Pending
808 N BAY BLVD
ANNA MARIA FL, 34216
$4,800,000
$1,027.18 per sqft
Pending
4,673 sqft
Commercial
Built in 1949
Under contract-accepting backup offers. Here is your chance to own a piece of history at this prime Anna Maria Island Location. Since suffering damage, this motel has undergone remediation from the flooding of Hurrican Helen with a 5-foot drywall removal and is being sold As-Is. Consider this a blank slate to bring this successful motel back to life or use this location as an opportunity to develop a new boutique motel or possibly multiple single family vacation rental homes. This 9-unit motel is ideally located on the coveted north end of Anna Maria Island, offering a rare investment opportunity in one of Florida's most sought-after destinations. Currently consisting of 5 congruent lots this plot of land has many possibilities. Boasting consistent tourist traffic year-round, the property enjoys strong occupancy rates thanks to its prime location and appealing amenities. In recent years this motel has grossed up to 700K in a 12-month period! This property offers exceptional potential for savvy investors or developers seeking to capitalize on Anna Maria Island's popularity. With its prime location and flexibility for future use, this motel represents a fantastic opportunity to create a unique business or residential venture in one of Florida's most desirable areas.
A4628652
MLSⓇ ID
November 11, 2024
Listed
November 27, 2024
Updated
Map
808 N BAY BLVD
ANNA MARIA FL, 34216
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.52 Acres
Other Property Details
Area Name
34216 - Anna Maria
Taxes
$31,791
Tax Frequency
Annually
Days on Market
10
Association Fee Frequency
Monthly
Garage
No
View
No
County
Manatee
Municipality
34S
Pool
No
Zoning
R1
Listing History
Date | Event | Price |
---|---|---|
11/27/2024 | Pending | — |
Listed by MARCUS & COMPANY REALTY
Listing Contact: 941-932-8550
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Data last updated 11/27/2024, 1:48 AM UTC