Building Size 4,889 sf

13-Unit Hospitality Investment

Property Flyer
  • The Rainbow Motel features 13 units available as weekly rentals that are projected to bring in a total net operating income of $150,240 for 2022.
  • Convenient amenities include in-room refrigerator, microwave, guest laundry, and ADA accessible rooms, and all utilities are included.
  • In close proximity to the beaches, golf clubs, shopping centers and restaurants.
  • Property has potential to be converted into an assisted living facility or rehabilitation center.

 

Building Size 4,889 sf Acreage .49 Zoning CG Frontage 101.25'
Building Size 8,718 SF (combined)

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.

 

Building Size 8,718 SF (combined) Acreage 2.54 Zoning CG Frontage 329'
Building Size 8,241 SF
This property is currently not available.

21-Unit Multifamily Investment | SOLD! $1,650,000

Property Flyer
  • Jeremiah Baron & Co. is pleased to present an exceptional purchase opportunity consisting of a 21-room multi-family property with a 1 bed / 1 bath house located just off S US Highway 1 in Fort Pierce, FL.
  • Site features include a pool, expansive yard space, and a common area for food service and lounge.
  • The interior and exterior of the property was previously renovated back in 2015 with additional improvements taking place during 2021 that will include a new septic and landscaping. Completed improvements include a new roof and a freshly painted exterior.
  • Situated on a 1.51 acre land with additional land in the rear that could be potentially be purchased.
  • There is a motel license in place makes for quick 1 day evictions, plus the benefit of zero headaches with an on-site property manager.
  • This location was previously approved by the City of Fort Pierce for a treatment center.
  • Centrally located in the city of Fort Pierce, quick 12 minute commute to the I-95 access ramp and Florida’s Turnpike and less than 10 miles away from parks and beaches.

 

Building Size 8,241 SF Acreage 1.51 Land Use GC Zoning C-3 Frontage 165'
Building Size 6,699 sf (total)
This property is currently not available.

Motel Redevelopment Opportunity SOLD $650,000

Property Flyer

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!

 

Building Size 6,699 sf (total) Acreage .82 Land Use Downtown Redevelopment Zoning UH - Urban Highway Frontage 101'