Commercial Real Estate in Florida available for sale
Motels For Sale

Motels for Sale in Florida, USA

More details for 2648 NE 32nd St, Fort Lauderdale, FL - Hospitality for Sale

Casitas Coral Ridge - 2648 NE 32nd St

Fort Lauderdale, FL 33306

  • Motel
  • Hospitality for Sale
  • $3,448,500 CAD
  • 6,726 SF

Fort Lauderdale Hospitality for Sale

Casitas Coral Ridge is a stabilized, high-performing 16-unit boutique hotel generating consistent returns in Fort Lauderdale’s high-barrier coastal market. The property produces ±$442,000 in Net Operating Income (2024) supported by $599,889 in Gross Revenue and a proven operating history. This fully licensed hospitality asset offers investors immediate in-place yield with clear value-add levers and long-term redevelopment potential. Sale Type: Auction Pre-Auction Offers: Accepted Auction Begins 01/04 10:00 AM, Auction Ends 01/08 11:00 AM Starting Bid: $2,500,000 Financial Performance & Investment Highlights • 2024 Gross Revenue: $599,889 • 2024 Net Operating Income: ±$442,172 (Full-Year Financials Available) • Licensed Units: 16 Keys (License MOT1603176) • Occupancy: Historically ±78% with strong repeat transient demand The property operates with streamlined expenses and efficient management, producing unusually strong NOI for its size. Multiple near-term upside levers remain available: Immediate Revenue Upside: – One standard guest room is currently used as office/admin space; converting back to a rentable unit is projected to add $30,000–$40,000 annually in top-line revenue. – Current operations run only 10am–5pm, limiting late-arrival bookings. Expanding to standard hospitality hours or employing automated late check-in systems creates additional ADR and occupancy growth opportunities. This asset is fully stabilized with verified financials, yet still provides operational and revenue enhancement potential for an active owner, boutique operator, or investor seeking predictable cash flow in a supply-constrained location. Asset Overview: Turnkey, Updated, and Low-Maintenance Unit Mix (16 Total Keys): • (8) One-Bedroom Suites w/ Full Kitchens • (5) Standard Hotel Rooms • (3) Studios w/ Kitchenettes Site & Building Summary: • Two single-story buildings • Impact windows on the rear building • Updated interiors and well-maintained mechanical systems • Situated on a ±20,004 SF lot (0.45 Acres) with ±200 ft of frontage • On-site amenities include a tiki terrace and laundry facilities The property benefits from single-story construction, avoiding the long-term CapEx risk associated with elevators, high-rise systems, or complex building infrastructure. It is structurally simple, low-maintenance, and designed for operational efficiency. Zoning & Future Exit Strategy Although stabilized cash flow is the primary value driver, the site’s underlying zoning provides additional long-term upside. Zoning: RMM-25 (Residential Mid-Rise Multifamily) By-Right Uses Include: Multifamily, Hotel/Motel, Townhomes, and Cluster Dwellings Density Allowance: Up to 25 dwelling units OR 30 hotel keys per net acre This zoning flexibility positions the asset for future redevelopment into mid-rise multifamily or urban infill luxury residential product as land values continue to appreciate in Coral Ridge and East Fort Lauderdale. Investors may hold the property for current income while maintaining a competitive exit strategy centered on land value and redevelopment demand. Location Overview: Proven, Diverse Demand Drivers Casitas Coral Ridge sits in a coveted pocket of East Fort Lauderdale, surrounded by multiple lifestyle and economic drivers that help insulate revenue and drive consistent occupancy. Proximity & Transportation: • 0.2 Miles to Coral Ridge Mall (Target, Publix, AMC) – walkable retail amenity for guests • ±0.6 Miles to Fort Lauderdale Beach via Oakland Park Blvd • 15 Minutes to Fort Lauderdale–Hollywood International Airport (FLL) • Close to major corridors including Oakland Park Blvd and N Federal Highway The property attracts a blend of leisure travelers, repeat corporate guests, snowbirds, and short-stay visitors who value affordability and proximity to beaches, retail, and dining. Demographics & Market Demand The surrounding area provides strong household income, stable population density, and substantial local spending power—factors that continue to support transient lodging demand. • Avg. Household Income (1-Mile): $131,227 • Population (3-Mile Radius): 115,000+ residents • Total Annual Consumer Spending (3-Mile): $1.8 Billion+ These demographics support strong ADR performance and consistent year-round occupancy in both high and shoulder seasons. Summary Casitas Coral Ridge represents a rare opportunity to acquire a cash-flowing, legally conforming, turnkey boutique hotel in a prime coastal market. The property combines: • Strong, verified NOI • Clear operational and revenue upside • Low-maintenance physical plant • Flexible, high-value zoning • Exceptional location with diversified demand drivers This is an ideal acquisition for investors seeking immediate income, boutique hotel operators expanding in South Florida, or long-term holders looking to balance cash flow with future redevelopment potential.

Contact:

Ashland Auction Group LLC

Property Subtype:

Hotel

Date on Market:

2025-12-05

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More details for 2904 Melbourne St, Tampa, FL - Hospitality for Sale

Rodeway Inn Near Ybor City - Casino - 2904 Melbourne St

Tampa, FL 33605

  • Motel
  • Hospitality for Sale
  • $12,345,630 CAD
  • 47,862 SF
  • Fitness Center
  • Pool

Tampa Hospitality for Sale - Northeast Tampa

OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Rodeway Inn Near Ybor City - Casino. Located in Tampa, Florida - one of STR’s Top 25 U.S. hotel markets consistently ranked among the nation’s strongest for occupancy, ADR, and RevPAR performance. The 134-room hotel (118 rentable, 16 staff) is strategically positioned off Interstate 4 offering strong visibility while providing direct access to Ybor City (2.6 miles), Seminole Hard Rock Hotel & Casino (2.9 miles), Downtown Tampa (4.5 miles), and numerous other high-traffic demand generators throughout the Tampa Bay MSA and east toward Orlando. Built in 1984, the three-story, exterior-corridor property recently underwent renovations, and caters to a diverse mix of leisure and business travelers, snowbirds, convention guests, and sports groups. The offering presents investors a rare opportunity to acquire a nationally branded, cash-flowing hotel positioned within one of the most sought after hospitality markets in the United States. OPPORTUNITY ZONE: The subject property lies within a U.S. Department of Housing and Urban Development–certified Opportunity Zone, offering investors potential tax advantages through Qualified Opportunity Fund (QOF) investments. Tax benefits vary based on the length of time the investment is held. Learn more at irs.gov/opportunity-zones. Information on Opportunity Zones is for general reference only and not intended as legal, tax, or investment advice. Investors should consult their own advisors regarding individual eligibility and benefits. PROPERTY OVERVIEW: Based on discussions with ownership, the property recently underwent approximately $200,000+/- in renovations, updating 70 of the guest rooms and enhancing the property’s overall condition and reducing near-term capital needs for new ownership. Recent renovations include: New Furniture New Paint, Bathtub Paint/Coated Furniture has been purchased for the remaining guest rooms New Faucets New Curtains New Toilets The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $100,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. MARKET OVERVIEW: Tampa Bay continues to experience strong growth in population, employment, and visitor demand, further supporting the market’s long-term outlook. With demand driven by leisure, conventions, sports, and major events, the region benefits from a diverse hotel demand base and is widely regarded as one of Florida’s top-performing hospitality markets. Property Highlights: Rodeway Inn by Choice Hotels Near Ybor City 134 Total Rooms (118 available for rent) Located in Opportunity Zone Located in the Tampa Bay MSA Amenities Include: Outdoor Heated Pool, Meeting Room, Elevator, Business Center, Guest Laundry, Ample Parking, Premium Free WiFi, Pet Friendly Location Highlights: Less than 1 Mile from Interstate 4 2.7 Miles to Ybor City 2.9 Miles to the Seminole Hard Rock Casino 3.7 Miles to the Florida State Fairground 3.9 Miles to the Mid Florida Credit Union Amphitheater 4.5 Miles to the Port of Tampa 4.9 Miles from the Florida Aquarium 5 Miles from the Tampa Riverwalk 5.4 Miles from Tampa Convention Center 5.5 Miles from Busch Gardens and Adventure Island Water Park 8.2 Miles from Raymond James Stadium 12.4 Miles from Tampa International Airport Financial Highlights: Offered at $8,950,000 YE 2022 Room Revenue / RRM : $2,530,142 Room Revenue / $3.54x RRM YE 2024 NOI / Cap Rate: $848,403 NOI / 9.48% Cap Rate YE 2024 ADR / RevPAR / OCC: $85.00 ADR / $62.05 RevPAR / 73.00% OCC

