Pleased to offer for sale this 104 unit operating hotel and rental property. Sited on 2.98 +/- acres of land with approximately 455 feet of frontage on S Federal Highway, this property offers a new owner the opportunity to flag the hotel with a new brand or redevelop the property for a variety of uses including hotel, multifamily rental, condominium, and retail. There are a total of four buildings, all exterior corridor walk-up, with a variety of room configurations in each building. Additionally, the original site plan approvals called for two more buildings on the southeast portion of the site (which were never constructed), which may provide an upside opportunity for a new owner. The location of this property is prime - just 1.2 miles to the beaches, and 1.4 miles to Interstate 95.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2020 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2020 Beaches Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on December 5th, 2020 at 2:30pm EST.