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4891 US Highway 1, Fort Pierce FL 34946

$2,285,000
23-Unit Hospitality Investment - For Sale
UNDER CONTRACT
4891 US Highway 1, Fort Pierce FL 34946
Building Size 8,718 SF (combined) Acreage 2.54 Zoning CG Frontage 329'

23-Unit Hospitality Investment

Property Flyer
  • The Fountains Hotel features 23 efficiencies and suites that currently bringing in a net operating income of $240,000 a year.
  • Site features renovated units and amenities such as a pool, hot tub, grill, conference center, breakfast room, on-site laundry facilities, gym, and professional center.
  • Convenient driving distance to the beaches, golf, shopping and restaurants.
  • Property has potential to be converted into an assisted living facility or rehabilitation center.
  • Capital improvements include a new water treatment system installed in 2021 plus the construction of a new rental suite structure.

 

Conor Mackin (cmackin@commercialrealestatellc.com)
973.303.1160