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Motel Redevelopment Opportunity

603 SW Federal Highway, Stuart, FL, 34994
Sold

Property Details

  • Property Type: Development, Hospitality
  • Availability: Sold
  • Transaction Type: Sold
  • Building Size: 6,699 SF
  • Lot Size: 0.82 AC
  • Zoning Description: UH - Urban Highway
  • Land Use: Downtown Redevelopment
  • Frontage: 101'

Property Description

Motel Redevelopment Opportunity

HUGE REDEVELOPMENT OPPORTUNITY POTENTIAL!
Located in the heart of Downtown Stuart, this Florida bungalow motel property is just screaming for a makeover. Cosmetic, site modifications, and renovated interior will bring this property to a whole new operating level. Total property has 19 rooms (four separate buildings) and functions best as a boutique inn, comprised of 10 single rooms and 9 Airbnb-ready fully furnished units with kitchenettes. Additional buildings on-site include laundry room facilities, lobby/manager’s office and storage. Bring your builder and architect, and have fun planning Stuart’s newest vacation hot spot!

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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