Contact:

DSH Hotel Advisors

Property Subtype:

Hotel

Date on Market:

2025-11-10

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More details for 2992 W International Speedway Blvd, Daytona Beach, FL - Hospitality for Sale

Motel 6 Daytona Beach, FL - Speedway - 2992 W International Speedway Blvd

Daytona Beach, FL 32124

  • Motel
  • Hospitality for Sale
  • $8,966,100 CAD
  • 44,877 SF
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More details for 8797 20th St, Vero Beach, FL - Hospitality for Sale

Vero Beach Inn & Suites - 8797 20th St

Vero Beach, FL 32966

  • Motel
  • Hospitality for Sale
  • $10,931,745 CAD
  • 70,743 SF
  • Fitness Center
  • Pool

Vero Beach Hospitality for Sale

Please do not visit the property without a pre-arranged tour. Please route all communication directly to listing agent - Gabriel Shamay - (954) 895-6727 - Gabriel.Shamay@cushwake.com • $7,925,000 Pricing Guidance ($69,518/Room) • 109 Rooms + Five Two-Room Suites (114 Total Rooms & 117 Total Bays) • Full Liquor License and Onsite Restaurant (Recently Vacated) included in Sale • Significant Meeting Space and Restaurant On-Site • Under 4x RRM at List Price • Financial Performance: • June 2025 T-12: $2,029,332 Room Revenue • 2024: $1,910,422 Room Revenue • 2023: $2,343,731 Room Revenue • 2022: $2,641,159 Room Revenue • Absentee Owned; Management Upside with Hands-On Owner Operator • This property is in excellent shape, and is the winner of multiple industry awards, including Trip Advisor's Top Honor - The Traveler's Choice Award, in 2025, 2024 and 2022 (Placing the Hotel in the Top 10% of Hotels Worldwide, as Rated by their Guests) • Approved for Conversion to Quality Inn by Choice with Very Minimal PIP – Contact Broker for Details • Florida Coastal Market – 20 Minutes to the Beach • A Quarter Mile East of I-95 Leading into Downtown Vero Beach, a Growing Florida Coastal Market, with over 27,000 VPD • 6+ Acre-Parcel • +/- 2.1-Acre Development Site Adjacent to the Hotel May be Purchased by Seller in Separate Transaction • Ask Broker About Pre-Approved SBA 7a Loan with $2M Down Over $3M in capital improvements under current ownership, including: • New roofs (less than ten years old) • Resurfaced junior-resort style pool • Wood-plank-style porcelain tile flooring, • Plantation shutters, • Upgraded plumbing and electric, • New furniture package • Fully remodeled restaurant bar with full liquor license • Fully equipped +/- 1,500+ sq. ft. industrial kitchen • Completely renovated poolside dining room • Remodeled +/- 2,000 sq. ft. ballroom, with a capacity for +/- 200 guests • Two additional meeting rooms accommodating 12 to 45 guests for smaller functions • Fitness center • Mini market • Outdoor Tiki Lounges • Pond & Fountain Areas

Contact:

Cushman & Wakefield

Property Subtype:

Hotel

Date on Market:

2025-10-09

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More details for 2738 N Monroe St, Tallahassee, FL - Hospitality for Sale

