Hotel For Sale • 8,101 SF
| Sea Star Motel is a nostalgic old town feel boutique Motel on Gulf BLVD steps from IRB and Gulf of Mexico |
| 14 Units/ 3 Parcels/ 8,101 sqft/ 4 budlings including storage, laundry, parking, garages, and more |
| Value add opportunity - rebrand, renovate, relaunch, add in a pool in center of court yard, capitalize on below market nightly rates |
| *Sellers will consider Owner financing to qualified and experienced Hotel/Motel Investor-Operators who have a proven and verifiable track record |
| Multiples offers are expect as units are priced at $250K/unit while medium/avg Motel/Hotel comps per unit in are show $300k/unit+ Indian Rocks Beach |
| ***Neighboring parcel(s) are available to purchase at a premium with Motel parcels to achieve 12 or more new construction luxury townhomes/units *** |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 32 min | - | 14.5 mi |
| Tampa International | 45 min | - | 25.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 10 |
| Type: | Surface |
| Included in Rent: | Yes |