oceanfront mini resort
gross: $742,300 Net: $239,616
Price: $4,500,000
25+ units
This 25+ unit, interior corridor hotel sits on 2.6 acres, fronting on the white sands of the Atlantic Ocean. Built in 1994, it boasts views of both the ocean and the intra-coastal waterway. Currently operated as an independent, the new owner could increase revenue substantially by branding the property.

A relaxing oceanfront inn that offers 25+ well appointed guest rooms, with all rooms including coffee makers, microwaves, refrigerators, irons and ironing boards, wireless internet service, 25" televisions and private balconies or patios. Guests enjoy an outdoor heated pool and the fine beach while staying here, as well as a delicious continental breakfast each morning. It has 12+ double rooms, 4 king rooms, 4 king rooms with kitchenettes, and 4 king rooms with Jacuzzis. The rooms were upgraded in 2003 with new televisions, and the current owner added a brand new telephone system in October of last year. The property has been meticulously maintained, and shows very well.

Several of the areas finest restaurants are just minutes away. Party and charter fishing boats are less than 3 minutes away, and golf courses are as close as 10 minutes.


FLORIDA RESORT GROUP, INC.
PHONE (727) 524-0066/frg@gate.net/www.frgi.com
Broker is an agent of and paid by the Seller. This document does not constitute or imply an offer of sub-agency to any other Broker
All information is obtained from Seller or Seller’s Agent and is believed to be accurate, but is not warranted by the Broker. #1211