Loyalty Inn Tallahassee - 2738 N Monroe St

Tallahassee, FL 32303

  • Motel
  • Hospitality for Sale
  • $4,138,200 CAD
  • 39,986 SF

Tallahassee Hospitality for Sale - NW Tallahassee

• Purchase Price: $3,000,000 • 101 Rooms (70 Currently Rentable – Seller In Process of Renovating/Repairing Remaining Rooms) • At $29,703/Room, this Hotel is Currently the Lowest Price/Room Hotel Currently Available/Listed for Sale in the State of Florida* o *Per CoStar Search of Hotel Listings with Advertised Price (not listed as Unpriced/Request for Offers) as of September 2025 • Out-of-State Seller; Absentee Owned & Operated • Situated on +/- 2.26-Acre Parcel • Concrete Block Construction – Per Leon County Property Appraiser • Multiple Franchises Available, including: o Rodeway Inn by Choice, o Park Inn by Choice, o Super 8 by Wyndham, o Travelodge by Wyndham and o Howard Johnson by Wyndham, among others • Multifamily Conversion Allowed By-Right – Zoned for CP-Commercial Parkway o The 160-Room Seven Hills Suites hotel located directly across the street, was successfully converted to a multifamily complex. This project is a clear example of the willingness of Tallahassee local city/county officials in supporting hotel-to-multifamily conversions. • Custom Trend Report Shows Possibility for Hotel to Generate $45+ RevPAR ($1.6M+ Revenue) o Please refer to Page 28 for details o Trend Report includes following properties in the immediate area surrounding Loyalty Inn: ? Baymont by Wyndham (3210 N. Monroe) ? Red Roof Inn (2930 Hospitality Rd) ? Econo Lodge (2681 N. Monroe) ? La Quinta Tallahassee (2905 N. Monroe) ? Quality Inn Tallahassee (3090 N. Monroe) ? Motel 6 Tallahassee (2801 N. Monroe)

Contact:

Cushman & Wakefield

Property Subtype:

Hotel

Date on Market:

2025-10-09

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More details for 3350 Bayshore Dr, Naples, FL - Hospitality for Sale

Bayshore Inn & Docks - 3350 Bayshore Dr

Naples, FL 34112

  • Motel
  • Hospitality for Sale
  • $9,517,860 CAD
  • 8,966 SF
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More details for 5390 US 1, Grant-Valkaria, FL - Specialty for Sale

Rib City - 5390 US 1

Grant-Valkaria, FL 32949

  • Motel
  • Specialty for Sale
  • $2,069,100 CAD
  • 4,202 SF
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More details for Barnicle Bed and Breakfast – for Sale, Big Pine Key, FL

Barnicle Bed and Breakfast

  • Motel
  • Mixed Types for Sale
  • $6,136,951 CAD
  • 2 Properties | Mixed Types
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More details for 19663 S US Hwy 441, High Springs, FL - Hospitality for Sale

High Springs Country Inn - 19663 S US Hwy 441

High Springs, FL 32643

  • Motel
  • Hospitality for Sale
  • $3,172,620 CAD
  • 10,939 SF
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More details for 1245 Ridgewood Ave, Daytona Beach, FL - Hospitality for Sale

Tropical Gables Motel - 1245 Ridgewood Ave

Daytona Beach, FL 32117

  • Motel
  • Hospitality for Sale
  • $1,793,220 CAD
  • 4,086 SF
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More details for 4991 Highway 77, Graceville, FL - Multifamily for Sale

4991 Highway 77

Graceville, FL 32440

  • Motel
  • Multifamily for Sale
  • $757,291 CAD
  • 2,975 SF
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More details for 12282 Emerald Coast Pkwy West, Miramar Beach, FL - Hospitality for Sale

Comfort Inn Miramar Beach-Destin - 12282 Emerald Coast Pkwy West

Miramar Beach, FL 32550

  • Motel
  • Hospitality for Sale
  • $10,345,500 CAD
  • 30,016 SF
  • Fitness Center

