Apartment Motel On Deep Canal Leading To Gulf
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1957
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Lender owned.
Description Priced at $799,000, this property has great potential for the owner-operator. A priceless water view with quick access to the Gulf. The canal is wide and deep, allowing room for many boats on the 300 feet of water frontage. Some work needed inside and out. The manager's suite located in the center is a 2-story, 3-bedroom, 2-bath townhome with 1 garage. All other 12 units are 1 bedroom/1 bath and approx 600 sq. ft. with a kitchen. The units work well for longer-term rental or weekend getaways for boaters. Currently closed, this property could be a great opportunity for redevelopment. For more information on this Motel for sale, please email or call Frederic Samson at 727-432-0122.
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