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Florida's Inn Broker |
Florida's |
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Independent Motel in Florida Keys. Redevelopment play. Owner financing available for qualified buyer. Presently has 30 + rooms + managers quarters. Owner has approval to relocate building rights.
This is an excellent opportunity to redevelop in the Florida Keys. Property is an operating motel at the moment doing about $500,000 ...top line. Owner will finance to qualified buyer. The largest asset is the transient licenses (no more available)which owner got approval to relocate the building rights which would save a developer about a year in the development process.
Why not control the land...earn some money on your investment and make a substantial profit on the rebuilt?
This property offered at $4,500,000
When inquiring, please mention property #5217RHB1
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