8 Luxury Suite Hotel Opportunity

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30827918
Property Subtypes: Hotel
Status: Pending
Building Status: Proposed
Number of Units: 8 Units
Building Size (RSF): 5,530,408 SF
Gross Building Area: See Agent
Gross Land Area: 20,000 SF
Sale Price: $525,000
Unit Price: $65,625 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

8 Luxury 408 sq ft luxury suites contained in 2 - 2 story buildings with parking & pool and large gathering area. Suites to include kitchenette, bathroom and living/bedroom.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 164423C2036800250
Zoning: C-2
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Good
Largest Nearby Street: Chiquita Blvd
Feet of Frontage: 160
Airports: RSW, Punta Gorda
Site Description: Cleared Level & Flat
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Roof Type: Other
Construction/Siding: Stucco
Water Recreation: Outdoor Pool
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: Paved
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Well designed kitchenette, bathroom with shower and generous living/bedroom
Zoning Description: Pine Island Corridor, C-2
Lot Frontage: 160
Lot Depth: 125
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: CAPE CORAL UNIT 50 BLK 3680 PB 17 PG 159 LOTS 25 + 26 AND CAPE CORAL UNIT 50 BLK 3680 PB 17 PG 159 LOTS 23 + 24

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,097 45,944 116,670
Median Age: 34.16 37.5 40.8
Households: 1,348 16,368 44,143


Photograph of Listing Agent

Kevin C Cloutier, PA

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