge
4624 W Irlo Bronson Memorial HWY, Kissimmee, FL 34746

Property Type: Lodging & Hospitality
Service No. Rooms: 80 Economy/Limited
  Cap Rate: 11.00%
Building Size: 34,868 SF Year Built: 1984
Price: $3,449,000 Price/Room: $43,112.50
Property Description: Condo conversion opportunity! The process has started for this property on being converted. Excellent location off U.S. 192 for lodging. Only 5 miles away from DISNEY! This Thriftlogde was recently renovated with new lobby, roof, ext. paint, etc.... Price will change as the conversion comes to a complete!!!! Market will bear $75,000 to $100,000 per unit...


Quality Inn - 4800 tamiami, sarasota, FL 34234

Property Type: Lodging & Hospitality
Service No. Rooms: 81 Economy/Limited
  Cap Rate: 10.19%
Building Size: 22,000 SF Year Built: 1992
Price: $4,600,000 Price/Room: $56,790.12
Property Description: An opportunity exists in that an investor can come in at below replacement cost to a fully renovated property. This hotel is also located 5 minutes from the beaches and downtown Sarasota.


Hotel Pads at MetroCentre in West Palm Beach
2441 Metrocentre Boulevard, West Palm Beach, FL 33407

Property Type: Land Commercial/Other
Lot Size: 5.28 Acres  
   
Price: $7,175,000 Price/Acre: $1,358,901.50
Property Description: This parcel in approved for hotel within CPUD zoning and the Metrocentre Corporate Park Declaration of Protective Covenants. A June 2005 traffic report verifies that a hotel development in excess of 280 rooms falls within the vested traffic already allocated to the park. The attached parcel plan and proposed hotel layout meets the city of West Palm Beach parking requirements for a hotel.


Central Florida Hiway Inn
1197 - Dundee, Dundee, FL 33838

Property Type: Lodging & Hospitality Economy/Limited Service
No. Rooms: 120 Year Built: 1973
Cap Rate: 10.10%  
Price: $2,550,000 Price/Room: $21,250.00
Property Description: Buildings are two story, exterior corridor, in very good condition, and very well maintained. All rooms have coffee makers, irons and ironing boards, clock radios, and televisions with HBO. There is a large outdoor swimming pool surrounded by a kiddy fence, extensive truck and RV parking and a guest laundry. There is a restaurant immediately adjacent to the hotel. Property is well located, being central to many area attractions, baseball spring training camps and PGA golf courses. Disney and Sea World are less than 30 miles away, and Cypress Gardens (which recently re-opened and is doing very good business) and Bok Tower are less than 15 miles away.


Hibiscus House Bed & Breakfast- Downtown
213 Rosemary Avenue, West Palm Beach, FL 33401

Property Type: Land Commercial/Other
Lot Size: 13,300 SF  
   
Price: $3,700,000 Price/Acre: $12,118,196.00
Property Description: Two (2) 2-story historic Bed and Breakfast with ten richly appointed rooms in the heart of downtown West Palm Beach, Florida. Value enhancement is in redevelopment/assemblage of 13,300sf. commercial mixed use land.


Hibiscus House Bed & Breakfast Old Northwood
501 30th Street, West Palm Beach, FL 33407

Property Type: Lodging & Hospitality
Full Service No. Rooms: 6  
Building Size: 7,500 SF Year Built: 1922
Price: $1,350,000 Price/Room: $225,000.00
Property Description: Tropical Elegance At Its Best. Hibiscus House, located in Old Northwood - a National Register Historic District next to the Intracoastal Waterway. This convenient location provides easy access to Palm Beach International Airport, City Place and the Town of Palm Beach, its relaxing beaches and distinctive shopping on Worth Avenue. Lovingly restored home offers elegant surrounding with lush landscaping and tropical gardens including heated pool.


CentreCourt at MetroCentre
2441 Metrocentre Boulevard, West Palm Beach, FL 33407

Property Type: Office Office Building
Building Size: 70,468 SF  
Building Class: A Year Built: 2006
Parking Ratio: 3.53/1,000 SF  
  Price: $235.00/SF
Property Description: Centrecourt at Metrocentre is a Class A office/medical condominium facility located in the heart of West Palm Beach within Metrocentre Corporate Park. Centrecourt offers 530 feet of frontage on 45th Street. Our proposed site plan calls for four buildings to be constructed along 45th Street ranging in size from 8,151 to 18,241 square feet and two buildings measuring 8,133 and 10,855 square feet which front on Metrocentre Boulevard.

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INFORMATION AND PRICES SUBJECT TO CHANGE WITHOUT NOTICE
Updated March 2006

 

Hospitality and Lodging: Florida Commercial Real Estate

 



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