$950,000
Pending · 7 days on market · MLS# MFRO6370452
| Living area | 6,741 sq ft |
|---|---|
| Lot size | 0.34 acres |
| Year built | 1950 |
| Property type | Hotel/Motel |
| Waterfront | Yes |
| Annual taxes | $3,243 |
| County | Volusia |
Under contract-accepting backup offers. Great investment opportunity with BR-1 zoning. Property was previously licensed for short-term rental / hotel / motel use and offers flexible redevelopment potential. Highest and best use may include rooming house, PadSplit, or hostel-style rental, subject to buyer verification and permitting. Property has been operated as a by-the-room rental, with utilities typically included. The existing layout previously supported a high room count, and the structure offers potential for reconfiguration and expansion of rentable rooms with redesign and approvals. Buyer to verify zoning, licensing, permitted use, occupancy limits, and redevelopment potential.
Listing courtesy of Anemone Bennett, LPT REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.