Sun Island Motel & Apartments

Hospitality for Sale
Catylist Listing ID: 30048825
Property Subtypes: Hotel, Motel, Other
Number of Units: 12 Units
Building Size (RSF): 5,692 SF
Gross Building Area: See Agent
Gross Land Area: 11,500 SF
Sale Price: $968,000
Unit Price: $80,666.67 Per Unit
Property Use Type: Investment
Name of Establishment: Sun Island Motel
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/17/2017

Overview / Comments

Great Location in Tourist destination St. Pete Beach. Near beaches, shopping and Restaurants. 3.5 miles south of John' s Pass Village. Total 11 units, plus Owners Apartment with 2 Bedroom, 1 Bath, Full Kitchen, large Living room and dining area. New roof just put in, June 2017.

4 Units are equipped with full sized Kitchens, 6 Units with Kitchenette, plus 1 Large efficiency
Swimming pool, Laundry room and coin operated washer and dryer for customers.Room rates are $80 per day and $300 to $450 weekly. Seller may consider Seller financing to qualified buyer with substantial down payment.

On East side of Blind Pass Rd. between 82nd Ave and 84th Ave. Cross a street from Catholic Curch.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 25-31-15-78102-098-0010
Property Located Between: On East side of Blind Pass Rd. between 82nd Ave and 84th Ave. Cross a street from Catholic Curch.
Property Visibility: Excellent
Property Condition: Average
Construction/Siding: Block
Legal Description: St Petersburg Beach replat of BLK 98 Lot 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,779 54,899 156,982
Median Age: 62.37 52.52 47.23
Households: 5,278 28,147 72,578

Contact

Photograph of Listing Agent

Eric Cederman

Cederman Properties FGCAR CIE Member
© Copyright Florida Gulfcoast Commercial Association of REALTORS┬« . All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.