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Holiday Inn Express & Suites Navarre 12345 St 105 Room Hotel Navarre, FL 32566 $4,150,800 CAD ($39,531 CAD/Room)
Investment Highlights
- Holiday Inn Express & Suites by IHG is a highly desirable flag by both investors and consumers alike.
- Within close proximity to Navarre Beach, consistently ranked among Florida’s top beaches.
- Limited new supply on Navarre Beach relative to neighboring coastal markets, helping protect occupancy and rate stability.
- Fully entitled and shovel-ready site — eliminates entitlement risk and accelerates timeline to groundbreaking and revenue generation.
- Proximity to Eglin Air Force Base and Hurlburt Field drives consistent government and military lodging demand.
- High barrier-to-entry market due to limited developable land, zoning constraints, and rising construction costs.
Executive Summary
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 117-room Holiday Inn Express & Suites Development Site, located in Navarre, Florida - one of Northwest Florida’s most desirable and supply-constrained coastal markets. With all major approvals in place, the project offers immediate development execution under the IHG-affiliated Holiday Inn Express & Suites brand, a globally recognized select-service hotel known for strong operating performance and broad guest appeal. Strategically positioned to capture year-round demand from leisure, military, and business travelers, the property benefits from proximity to Navarre Beach, regional employment drivers, and major transportation corridors. The Holiday Inn Express & Suites Navarre Development Site offers investors the opportunity to acquire a fully entitled, shovel ready development site approved for a 117-room, IHG branded property in a growing and desirable Florida Gulf Coast market.
*Ground-breaking Date is not applicable, the development site is shovel ready and fully approved for construction.*
*Ground-breaking Date is not applicable, the development site is shovel ready and fully approved for construction.*
Property Facts
| Price | $4,150,800 CAD | Lot Size | 2.47 AC |
| Price Per Room | $39,531 CAD | Construction Status | Proposed |
| Sale Type | Investment | Building Size | 54,681 SF |
| Sale Condition | Redevelopment Project | No. Rooms | 105 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2029 |
| Building Class | B | Corridor | Interior |
| Price | $4,150,800 CAD |
| Price Per Room | $39,531 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.47 AC |
| Construction Status | Proposed |
| Building Size | 54,681 SF |
| No. Rooms | 105 |
| No. Stories | 4 |
| Year Built | 2029 |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $272.57 CAD | - |
| Guest Room | 103 | $229.68 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,893,172 CAD | |
| Land Assessment | $4,618,248 CAD | Total Assessment | $6,511,419 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$4,618,248 CAD
Improvements Assessment
$1,893,172 CAD
Total Assessment
$6,511,419 CAD
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Holiday Inn Express & Suites Navarre | 12345 St
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