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The Pink Flamingo - Boutique Motel 3155 W Highway 98 10 Room Hotel Port Saint Joe, FL 32456 $2,756,481 CAD ($275,648 CAD/Room) 7.19% Cap Rate
INVESTMENT HIGHLIGHTS
- 10 Boutique Rooms
- New Commercial Pool with Bar
- Fully renovated
EXECUTIVE SUMMARY
The Pink Flamingo Motel – For Sale in Port St. Joe, Florida
Offered at: \$1,999,000
An iconic, fully renovated 10-room boutique motel* in the heart of Florida’s Forgotten Coast — turnkey, branded, and income-producing
Included in Sale:
All digital assets*: Website, email list, Instagram, Facebook
10 retro-inspired rooms: Each with keyless entry, modern baths, mini-fridge, microwave
Fully updated*: New pool, outdoor bar, murals, pavers, and lighting
Keyless security system
Public Wi-Fi + Smart TVs
Established reputatio* with glowing reviews and high occupancy
Prime location on Highway 98, just minutes from downtown and the beach
About Port St. Joe:
Port St. Joe* is a laid-back coastal town known for its sugar-white sand beaches, clear Gulf waters, boutique shops, and friendly small-town feel. It’s part of Florida’s scenic Forgotten Coast and is quickly becoming a favorite destination for travelers seeking authenticity, charm, and tranquility.
Why Buy The Pink Flamingo?
Unique, recognizable branding
Excellent investment with strong potential ROI
Turnkey operation with loyal following and established systems
Growing popularity of Port St. Joe as a boutique destination
Website: [thepinkflamingopsj.com]
Instagram & Facebook: @thepinkflamingopsj
Offered at: \$1,999,000
An iconic, fully renovated 10-room boutique motel* in the heart of Florida’s Forgotten Coast — turnkey, branded, and income-producing
Included in Sale:
All digital assets*: Website, email list, Instagram, Facebook
10 retro-inspired rooms: Each with keyless entry, modern baths, mini-fridge, microwave
Fully updated*: New pool, outdoor bar, murals, pavers, and lighting
Keyless security system
Public Wi-Fi + Smart TVs
Established reputatio* with glowing reviews and high occupancy
Prime location on Highway 98, just minutes from downtown and the beach
About Port St. Joe:
Port St. Joe* is a laid-back coastal town known for its sugar-white sand beaches, clear Gulf waters, boutique shops, and friendly small-town feel. It’s part of Florida’s scenic Forgotten Coast and is quickly becoming a favorite destination for travelers seeking authenticity, charm, and tranquility.
Why Buy The Pink Flamingo?
Unique, recognizable branding
Excellent investment with strong potential ROI
Turnkey operation with loyal following and established systems
Growing popularity of Port St. Joe as a boutique destination
Website: [thepinkflamingopsj.com]
Instagram & Facebook: @thepinkflamingopsj
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,756,481 CAD | Building Size | 5,806 SF |
| Price Per Room | $275,648 CAD | No. Rooms | 10 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.19% | Year Built/Renovated | 1956/2025 |
| Property Type | Hospitality | Parking Ratio | 6.41/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.57 AC | ||
| Zoning | C1 | ||
| Price | $2,756,481 CAD |
| Price Per Room | $275,648 CAD |
| Sale Type | Investment |
| Cap Rate | 7.19% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 5,806 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1956/2025 |
| Parking Ratio | 6.41/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C1 |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $220.63 CAD | - |
| Guest Room | 8 | $206.84 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 04560-050R | Total Assessment | $940,980 CAD |
| Land Assessment | $718,550 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $222,430 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04560-050R
Land Assessment
$718,550 CAD
Improvements Assessment
$222,430 CAD
Total Assessment
$940,980 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Selling the Coast, LLC
The Pink Flamingo - Boutique Motel | 3155 W Highway 98
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