317 N Byron Butler Pkwy - Hospitality FOR SALE


Perry, FL 32347
$1,345,000 USD
850-386-6160
317 N Byron Butler Pkwy, Perry, FL for Sale
$1,345,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

317 N Byron Butler Pkwy
Perry, FL 32347


HIGHLIGHTS

  • Motel located at the corner of historic Highway 19 and Main Street in the city of Perry.
  • Property is situated on a 2.86-acre lot within walking distance to downtown Perry.

OVERVIEW

1954 Vintage Florida Motel located at the corner of Historic Highway 19 and Main Street intersection, in the City of Perry. Old Florida charm and a prime location with daily traffic count of 10,625 for HWY 19 directly in front of this 33 room Motel make this gem a savvy investment opportunity. Situated on 2.86 acres and within walking distance to Downtown Perry, this centrally located Motel is 55 miles South of the Capital City of Tallahassee via Highway 19, a major connector between Central/ South West Florida and Northwest Florida, 166 miles to Tampa. The Highway 19 corridor is a high traffic route, chosen by Florida tourists and corporate travelers alike. With a total of 3 buildings, including an office, this hospitality property offers plenty of space for a successful business. Building one 4,715 SF, building two 4,723 SF and building three (located at the West end of the property) features 1,728 SF, but is currently unusable (needs roof). Commercial zoning. Annual taxes for 2020 $6,146. Rental Info: Daily $65 1 bed , $75 2 beds & $85- $95 (smoking and pet friendly room) Weekly $295 1 bed, $325 2 beds & $425 (smoking and pet friendly room) Bi-weekly $455 1 bed, $555 2 beds & $655 (smoking and pet friendly room) Monthly $695 1 bed, $795 2 beds & $895 to $995 (smoking and pet friendly room) $100 Deposit for weekly, bi-weekly and monthly required. Extra person $10 per day Extra pet $10 per day Transfer rooms- $40 fee Lost key $25 Check in: 3:00pm check out 11:00am Well qualified buyers may request an in person tour. Perfect opportunity to invest in a Vintage Florida property! CASH only sale, no financing.

FOR SALE DETAILS

PRICE

$1,345,000 USD

PRICE/SF

$54 USD /SF

# OF ROOMS

31

PRICE/ROOM

$43,387 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skylark Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

C

APN/PARCEL ID

23-04-07-03141-000

ASK ABOUT THIS PROPERTY

Sarah ScottColdwell Banker HartungMore Info
850-386-6160

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Sarah ScottColdwell Banker HartungMore Info
850-386-6160

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