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8010 Hwy 98 W

MEXICO BEACH, FL 32456
  • $3,499,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 313107
UPDATED: 54 min ago
$3,499,000
  • 16
    BEDS
  • 2.73
    ACRES
  • 17
    BATHS
  • 0
    1/2 BATHS
  • 6,100
    SQFT
  • $574
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966

School Ratings & Info

Description

***PLEASE TAKE NOTE: SELLERS WILL ONLY ACCEPT CASH DEALS AND POSSIBLE OWNER FINANCING WITH LIMITED TERMS. FINANCED OFFERS WILL NOT BE CONSIDERED...ABSOLUTELY NO EXCEPTIONS*** 15 COMPLETELY REMODELED UNITS PLUS A 1BD 2BA WITH KITCHEN OWNERS APARTMENT. THE ADJACENT VACANT LOT GIVES A COMBINED 2.7 ACRES RIGHT ACROSS FROM THE BEACH. THE DEVELOPMENT POSSIBILITIES ARE ENDLESS!! ANNUAL GROSS INCOME IS $350,000-$360,000. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED AND THERE IS A 1300 SQ FT 1BD, 2BA OWNERS/MANAGERS LIVING QUARTERS WITH A FULL KITCHEN AND PANTRY PLUS A NICE BACK PATIO. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM SODA AND VENDING MACHINE/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT

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© 2023 Realtors Association of Franklin and Gulf Counties. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or St. George Island Realty. Data last updated: 2023-01-27T17:42:25.427.
www.sgirealty.com/homes/135970307
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8010 Hwy 98 W MEXICO BEACH, FL 32456

  • Price: $3,499,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 54 min ago
  • MLS #: 313107
16
Beds
17
Baths
0
½ Baths
2.73
Acres
6,100
SQFT
$574
$/SQFT
1966
Built
Neighborhood:
No Named Subdivision
Area:
Mexico/St. Joe Beach
Property Description
***PLEASE TAKE NOTE: SELLERS WILL ONLY ACCEPT CASH DEALS AND POSSIBLE OWNER FINANCING WITH LIMITED TERMS. FINANCED OFFERS WILL NOT BE CONSIDERED...ABSOLUTELY NO EXCEPTIONS*** 15 COMPLETELY REMODELED UNITS PLUS A 1BD 2BA WITH KITCHEN OWNERS APARTMENT. THE ADJACENT VACANT LOT GIVES A COMBINED 2.7 ACRES RIGHT ACROSS FROM THE BEACH. THE DEVELOPMENT POSSIBILITIES ARE ENDLESS!! ANNUAL GROSS INCOME IS $350,000-$360,000. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED AND THERE IS A 1300 SQ FT 1BD, 2BA OWNERS/MANAGERS LIVING QUARTERS WITH A FULL KITCHEN AND PANTRY PLUS A NICE BACK PATIO. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM SODA AND VENDING MACHINE/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT
Exterior Features

Construction BlockConcreteFrame Lot Dimensions 370X322 Project Facilities Cable TvLaundryPets Allowed Road Front Feet 370 Roof Shingle Water Access Beach CommunityGulf Access Water View Gulf

Interior Features

Ceiling Height 0 Cooling Central ElectricWindow/Wall Exclusions Owners Personal Belongings Floor LaminateTile Furnished Furnished Heating Hvac Inclusions All Furniture And Furnishings To Include Electronics Sqft Heated Cooled 6100 Sqft Office 1300 Sqft Work Area 6100

Property Features

Agent Owned No Association Fee No Building Property Name Forgotten Coast Inn Bus Property Established BusinessFreestanding BuildingRestrooms: PrivateRestrooms: Public Business Project Name Forgotten Coast Inn Construction Status Construction Complete Energy Double Paned Window(S)Insulated Window(S)Storm Window(S) Financing Terms CashOwner Will Carry Flood Insurance Required No Fractional Ownership No List Class Lots/LandMotel/Hotel Property Type Real Estate & Business Sale Subject To Lease No Sale Type Both Sewer Septic Tank Site Features Improved LotsRaw Acreage Special Listing Conditions As Is Trade Considered No Uses Hotel/Motel Utilities Electricity ConnectedInternet AvailableSewer AvailableWater Connected Water Public Water Front YN No Water View YN Yes Zoning Type BusinessCommercialMixed UseOffice/Professional

Listing information © 2023 Realtors Association of Franklin and Gulf Counties.
Listing provided courtesy of Reciprocal Office: 0.


© 2023 Realtors Association of Franklin and Gulf Counties. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or St. George Island Realty. Data last updated: 2023-01-27T17:42:25.427.
 
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St. George Island Realty
115 W Gulf Beach Drive
St. George Island FL, 32328