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Here is your chance to own a piece of history at this prime Anna Maria Island Location. Since suffering damage, this motel has undergone remediation from the flooding of Hurrican Helen with a 5-foot drywall removal and is being sold As-Is. Consider this a blank slate to bring this successful motel back to life or use this location as an opportunity to develop a new boutique motel or possibly multiple single family vacation rental homes. This 9-unit motel is ideally located on the coveted north end of Anna Maria Island, offering a rare investment opportunity in one of Florida's most sought-after destinations. Currently consisting of 5 congruent lots this plot of land has many possibilities. Boasting consistent tourist traffic year-round, the property enjoys strong occupancy rates thanks to its prime location and appealing amenities. In recent years this motel has grossed up to 700K in a 12-month period! This property offers exceptional potential for savvy investors or developers seeking to capitalize on Anna Maria Island's popularity. With its prime location and flexibility for future use, this motel represents a fantastic opportunity to create a unique business or residential venture in one of Florida's most desirable areas.
| DAYS ON MARKET | 12 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| TRACT | WELLS | YEAR BUILT | 1949 |
| COMMUNITY | 34216 - Anna Maria | COUNTY | Manatee |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34216 - Anna Maria |
| CONSTRUCTION | Block |
| LOT | 0.52 acre(s) |
| LOT DIMENSIONS | 192x100 |
| SUBDIVISION | WELLS |
| TAXES | 31791 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jessica Adair, MARCUS & COMPANY REALTY, 941-932-8550
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/20/24 10:40 PM PST.
This IDX solution is (c) Diverse Solutions 2024.
