Homes for sale - 808 N BAY BLVD, Anna Maria, FL 34216

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Ani Palaus

anni@palausproperties.com +1(813) 444-3087

$ 4,700,000

Est. payment | -/mo

4,673 SqFt

Save Virtual Tour

$ 4,700,000

Est. payment | -/mo

Save Virtual Tour

4,673 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,673 sqft

Price per Sqft $1,005

Subdivision Wells

MLS Listing ID A4628652

HOA Y/N No

Originating Board Stellar MLS

Year Built 1949

Annual Tax Amount $31,791

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 192x100

Property Sub-Type Hotel/Motel

Property Description

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.

Location

State FL

County Manatee

Community Wells

Zoning R1

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.annamariamotel.com/

Listed by MARCUS & COMPANY REALTY

Ani Palaus
Agent License ID: SL3527257

I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.

+1(813) 444-3087

anni@palausproperties.com

St Pete Beach, FL, 33706, USA

808 N BAY BLVD Anna Maria, FL 34216