- – beds
- – baths
- 4,856 sqft
- ~1/2 acre lot
- $251 per sqft
- 1948 build
- – on site
More homes
Great opportunity to purchase an established MOTEL sitting on a 150x200 ft lot with a total of 13 Units with onsite office in excellent desirable location between Indian Mound Park and Bay Heights Park with public boat ramps and close to Historic Dearborn Street. There are 6 Efficiencies, 3 One bedrooms and 4 Two Bedroom Apartments – all fully furnished and equipped. All Units/Rooms tastefully remodeled and decorated. They are all very clean. Onsite Office is located in freestanding Building#1 and so is a One Bedroom Unit, which would make it the perfect living quarters for an onsite Manager. There is room for a pool or additional Units on a piece of land included with the Motel. Two separate Laundry Rooms; one for housekeeping the other set up as coin laundry for guest make turn arounds easy. The Motel has an established clientele, many customers return here year after year. It has an excellent income stream with bookings in the amount of $65,000 already in place for season 2021 . Financial Information available to qualified buyers. In 2015 all 4 buildings were updated and heavily improved with new roof, hurricane impact windows & sliders, various new ACs, electric work, landscaping, patios, pergolas & pavers, kitchen & bathroom remodel, new furnishings - see attached list for details.
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Last updated Nov 3, 2024
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MLS# D6113158 —
The Building
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Year Built:1948
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New Construction:false
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Construction Materials:Block
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Levels:One
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Common Walls:Corner Unit
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Covered
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# of Buildings:4
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Furnished
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Fireplace:true
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Fireplace Features:Decorative
Room Dimensions
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Living Area:4856
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Going North on Indiana, make a Left on Bay Street. Motel on your Left
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Latitude:26.950561
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Longitude:-82.354257
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Coordinates:-82.354257, 26.950561
The Property
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Parcel Number:0504080073
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Features:Near Golf Course
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Lot Size Acres:0.46
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Lot Size Area:20107
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Lot Size SqFt:20107
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:RMF3
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View:Garden
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View:true
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Exterior Features:Outdoor Grill
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Water Source:Well
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 716-0417
- Office phone:
- (941) 698-0303
Taxes
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Tax Year:2019
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Tax Lot:57
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Tax Legal Description:ENGLEWOOD BAY MOTEL LOTS 57 & 58 TYLER & DARLINGS 1ST ADD TO ENGLEWOOD
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Tax Book Number:1-59
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Tax Annual Amount:$6,854.12
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
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Green Energy Efficient:Windows
Appliances
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Appliances:Microwave
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Laundry Features:Laundry Room
The Community
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Subdivision Name:TYLER-DARLINGS 01 ADD/ENGLEW
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Assigned
Extra Units
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Other Structures:Cabana
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# of Units Total:13
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/15/20
Oct 15, 2020
|
Sold | STELLAR_MLS | $1,220,000 |