Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 1995 S UH Hwy 17-92 is a 20-unit motel / hotel / apartment lakefront property off the beautiful Lake Kathryn spanning 2.25 acres over three buildings.
  • Allowable uses include hotel/motel, multifamily, daycare, automotive, retail, and office.
  • The site offers easy access with a left turn lane from southbound US Hwy 17-92.
  • Over 450 feet of direct frontage on US Highway 17-92 with prominent pylon signage.
  • Great conversion opportunity to apartments or retail/office usage.
  • Public water and sewer utilities are available in close proximity.

Executive Summary

NAI Realvest is pleased to present the 20-unit motel/hotel/apartment property on 2.25 acres for sale at 1995 S US Highway 17-92 in Longwood, FL. The site is comprised of three buildings totaling 8,224 square feet on 2.25 acres which are zoned C-2 Commercial via the unincorporated Seminole County. This is a premier value-add opportunity to refurbish the motel standard buildings and begin hospitality operations or pursue other uses such as multifamily, daycare, automotive, retail, or office.

Inquire today to learn more about all capabilities possible at 1995 S US Highway 17-92 and tap into the immense upside this scenic property overlooking Lake Kathryn will provide.

Property Facts

Price $1,435,287 CAD
Price Per Room $71,764 CAD
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.25 AC
Building Size 8,224 SF
No. Rooms 20
No. Stories 1
Year Built 1945
Parking Ratio 1.95/1,000 SF
Corridor Exterior
Zoning C-2 - General Commercial

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 $73.81 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
05-21-30-520-0400-0000
Land Assessment
$922,906 CAD
Improvements Assessment
$273,283 CAD
Total Assessment
$1,196,190 CAD
  • Listing ID: 34213673

  • Date on Market: 2022-05-27

  • Last Updated:

  • Address: 1995 S US Highway 17 92, Longwood, FL 32750

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}