14711 Gulf Blvd - Hospitality FOR SALE


Madeira Beach, FL 33708
$7,900,000 USD
727-584-7355
14711 Gulf Blvd, Madeira Beach, FL for Sale
$7,900,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

14711 Gulf Blvd
Madeira Beach, FL 33708


HIGHLIGHTS

  • 3/4 acres on Main Thoroughfare
  • Across the street from public beach access
  • Walk to World Famous Johns Pass
  • Can build up tp 30 units lodging or 15 units residential

OVERVIEW

Hurricane damage - Possible redevelopment site -.77 acres can Build 40 Units Per Acre(30) Lodging or 15 Units Per Acre residential (11) or operate the motel the way it is. Feel the warm winds of the Gulf of Mexico while your guest vacation at this beautiful, Tropical Resort located just a stone’s throw from blue waters. With dedicated beach access and only a five (5) minute walk to the Madeira public beach, Holiday Isles Resort boasts (24) one-bedroom studios with kitchenettes, (1) two-bedroom suite and (2) regular one-bedroom units. The Resort also includes a separate two (2) bedroom Beach Cottage and a free-standing Resort Bungalow. There is an additional unit for staff not included in the hotel count. The Resort has a spacious lobby and front desk area, a newer (2018) shingled roof, both a commercial and guest laundry, a dedicated tiki-hut area, heated swimming pool, sun deck and spacious balconies overlooking the tropical grounds. Sitting on over 3/4 acre, the property is Wi-Fi equipped and every unit has an upscale amenity package, including flat-screen televisions. 35 off-street parking spaces. Located directly on the main strip of Gulf Blvd. and directly across the street from the beach, we are also close to several restaurants, so you don’t have to drive everywhere! World-famous John’s Pass is just one-and-a-half miles south, and the Suncoast Beach Trolley travels north and south along Gulf Blvd., with stops nearby.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$472 USD /SF

# OF ROOMS

33

PRICE/ROOM

$239,394 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Isles Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C2/C3, Madeira Beach

APN/PARCEL ID

09-31-15-54198-002-0260

ASK ABOUT THIS PROPERTY

Georgette GillisViewpoint Realty InternationalMore Info
727-584-7355

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Georgette GillisViewpoint Realty InternationalMore Info
727-584-7355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.