$9,400,000
Santa Rosa Beach, FL 32459
MLS# 940674
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Property Description
Property consists of 36 hotel rooms, an event building that is currently leased for $7500/month, and an additional vacant lot with an active development order for 39 additional hotel rooms. All rooms have been rented as non-smoking and not pet friendly. Parking areas and storm water retention have been completed for the existing buildings. All buildings and grounds are well maintained and are in great condition. Property is located less than a mile from public beach access at Topsail Hill State Preserve Park and less than 5-minutes to retail, entertainment, and restaurants. A two story office on site that is currently being used as a check in office for the hotel can be purchased separately. ** Seller may carry with substantial down payment. **
Details
Documents
None
Current Price: $9,400,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 30834950
List Date: 2024-01-23
List Price: $9,400,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 17 - 30A West
Street #: 6904
Street Name: County Rd 30A
State: FL
Zip Code: 32459
County: Walton
Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393
Parcel ID: 32-2s-20-33010-013-0010
Property Name: 30-A Inn & Suites
Legal Description: Topsail Village, Phase II of Walton County, Florida.
General Property Info
Listed on GCCMLS: Yes
Property Information: Wedding Venue is rented at $7500/ month for 3 years.
Acreage: 2.18
Zoning: VMU
Future Land Use: VMU
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Property consists of 36 hotel rooms, an event building that is currently leased for $7500/month, and an additional vacant lot with an active development order for 39 additional hotel rooms. All rooms have been rented as non-smoking and not pet friendly. Parking areas and storm water retention have been completed for the existing buildings. All buildings and grounds are well maintained and are in great condition.
Property is located less than a mile from public beach access at Topsail Hill State Preserve Park and less than 5-minutes to retail, entertainment, and restaurants. A two story office on site that is currently being used as a check in office for the hotel can be purchased separately.
** Seller may carry with substantial down payment. **
Office/Member Info
Cooperative Comp: 2
Cooperative Comp Type: %
Hotel/Motel
Building SqFt: 27680
# of Rooms: 36
# of Floors: 3
Land
Property Type: Commercial
Property Features
Class: Hotel/Motel; Land
Construction Status: Existing; Proposed
Survey Listing Office: Topsail Realty
Last Updated: April - 24 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
