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$ 1,099,000
Est. payment | /mo
5,227 Sqft Lot
$ 1,099,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Single Family Home, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 963174
Year Built 1948
Lot Size 5,227 Sqft
Acres 0.12
Property Description
SEASIDE ESCAPE HOTEL-YOUR OPPORTUNITY TO OWN A PROFTIABLE COASTAL GEMSeize a rare investment opportunity with Seaside Escape, an eight unit, fully renovated boutique hotel that offers an impressive 12% cap rate. Seaside Escape separates itself from other businesses due to its ideal location, just minutes from the white sand beaches of the Florida Panhandle and between two top military bases, providing a consistent and diverse customer base.This eight unit complex is being sold furnished with a number of upgrades being done within the last two years, including a new roof, HVAC, electric, plumbing, windows and more. Every unit is designed with thoughtful amenities, including its own queen bed, workplace, and fully equipped kitchen. Enquire for details, all financials available!
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Listed by Anchor Realty Florida
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "