11 Unit Motel Property on Venice Island

Hospitality for Sale
Also listed as Multi-Family
Catylist Listing ID: 30497306
Property Subtypes: Bed & Breakfast, Motel, Vacation Rental(s)
Number of Units: 11 Units
Building Size (RSF): 4,291 SF
Gross Building Area: See Agent
Gross Land Area: 35,450 SF
Sale Price: $1,099,000
Unit Price: $99,909.09 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: Kon Tiki Motel
Name of Establishment: Kon Tiki Motel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

American Property Group of Sarasota, Inc is proud to present, 1487 S Tamiami Trail, Venice, FL 34285:

Property type: Motel

Building Size: 4,291 SF

Land Size: 35,450 SF

Highlights: 11 large rooms, each room has a stove, pantry, microwave, and equipped with dishes. Huge exposure on Tamiami Trail in Venice, FL, island location with waterfront views, pool, high reviews on Trip Adviser, Facebook, Yelp and more. Lots of value-add opportunity with this!

Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941)923-0535 at your convenience.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0428130002
Zoning: CI - COMMERCIAL INTENSIVE
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Feet of Frontage: 305
Number of Stories: 1
Year Built: 1985
Water Recreation: Outdoor Pool
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,457 43,450 66,229
Median Age: 64.47 60.41 60.28
Households: 3,593 22,522 33,920

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