$4,000,000
Marco Island, FL 34145
MLS# 2230831
Status: Closed
10289 sqft
1 / 54
Property Description
The Marco Island Lakeside Inn. Opportunity is knocking and you have 24 doors to answer. Hyper rare offering of 2 hotel buildings and 3 adjoining duplex homes, combined there are 24 units. The main building features 2-two bedroom/1 bath units and 8-1 bedroom/1 bath units. These 10 units were just totally remodeled and beautifully furnished. They have full kitchens and spectacular views of Marco Lake. The second adjacent hotel building features 7 studio/efficiency units and 1-2 bedroom/1 bath unit. The 3 duplex homes have 6 total 2-bedroom/1 bath units. The 8-unit hotel building and the 3 duplexes all suffered water intrusion from Hurricane Ian. All of those units have been gutted out to a degree, and all new A/C units have been installed. There are some new refrigerators, stoves, and microwaves being stored in the main building that are included in the sale. The main building used to be the home of Busghetti's Restaurant and that part of the building has been gutted. You could either put in a new restaurant or add a minimum of 2 additional hotel rooms. There are laundry facilities on site and a front desk. There are 61 parking spots for all of the units. A new metal roof was installed on the hotel buildings in 2017. One duplex had a new metal roof in 2018 and the other 2 duplexes had new asphalt roofs in 2018. There is a pool on the property along with a ''beach'' sitting, grilling, and recreation area. There are multiple possibilities for this property and some lucky buyer will be able to explore them all. All 5 buildings are to be sold together, Seller will not parcel out the listing and sell properties individually.
Details
Maps
Listing Information
Island Location: Highlands
Community: Marco Island
Subarea Type: Inland
Property SubType: Business
Listing Contract Date: 2023-04-14
Sold Price: $4,000,000
Current Price: $4,000,000
Location, Tax, and Legal
Parcel Number: 5PIN#COMTEMP
Tax Annual Amount: 14227
Tax Year: 2022
General Property Information
Trans. Type: Sale
Use Code: 39
# Offices: 4
Lot Size Dimensions: 260x170x225x260
Common Area Maint Amount: 0
Year Built: 1968
Total Area-SqFt: 10289
Remarks
Public Remarks: The Marco Island Lakeside Inn. Opportunity is knocking and you have 24 doors to answer. Hyper rare offering of 2 hotel buildings and 3 adjoining duplex homes, combined there are 24 units. The main building features 2-two bedroom/1 bath units and 8-1 bedroom/1 bath units. These 10 units were just totally remodeled and beautifully furnished. They have full kitchens and spectacular views of Marco Lake. The second adjacent hotel building features 7 studio/efficiency units and 1-2 bedroom/1 bath unit. The 3 duplex homes have 6 total 2-bedroom/1 bath units. The 8-unit hotel building and the 3 duplexes all suffered water intrusion from Hurricane Ian. All of those units have been gutted out to a degree, and all new A/C units have been installed. There are some new refrigerators, stoves, and microwaves being stored in the main building that are included in the sale. The main building used to be the home of Busghetti's Restaurant and that part of the building has been gutted. You could either put in a new restaurant or add a minimum of 2 additional hotel rooms. There are laundry facilities on site and a front desk. There are 61 parking spots for all of the units. A new metal roof was installed on the hotel buildings in 2017. One duplex had a new metal roof in 2018 and the other 2 duplexes had new asphalt roofs in 2018. There is a pool on the property along with a ''beach'' sitting, grilling, and recreation area. There are multiple possibilities for this property and some lucky buyer will be able to explore them all. All 5 buildings are to be sold together, Seller will not parcel out the listing and sell properties individually.
General Information Details
Eave Ceiling Height: 9
Max Ceiling Height: 9
Buyer Financing
Commercial: 1
Business Type
Hotel/Motel: 1
Construction Materials
Concrete: 1
Cooling
Wall Unit(s): 1
Listing Terms
At Close: 1
Buyer Obtain: 1
Cash: 1
Heating
Wall Unit: 1
Common Area Maintenance
See Remarks: 1
Floor
Laminate: 1
Electric
See Remarks: 1
Existing Lease Type
NNN: 1
Lot Features
Anchor Center: 1
Corner Lot: 1
See Remarks: 1
Parking Features
Accessible Parking: 1
Parking Total: 61
Roof
Metal: 1
Sewer
Sewer Central: 1
Sale Includes
Building & Land: 1
Business: 1
Water Source
Public: 1
Tenant Pays
See Remarks: 1
Waterfront Features
Lake: 1
See Remarks: 1
Location Tax and Legal
Street Number: 151
Street Name: 1ST
Street Suffix: AVENUE
County: Collier
State: FL
Postal Code: 34145
Subdivision Name: Marco Highlands
Status Change Info
Status: Closed
Pending Date: 2023-04-19
Close Date: 2023-07-19
Close Price: 4000000
Property Features
Business Type: Hotel/Motel
Buyer Financing: Commercial
Common Area Maintenance: See Remarks
Construction Materials: Concrete
Cooling: Wall Unit(s)
Heating: Wall Unit
Electric: See Remarks
Existing Lease Type: NNN
Floor: Laminate
Listing Terms: At Close; Buyer Obtain; Cash
Lot Features: Anchor Center; Corner Lot; See Remarks
Parking Features: Accessible Parking
Roof: Metal
Sale Includes: Building & Land; Business
Tenant Pays: See Remarks
Sewer: Sewer Central
Water Source: Public
Waterfront Features: Lake; See Remarks
IDX
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Last Updated: September - 08 - 2024
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