Remarks

Seal the deal with Owner financing at 7%! NEW ROOF as of March 10th, 2024. Roof installed by licensed contractors; permit pulled. New water heater and all units minus one have been remodeled. 1950 Vintage Florida Motel and Campground on 11 total acres, located on the busy Historic Highway 19 corridor, in Perry. Motel with 21 rooms, 2 apartments, campgrounds, and club house! Take a step back in time to Old Florida, the Florida of Vintage Postcards. The Westgate Motel offers Old Florida charm and a smart investment opportunity. Situated on the Central/South West Florida to North West Florida connector, Highway 19, with a daily traffic count of 11,227 at the intersection of Hampton Springs Avenue (just North of the Motel), this route is chosen by Florida tourists and corporate travelers alike. 55 miles south of the Capital City of Tallahassee, and 166 miles to Tampa. Minutes from Downtown Perry, and within walking distance to shops and restaurants. The Motel features 22 rooms and 3 buildings total 10,426 SF of space to turn this Vintage Florida hospitality property into a successful income producer. Building one 3,093 SF, building two 4,479 SF, building three 2,854 SF. Additional parcel located to the west of the motel offers 7.98 acres for RV camping. Commercial zoning. 2020 annual taxes $6,094. NOI information will be provided to qualified buyers. Well qualified buyers may request an in-person tour of the property. Fantastic opportunity to own a Vintage Florida income producing property! **See ATTACHED DOCS for additional owner financing and current rental information.

Details

MLS#: 337865
Price: $1,625,000

Style: Hotel Motel

County: Taylor
Tax Fee: 6094