Miramar Beach Hospitality for Sale

Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 71-room Comfort Inn located in Miramar Beach, Florida - one of Florida’s premier coastal cities along the Gulf of Mexico. The property is a recently built, three-story, limited-service hotel that is conveniently located within close proximity to a variety of demand generators that include Miramar Beach, Silver Sands Premium Outlets, Henderson Beach State Park, and Destin Executive Airport, among others. The property also presents the opportunity to take control of an exceptional brand and scale up operations to competitive set standards through focused, hands-on management and marketing. The Comfort Inn Miramar Beach offers investors the opportunity to acquire a recently built and up-to-date property in a highly desirable and growing market at a below replacement cost price. - 2021-Built - Interior-Corridor - Seller Financing Available - Contact Broker For Additional Details - Owner Recently Removed Existing Manager’s Suite And Increased Amenity Options By Constructing A Fitness Center - Newest Hotel In Its Competitive Set - Comfort Inn By Choice Is A Highly Desirable Flag By Both Investors And Consumers Alike - Strong Brand Recognition - High Barrier-To-Entry Market - Extensive Timelines To Construct New Hotels In The Destin - Fort Walton Beach - Miramar Beach Are - Lack Of Available Hotel Properties On-Market In The Florida Panhandle Leisure Towns - Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing - Within Walking Distance To The Ocean - Located Directly Off Of Emerald Coast Parkway - The Intersection Of Emerald Coast Parkway Closest To The Property Has Average Annual Daily Traffic (AADT) Count Of Over 51,000 Cars

Contact:

Cushman & Wakefield

Property Subtype:

Hotel

Date on Market:

2025-07-03

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More details for 1589 Highway 98 W, Carrabelle, FL - Hospitality for Sale

Franklin Inn - Carrabelle - 1589 Highway 98 W

Carrabelle, FL 32322

  • Motel
  • Hospitality for Sale
  • $3,034,680 CAD
  • 12,888 SF
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More details for 1100 E 3rd Ave, New Smyrna Beach, FL - Multifamily for Sale

Angel Inn The Sand - 1100 E 3rd Ave

New Smyrna Beach, FL 32169

  • Motel
  • Multifamily for Sale
  • $4,827,900 CAD
  • 5,000 SF
  • Air Conditioning
  • Security System
  • Kitchen
  • Smoke Detector
  • Waterfront

New Smyrna Beach Multifamily for Sale - South Beach Cities

Seller Financing would be considered conditional to terms by Seller. Premier Oceanfront Short-Term Vacation Rental Property Angel Inn the Sand is a rare, direct oceanfront fourplex located on the Atlantic Ocean in highly desirable New Smyrna Beach. Spanning approximately 5,000 square feet, this fully operational short-term rental property features four nearly identical apartment-style units—each offering 2 bedrooms, 2 bathrooms, over 1,200 sq ft of interior space, and direct ocean views. Each unit is well maintained, fully furnished, and equipped to operate as a turnkey rental. The property accommodates up to 24 guests in total and has maintained high year-round occupancy over the last five years. Future bookings are secured through 2025, 2026 and 2027. Capital Improvements Include: • Hurricane-impact doors and windows (2014) • Roof Replacement (2014) • Stucco enhancements and exterior paint (2024) • Upper-level oceanfront deck upgrade & repairs (2022) • New soffits and gutter system (2024) • Updated furnishings, hotel-grade linens, and operational supplies (on-going) Included in the sale are FDEP Permit & stamped engineering plans for a future rock revetment seawall and deck rebuild, aligned with adjacent coastal properties. (Work eligible to begin post-turtle nesting season 2025.) Each unit includes a fully stocked kitchen, BBQ, beach chairs, towels, and outdoor furniture. The sale includes all furnishings, operational equipment, and business assets (some personal effects do not convey), along with 12+ years of rental history, proprietary marketing materials, and a branded website that drives over half of the bookings directly. Angel Inn the Sand is recognized as a Superhost on Airbnb and a Premier Host on VRBO, consistently earning near-perfect 5-star reviews across all platforms. Google and TripAdvisor also reflect the property's strong reputation. This is a rare oceanfront fourplex in New Smyrna Beach, offering great income potential, operational ease, and long-term asset appreciation in one of Florida’s most sought-after beach markets. Less than 1 mile from historic Flagler Avenue — shops, restaurants, and entertainment are steps away! Owner is willing to work with new owner on a contract basis for a period of 1-year if desired to keep business as usual. Realtor owned.

