Hotel-Motel

Shoreline Motel

14231 Gulf Blvd, Madeira Beach, FL 33708

Listing Price: $1,700,000

Cap Rate
10.50%
Number of Rooms
10
Gross SF
6,032
Price/Room
$170,000
Price/Gross SF
$281.83
Year Built
1969

Investment Overview

Marcus and Millichap is pleased to present the Shoreline Motel. This 10-room, exterior-corridor motel has a lot size of 0.3 acres and is conveniently located by Gulf Blvd in Madeira Beach, FL. Directly across the street from miles of magnificent white sand beaches, this property’s location creates a high interest for tourists around the globe. Beaches at the Gulf are one of the most sought-after for anybody looking to immerse themselves into the tropical and relaxing atmosphere of an idyllic island setting.

Investment Highlights

  • Part of the historic Shoreline Island Resort in Madeira Beach, FL
  • Great opportunity for conversion to Multi-Family or Short-Term Vacational Rental
  • Bedrooms separated from Living Room (Apartment Style). Units range from 560 SF to 790 SF

Exclusively Listed By

Listing Price: $1,700,000

Cap Rate
10.50%
Number of Rooms
10
Gross SF
6,032
Price/Room
$170,000
Price/Gross SF
$281.83
Year Built
1969

Investment Highlights

  • Part of the historic Shoreline Island Resort in Madeira Beach, FL
  • Great opportunity for conversion to Multi-Family or Short-Term Vacational Rental
  • Bedrooms separated from Living Room (Apartment Style). Units range from 560 SF to 790 SF

Investment Overview

Marcus and Millichap is pleased to present the Shoreline Motel. This 10-room, exterior-corridor motel has a lot size of 0.3 acres and is conveniently located by Gulf Blvd in Madeira Beach, FL. Directly across the street from miles of magnificent white sand beaches, this property’s location creates a high interest for tourists around the globe. Beaches at the Gulf are one of the most sought-after for anybody looking to immerse themselves into the tropical and relaxing atmosphere of an idyllic island setting.

Exclusively Listed By

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