8010 Highway 98 Port St. Joe

TYPE: Hotel/Motel

BEDS: 0

BATHS: 0 / 0

SQFT: 0

ACRES: 2.73

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**PLEASE READ IN ENTIRETY** MOTEL ONLY SALE. ANNUAL GROSS IS $340,000-$350,000. OWNER FINANCING POSSIBILITY WITH $600,000 DOWN AND 1 YEAR BALLOON, OR $750,000 DOWN AND 2 YEAR BALLOON. 15 RENOVATED UNITS PLUS A 1BD, 2BA 1300 SQUARE FOOT OWNER/MANAGER LIVING AREA WITH FULL KITCHEN, LIVING ROOM AND PANTRY. MOTEL AND ADJACENT VACANT LOT SELLING FOR $3,499,000 (OWNER FINANCING ONLY OPTION FOR MOTEL AND LAND COMBINED IS WITH $900,000 AND A 1 YEAR BALLOON) GIVING A COMBINED 2.7 ACRES. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM, SODA AND VENDING/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT.

This listing is maintained by RE/MAX Freedom.

Property Details

MLS#

736346

Status

Active

Property Type

Hotel/Motel

Bedrooms

Bathrooms

0 full, 0 half

H/C Sqft

Acreage

$2.00 in 0

Year Built

1959

Stories

HOA

No HOA Fees

Features

Energy

Central Air, Electric, Window Unit(s), Wall/Window Unit(s),

Construction

Block, Concrete,

Location

Zip Code

32456

Sub-area

0702 - Gulf County - St. Joe Beach

Subdivision

No Named Subdivision

Map

Mortgage Estimator

Real estate property information provided by Central Panhandle Association of REALTORS® (CPAR) and Emerald Coast Association of REALTORS® (ECAR). IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. Vendor ID: 28322

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