Hotel-Motel
Sea Jay Motel
11240 1st St E, Treasure Island, FL 33706
Listing Price: $4,950,000
Investment Overview
The Sea Jay Motel, prominently located at 11240 1st St, Treasure Island, Florida, is a prime investment opportunity that blends the timeless allure of Art Deco design with the vibrant lifestyle of Florida’s Gulf Coast. Situated just one and a half blocks from a picturesque beach and a marina with docking facilities, the motel is an ideal haven for guests seeking to immerse themselves in the coastal charm and myriad activities the area has to offer. With a strong 10.5% capitalization rate based on pro forma income, this investment stands out for those seeking substantial returns in the hospitality and real estate sectors within the dynamic Florida economy.
Sea Jay Motel
Investment Highlights
- Prime Location: The Sea Jay Motel enjoys an enviable location, nestled close to Treasure Island's pristine beach and bustling marina, making it an irresistible destination for guests.
- Mid-Century Modern Charm: Each of the 19 meticulously renovated rooms at the Sea Jay Motel exudes the timeless allure of mid-century modern aesthetics, blending nostalgia with contemporary comfort.
- Exceptional Amenities: Renovated Outdoor Swimming Pool: Serving as a focal point for guest relaxation and social gatherings.
- Private Parking, Garden, and Terrace: Elevating the convenience and pleasure of guests, the Sea Jay Motel offers private parking facilities, lush garden spaces, and a charming terrace complete with BBQ amenities.
- Comprehensive Room Features: From state-of-the-art flat-screen TVs to well-appointed private bathrooms, coffee machines, fully equipped kitchens, and more, each room at the Sea Jay Motel is thoughtfully furnished to ensure a comfortable and satisfying stay for every guest.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,950,000
Investment Highlights
- Prime Location: The Sea Jay Motel enjoys an enviable location, nestled close to Treasure Island's pristine beach and bustling marina, making it an irresistible destination for guests.
- Mid-Century Modern Charm: Each of the 19 meticulously renovated rooms at the Sea Jay Motel exudes the timeless allure of mid-century modern aesthetics, blending nostalgia with contemporary comfort.
- Exceptional Amenities: Renovated Outdoor Swimming Pool: Serving as a focal point for guest relaxation and social gatherings.
- Private Parking, Garden, and Terrace: Elevating the convenience and pleasure of guests, the Sea Jay Motel offers private parking facilities, lush garden spaces, and a charming terrace complete with BBQ amenities.
- Comprehensive Room Features: From state-of-the-art flat-screen TVs to well-appointed private bathrooms, coffee machines, fully equipped kitchens, and more, each room at the Sea Jay Motel is thoughtfully furnished to ensure a comfortable and satisfying stay for every guest.
Investment Overview
The Sea Jay Motel, prominently located at 11240 1st St, Treasure Island, Florida, is a prime investment opportunity that blends the timeless allure of Art Deco design with the vibrant lifestyle of Florida’s Gulf Coast. Situated just one and a half blocks from a picturesque beach and a marina with docking facilities, the motel is an ideal haven for guests seeking to immerse themselves in the coastal charm and myriad activities the area has to offer. With a strong 10.5% capitalization rate based on pro forma income, this investment stands out for those seeking substantial returns in the hospitality and real estate sectors within the dynamic Florida economy.
Exclusively Listed By
Broker of Record
Financing By
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