Catylist ID:
#30765211
1954 Vintage Motel on 2.86 Acres: Located on busy U.S. HWY 19
Hospitality
for Sale
| Catylist Listing ID: | 30765211 |
| Property Subtypes: | Motel |
| Number of Units: | 33 Units |
| Building Size (RSF): | 11,166 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 2.86 Acres |
| Sale Price: | $1,755,000 |
| Unit Price: | $53,181.82 Per Unit |
| Ceiling: | 9 ft. |
| Property Use Type: | Investment |
| Building Name: | The Skylark Motel |
| Name of Establishment: | The Skylark Motel |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/4/2023 |
Overview / Comments
|
*Owners are now offering partial financing with 35% down upon closing.* 1954 Vintage Florida Motel located at the corner of Historic Highway 19 and Main Street intersection, in the City of Perry. Old Florida charm and a prime location with daily traffic count of 10,625 for HWY 19 directly in front of this 33 room Motel make this gem a savvy investment opportunity. Situated on 2.86acres and within walking distance to Downtown Perry, this centrally located Motel is 55 miles South of the Capital City of Tallahassee via Highway 19, a major connector between Central/ South West Florida and Northwest Florida, 166 miles to Tampa. The Highway 19 corridor is a high traffic route, chosen by Florida tourists and corporate travelers alike. With a total of 3 buildings, including an office, this hospitality property offers plenty of space for a successful business. Building one 4,715 SF, building two 4,723 SF and building three (located at the West end of the property) features 1,728 SF. Commercial zoning. Annual taxes for 2023 $8,621.26. NOI information will be provided to qualified buyers. Well qualified buyers may request an in-person tour. Perfect opportunity to invest in a Vintage Florida property! Rental Info: Daily $65 1 bed , $75 2 beds & $85- $95 (smoking and pet friendly room) Weekly $295 1 bed, $325 2 beds & $425 (smoking and pet friendly room) Bi-weekly $455 1 bed, $555 2 beds & $655 (smoking and pet friendly room) Monthly $695 1 bed, $795 2 beds & $895 to $995 (smoking and pet friendly room) $100 Deposit for weekly, bi-weekly and monthly required. Extra person $10 per day Extra pet $10 per day Transfer rooms- $40 fee Lost key $25 Check in: 3:00pm check out 11:00am Well qualified buyers may request an in person tour. Perfect opportunity to invest in a Vintage Florida property! |
Attachments & Media
Additional Details
| Nearest MSA: | Tallahassee |
| County: | Taylor |
| Submarket Type: | Central Business District |
| Taxing Authority: | Taylor County |
| Tax ID/APN: | 03141-000 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | Business, Traveler, Tourist |
| Property Located Between: | Tallahassee and Tampa |
| Property Visibility: | Good |
| Largest Nearby Street: | U.S. Highway 19 |
| Feet of Frontage: | 291 |
| Traffic/Vehicle Count: | 10,625 |
| Highway Access: | Property is located right on U.S. Highway 19 in Perry. |
| Airports: | Perry-Foley airport 3.9 miles, Tallahassee International airport 57 miles |
| Site Description: | Single story motel on 2.86 acres, 33 rooms, 3 separate buildings, including an office/lobby area. Total of 11,166 SF. |
| Area Description: | High traffic area! Busy corridor frequented by corporate/industry travelers and tourists. Motel is located at the corner of U.S. Highway 19 and Main Street, walking distance to Downtown Perry! Daily traffic count 10,625. Less than 1/2 mile from the busiest intersection in Taylor County- U.S. Highway 19 and Hampton Springs Avenue, with a daily traffic count of 11,227. |
| Nearby Attractions: | 23 miles to the beaches of Taylor County! Keaton Beach, Dekle Beach, Cedar Island, Dark Island, and Hagens Cove. And just 36 miles to the growing coastal community of Steinhatchee, famous for fishing, the Fiddler Crab Festival, and Scallop Season! |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Fair |
| Year Built: | 1954 |
| Roof Type: | Flat |
| Construction/Siding: | Concrete |
| Exterior Description: | Concrete and stucco. |
| Total Parking Spaces: | 35 |
| Parking Type: | Surface |
| Parking Description: | Paved parking located just outside of each room. |
| Laundry: | Shared |
| Internet Access: | Cable |
| Zoning Description: | Commercial |
| Lot Frontage: | 291 |
| Lot Depth: | 389 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | LEG 0002.86 ACRES HENDRY REALTY & ABSTRACT CO ADD COM NW COR OF LOT 6 BLK D TH N45DE 91.4 FT TO POB TH S45DW 91.4 FT TO NW COR LOT 6 TH S 115.5 FT E 130 FT TO W BDY LOT 5 TH S 115.5 FT TO N BDY MAIN ST TH E TO W BDY LOT 7 TH E 25 FT N 59.1 FT N67DE 232.68 FT N43DE 32.85 FT TO W BDY US 19 TH NW ALG HWY 259.7 FT TH SW 325 FT TO POB ALSO DESC AS LOTS 2 3 4 OF BLK C BAY ST W OF HWY & PT OF BLK D INCLUDING ALLEY OR 588-72 31 ROOMS |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,103 | 9,441 | 11,960 |
| Median Age: | 37.12 | 40.72 | 40.23 |
| Households: | 779 | 3,717 | 4,726 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Moody's assume any liability for errors or omissions. |
