This offering includes a 108-Rm motel situated on 5-acres MOL, offering 330 feet of roadway frontage on Irlo Bronson Memorial Hwy. Owners have tentative plans to develop 384 Multifamily/Mixed-Use, as current zoning permits.
Property includes:
· 5-Acres MOL
· 106-rm/2-Story/46,468 Htd SF
· Year Built: 1981
Within proximity to the Property along the W. Irlo Bronson Memorial Highway Corridor is the Wyndham Vacation Resorts, Star Island Resort & Club, Legacy Vacation Resort, The Grand Orlando Resort at Celebration, Falcon’s Fire and Celebration Golf Courses, Advent Health Celebration, and Upscale Retail, Restaurants and Entertainment Venues.
Zoning: OCT (Commercial Tourist – 40/80 du/acre)
Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare
Proposed developments:
· Apartments/Condo’s/Mixed-Use
· Nursing Home/Assisted Living/Memory Care/Independent Living
· Medical Facility/Professional Office/Pharmacy
· Hotel/Condo-Hotel/Retail/Restaurant