Contact:

Kincaid Realty

Property Subtype:

Apartment

Date on Market:

2025-06-04

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More details for 108 Royal Palm Ave, Clewiston, FL - Hospitality for Sale

#AmericasBestValueInnInvestors - 108 Royal Palm Ave

Clewiston, FL 33440

  • Motel
  • Hospitality for Sale
  • $6,069,360 CAD
  • 37,029 SF

Clewiston Hospitality for Sale

#usainvestors #NYInvestors Enlarge Your Territory and put down your stake - Great property $$$$$$$ - turn your investment money into an opportunity to make a rewarding revenue - for growth and new management. The opportunity is YOURS and this lovely motel cam make the difference in your Now and Near Future. Discover southern charm and hospitality at the Clewiston Inn. A beautifully restored classical revival, the Inn offers a perfect blend of country elegance and modern comfort. Nestled in the heart of South Florida's sugar cane country and on the shore of Lake Okeechobee, the Clewiston Inn provides visitors with a peaceful setting and welcoming retreat. You're certain to feel at home in one of our charming 57 guest rooms or suites. Eight (8) of them are apartments and 57 rooms are open and in good condition and upgraded with vinyl flooring and new paint, new security camera system and recently painted the banquet hall with new tiles. The banquet hall has Friday night entertainment that draws extra income. In the month of March is the sugarcane festival and the place is booked up and bringing in great revenue. A GREAT OPPORTUNITY for investors to grab this wonderful property and make it your own. We're conveniently located just 60 miles west of West Palm Beach and 60 miles east of Ft. Myers. The Clewiston Inn is also great for hosting corporate retreats, meetings, weddings, reunions and other specialty events. OWNER FINANCING WITH 50% DOWN - Rate and Term can be discussed.

Contact:

Florida Homes Realty & Mortgage

Property Subtype:

Hotel

Date on Market:

2025-05-27

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More details for 9301 S Orange Blossom Trl, Orlando, FL - Hospitality for Sale

Days Inn by Wyndham Orlando Airport Florida - 9301 S Orange Blossom Trl

Orlando, FL 32837

  • Motel
  • Hospitality for Sale
  • $10,759,320 CAD
  • 89,252 SF
  • Pool

Orlando Hospitality for Sale - SE Orange Outlying

• $7,800,000 Purchase Price • 139 Rooms ($56,115/Room) • +/- 5.29-Acre Parcel • Full-Service Hotel with Recently Renovated & Leased Restaurant/Banquet Space • Over $171,000 in Annual Revenue Collected from Passive Income Streams, Outside Room Revenue o Leases Summarized Below, Per Seller: ? $5,000/Monthly – Restaurant/Bar Rent ? $4,000/Monthly – Banquet Space Rent ? $3,500 - $4,000/Monthly – Billboard Rent ? $1,800/Monthly – Short-Term Lease on Excess Parking for Local Limousine Owner ? $14,300 - $14,800 – Estimated Monthly Rent Collected by Owner • Walking Distance to the Florida Mall, the Largest Mall in Central Florida Boasting over 1.7 Million Square Feet of Retail Space/Shopping Space • 10-Minute Drive to the New Epic Universe Theme Park, Expected to Open May 2025 and Expected to Help Drive a Significant Increase to the Amount of Visitors in the Local Area • 10-Minute Drive to Orlando International Airport (MCO) o With Over 28 Million Passengers In 2023, MCO Is the Busiest Airport in Florida and 7th Busiest in the United States • Tremendous Visibility and Accessibility from the Martin Andersen Beachline Expressway, US 441, & Florida’s Turnpike, Three Main Expressways that Travel Through the City of Orlando • Within 10 Miles of Downtown Orlando, a Major Tourism Hotspot with a Strong Economic Profile, Diverse Employment Opportunities, a Wide Variety of Travel & Tourism, and Exceptional Lifestyle Options & Opportunities • Located Within the Orlando - Kissimmee - Sanford MSA, a Highly Desirable and Top Performing MSA with a Population of Over 2,600,000 People and Growth Rate of Approximately 2.3 Percent.

