Tremendous opportunity to own a St. Augustine staple! The Florida Motel contains all the charm of a 60s roadside motel with the modern amenities expected of a stay in historic St. Augustine. This 9 unit motel is booked strictly thru AirBnb and has full time management in place, make this a truly turnkey investment opportunity. Recent upgrades include newly added bicycles, upgraded interiors and soon to be added exterior features. Property is on pace to gross over $220k for 2021.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.