8010 Highway 98 Port St. Joe
$2,349,999
Sold on Jun 26, 2023 for $2,124,999TYPE: Commercial
ACRES:
2.73
**PLEASE READ IN ENTIRETY** MOTEL ONLY SALE. ANNUAL GROSS IS $340,000-$350,000. OWNER FINANCING POSSIBILITY WITH $600,000 DOWN AND 1 YEAR BALLOON, OR $750,000 DOWN AND 2 YEAR BALLOON. 15 RENOVATED UNITS PLUS A 1BD, 2BA 1300 SQUARE FOOT OWNER/MANAGER LIVING AREA WITH FULL KITCHEN, LIVING ROOM AND PANTRY. MOTEL AND ADJACENT VACANT LOT SELLING FOR $3,499,000 (OWNER FINANCING ONLY OPTION FOR MOTEL AND LAND COMBINED IS WITH $900,000 AND A 1 YEAR BALLOON) GIVING A COMBINED 2.7 ACRES. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM, SODA AND VENDING/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT.
This listing is maintained by RE/MAX Freedom.
Property Details
| MLS# | 736346 |
| Status | Closed |
| Property Type | Commercial |
| Acreage | 2.73 |
| Year Built | 1959 |
| Stories | 1 |
| HOA | No HOA Fees |
Features
| Community Amenities | LaundryFacilities, |
| Energy | CentralAir, Electric, WindowUnits, WallWindowUnits, |
| Construction | Block, Concrete, |
Location
| Zip Code | 32456 |
| Area | Gulf County |
| Sub-area | Gulf County - St. Joe Beach |
| Subdivision | No Named Subdivision |
Map
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Real estate property information provided by Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