Contact:

Cushman & Wakefield

Property Subtype:

Hotel

Date on Market:

2025-05-01

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More details for 510 Lane Ave S, Jacksonville, FL - Hospitality for Sale

APM Inn & Suites Jacksonville, FL - 510 Lane Ave S

Jacksonville, FL 32254

  • Motel
  • Hospitality for Sale
  • $20,346,150 CAD
  • 71,880 SF
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More details for Historic Bed & Breakfast Inn Portfolio – Hospitality for Sale, Gainesville, FL

Historic Bed & Breakfast Inn Portfolio

  • Motel
  • Hospitality for Sale
  • $4,414,080 CAD
  • 14,095 SF
  • 2 Hospitality Properties
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More details for 10151 Tamiami Trl, Punta Gorda, FL - Hospitality for Sale

American Inn Punta Gorda - 10151 Tamiami Trl

Punta Gorda, FL 33950

  • Motel
  • Hospitality for Sale
  • $1,655,142 CAD
  • 8,458 SF
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More details for 178 SW Florida Gateway Dr, Lake City, FL - Hospitality for Sale

Econo Lodge Lake City-North - 178 SW Florida Gateway Dr

Lake City, FL 32024

  • Motel
  • Hospitality for Sale
  • $4,483,050 CAD
  • 45,064 SF
  • Pool

Lake City Hospitality for Sale

OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Econo Lodge by Choice Hotels Lake City, Florida, a two-story 61-room exterior corridor hotel located directly off of Interstate-75, within a close proximity to several major demand generators. Additionally, current ownership would consider selling adjacent land and a retail plaza, which includes a liquor store, a single-family home, multiple rental income sources, and 47.3+/- acres of land. PROPERTY CONDITION: The subject property remains in good condition due to the recent renovations completed and an ongoing capital improvement plan. It is estimated that the change of ownership PIP would be approximately $50,000+/-; however, this figure is a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. RENOVATIONS COMPLETED INCLUDE: • New Interior & Exterior Paint • New Flooring • New Bedding • New Mattresses • New TVs • Parking Lot Resurfaced MARKET OVERVIEW: The subject property located in Lake City, FL is conveniently located adjacent to Interstate-75. Lake City has long been known as “The Gateway to Florida” as it sits approximately 64 miles from Jacksonville, 46 miles from Gainesville, and 104 miles from Tallahassee. Lake City is the northernmost sizable city in Florida on Interstate-75 and carries a large percentage of Florida’s tourist and commercial traffic. Lake City and its natural beauty and outdoor activities is a natural theme park for outdoor enthusiasts, festival goers, music lovers, or those simply wanting to spend a little time in a quiet and tranquil setting. With crystal-clear freshwater springs, history, culture, various music festivals, and an abundance of outdoor activities, Lake City attracts visitors year-round. UPSIDE POTENTIAL: The Econo Lodge by Choice Hotels is situated directly off I-75 and is only a short distance from I-10. The subject property has historically outperformed the comp set in ADR but lagged significantly in Occupancy, ultimately placing it ranked 4 of 7 in RevPAR. Significant upside potential remains for an owner-operator through active management and managing guest experience to ultimately improve the bottom-line. Property Highlights: • Econo Lodge by Choice Hotels - Lake City, Florida • 61-Rooms, Two Story, Exterior Corridor • Close Proximity to Multiple Diverse Demand Generators • Minimal Change of Ownership PIP* • Amenities Include, Outdoor Pool, Premium WiFi, Outdoor Picnic Area, Truck Parking, Guest Laundry, News Stand • Absentee Owner Location Highlights: • Situated at Intersection of I-75 & US 90 • High Visibility from I-75 • 46 Miles from Gainesville, FL • 64 Miles from Jacksonville, FL • 104 Miles from Tallahassee, FL Financial Highlights: • List Price of $3,250,000 • YE 2024 Room Revenue of $1,037,228 • Year 1 Projected Room Revenue of $1,098,101 • Year 1 Projected NOI of $352,797 • 2024 Occupancy - Ranked 4 of 6 • 2024 ADR - Ranked 1 of 6 • 2024 RevPAR - Ranked 3 of 6

Contact:

DSH Hotel Advisors

Property Subtype:

Hotel

Date on Market:

2025-04-03

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More details for 5690 S Us Highway 1, Grant, FL - Hospitality for Sale

Pelican Lodge - 5690 S Us Highway 1

Grant, FL 32949

  • Motel
  • Hospitality for Sale
  • $3,793,350 CAD
  • 5,975 SF
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