69 W Bay StreetEnglewood, FL 34223Sale Price: $1,220,000

Great opportunity to purchase an established MOTEL sitting on a 150x200 ft lot with a total of 13 Units with onsite office in excellent desirable location between Indian Mound Park and Bay Heights Park with public boat ramps and close to Historic Dearborn Street. There are 6 Efficiencies, 3 One bedrooms and 4 Two Bedroom Apartments - all fully furnished and equipped. All Units/Rooms tastefully remodeled and decorated. They are all very clean. Onsite Office is located in freestanding Building#1 and so is a One Bedroom Unit, which would make it the perfect living quarters for an onsite Manager. There is room for a pool or additional Units on a piece of land included with the Motel. Two separate Laundry Rooms; one for housekeeping the other set up as coin laundry for guest make turn arounds easy. The Motel has an established clientele, many customers return here year after year. It has an excellent income stream with bookings in the amount of $65,000 already in place for season 2021 . Financial Information available to qualified buyers. In 2015 all 4 buildings were updated and heavily improved with new roof, hurricane impact windows & sliders, various new ACs, electric work, landscaping, patios, pergolas & pavers, kitchen & bathroom remodel, new furnishings - see attached list for details.