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$ 8,500,000
Est. payment | /mo
5,735 SqFt
$ 8,500,000
Est. payment | /mo
5,735 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,735 sqft
Price per Sqft $1,482
MLS Listing ID A11806998
HOA Y/N No
Year Built 2007
Annual Tax Amount $33,000
Lot Size 0.430 Acres
Property Sub-Type Hotel/Motel
Property Description
Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside as the area undergoes major infrastructure improvements. Just a three-minute walk from the beach, the location is a top draw for short-term guests and is minutes from Fort Pierce Inlet State Park, the marina, and the vibrant downtown area. Positioned along the waterfront, the hotel benefits from year-round tourism and convenient access to US-1, I-95, and the Florida Turnpike. 18 fully furnished, turn-key units, income-generating from day one, and holds an active Certificate of Use, allowing for immediate continued operation. Architectural plans for a pool are included, offering the opportunity to enhance the property with resort-style amenities.
Location
State FL
County St Lucie
Area 7020
Exterior
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 1425-603-0006-000-1
Acceptable Financing Cash, Conventional, Cryptocurrency, Owner May Carry
Listing Terms Cash, Conventional, Cryptocurrency, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11806998
Listed by Westvest Associates, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "