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3200 S ORLANDO DRIVE

Commercial For Sale
$10,750,000

BTC: 105.91341701

ETH: 3,162.35997364

2 days
Waterfront
0 room(s)
15,956 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This wonderful lake-front independent motel with a dock is one of the few nice lodging properties located near the Orlando Sanford International Airport. With the inevitable future growth of Greater Orlando, it is well positioned to accommodate the explosive expansion of the future use of an alternative airport in Central Florida along the I-4 corridor from Orlando to Daytona Beach. It is a precious opportunity to own a major hospitality asset right before that high growth begins. The owner has owned and taken great care of the property for over 30 years, having raised their family in this unbelievable water-front paradise. All rooms, building structures and swimming pool are in good shape. Although the business has been quite profitable there are still many untapped future growth potential. The restaurant, commercial grade kitchen and the conference room have not been operating for a long time and there exists a great opportunity for the new owner to start a restaurant or lease it to a restaurant operator as well as to use the conference room and the huge lake-front open space for many events. This will not only increase direct revenue but also create synergy for many more lodging customers. Ideas are unlimited for a new owner with savvy marketing skills to double or triple the revenue for the property. There is an opportunity to sign on a flag to get plenty of incentives from a major franchise company for the new owner.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1973
Lot:
3.66 Acres
Heating:
No Data
Price/sqft:
$674
Cooling:
Other
HOA:
No Data
All facts and features
  • Cooling

    • Other

  • Property

    • Levels: Two

    Lot

    • Lot: 3.66 Acres

    Other Property Information

    • Parcel Number: 11203030000600000

    • Zoning: GC2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $37,676

  • Source details

    • MLS ID: O6265692

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Direction Faces: East

    • Other Structures: Garage(s) / Outbuilding

    • Waterfront: Yes

    • Living Area: 15956

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INVESTORSALLY, LLC.