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: $895,000
Unit Price: $27,121.21 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: 10/6/2021

Overview / Comments

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 2.86 acres 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 2020 $6,146.
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. Professional photos and video tour coming soon! Perfect opportunity to invest in a Vintage Florida property!

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

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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

Contact

Photograph of Listing Agent

Sarah A Scott

Coldwell Banker Hartung TALrex.com Member
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