Hotel in Redington Shores, Florida 392.98 sq.m. № 1352836

Hotel in Redington Shores, Florida 392.98 sq.m. № 1352836
ID1352836 $ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

WELCOME TO PARADISE! This unique opportunity features 2-story motel just steps away from award-winning Gulf Beaches. Located right next to the Redington Shores beach access, your guests will enjoy a short 1-minute walk to the gorgeous, sandy beach. This property is family owned and operated motel for over 20 years! It features a total of 10 units consisting of 7 fully equipped efficiency studios, 1 motel room, 1- 1 bedroom apartment and huge upstairs 3 beds/2 baths unit. The upstairs unit has been used by the current owner as a primary residence therefore it has never been rented and not included in the current financials. This apartment could ALSO be SPLIT in 2 different units for even MORE income stream. In this unit guests (or owners) will enjoy 2 different terraces on either side and a NEW roof deck with a BEACH VIEW! The owner's suite has also a functioning fire place. Please see pictures for all the details. This is a perfect opportunity to make your dreams come true- either be an owner operator and live where you vacation or re-brand to a boutique style hotel and be a hands off owner investor.
Either way THE POSSIBILITIES ARE ENDLESS! This amazing property also features A BRAND NEW ROOF (was just put on in June 2024), brand new roof top deck and fresh paint. Also all the downstairs units have NEW WINDOWS! There is a hotel management/billing software with remote smart locks in place. Motel has been running for nearly 60 years and has been thriving with MANY RETURNING GUESTS! It has a great reputation with 5-star reviews! It is conveniently located near dining, shops and entertainment and only 30-mins from Tampa International Airport. *PLEASE NOTE: Owner financing available to available to qualifies buyers under the right terms.*
MLS #: U8255903
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CityRedington Shores
Address18202 GULF BOULEVARD
TypeHotel
Living space392.98 m²
  • sq. ft
Completion dateIV quarter, 1964
Price
  • Price
  • per m²
$ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £