Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
11,496
>>>> PRICE REDUCED!!! Owner wants offers and is motivated!!! <<<< The property is situated in a PRIME LOCATION, making it attractive for various business opportunities due to its accessibility and visibility. Located directly on E Irlo Bronson Memorial Highway and less than a 1/2 mile from the Florida Turnpike, the subject property is readily accessible to various local, county, state and interstate highways. Highway 17-92, highway 441, Florida Turnpike, Interstate 4 all pass within several miles of the site and serve as major communication and intra-regional transport routes linking Orlando, Kissimmee, St. Cloud, Melbourne, Tampa and Miami. This area continues to be developed and redeveloped, and the possibilities are promising. Currently there are 8 separate structures that include a single-story motel, several stand-alone apartments and mobile homes. The income is good, with the hotel/motel and additional rental units, and has a great upside potential, but the real value in this property is in the land. The income producing part of this property lies on the front 1 acre while the 1+ acre in the rear remains vacant just waiting to be developed. With a mix of residential and commercial opportunities, it is a versatile area for living, investment or redevelopment. This property presents a significant investment opportunity in a growing area of Kissimmee, Florida.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
2.02
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$4,000,000
-
Tax Amount
17530.55
-
Sq. Footage
11, 496
-
Price/SqFt
$347
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Ownership
Corporation
-
Sewer
Septic Tank
-
Tax Lot
2
-
Water Source
None
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Location
County
Osceola
Elementary School
Middle School
High School
Listing Courtesy of Jeff Koch , RE/MAX DOWNTOWN
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