$10,000,000
Palm Coast, FL 32137
MLS# 1104450
Status: Closed
60748 sqft
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Property Description
On offer is a 119 bedroom hotel with easy access to I-95 in Palm Coast, Florida. Built in 2010, this hotel is 4 stories tall with solid concrete block construction and concrete demising walls for added privacy and quietude. The hotel has a metal roof constructed to current hurricane standards. The property is nestled in the bend of a tranquil lake and has a private in-ground, heated swimming pool, fitness center, and a 640 sq. Ft. meeting room accommodating 49 people. A separate breakfast room offers free daybreak breakfast. Of the 119 rooms, 74 are double queens, 30 rooms are king rooms and 15 are king suites. There are both in-house laundry facilities as well as a guest laundry on the second floor. All rooms are equipped with coffee makers, hair dryers, microwaves. refrigerators, flat
Details
Contract Information
Listing Date: 2023-01-09
Sold Price: $8,000,000
Current Price: $8,000,000
List Price/SqFt: 164.61
List Price/Acre: 2267573.7
As Is Cond: Yes
Sellers Preferred Escrow Agent: Realty Pro Title
Location, Tax & Legal
Area: 60 - Palm Coast
Street #: 120
Compass: N
Street Name: Garden
Street Suffix: Street
County: Flagler
State/Province: FL
Zip Code: 32137
Year Built: 2010
Commercial Style: Comm-Land & Bldg Incl
Tax ID: 13-11-30-3020-00000-0060
Homestead Exempt: No
Directions: From I-95, take exit 289, west on Palm Coast Pkwy. Right onto Boulder Rock Pkwy. Right on Plaza Drive. Left to Hotel.
General Property Description
# Parking: 120
SqFt - Total: 192100
Living Area: 60748
SqFt Source: Property Appraiser
A/V Surveillance: Yes
Acreage: 4.41
Zoning: Other
Special Contingency: No
Highway Access: Just off I-95
Road Type: Paved
Current Use: Hotel
Current # Tenant: 1
Franchise Opt In: Yes
Status Change Info
Status: Closed
Under Contract Date: 2023-03-07
Sold/Leased Date: 2023-06-15
Sold/Leased Price: 8000000
Sold Price/SqFt: 131.69
Sold Price/Acre: 1814058.96
Property Features
Business Type: Hotel/Motel; See Remarks
Bldg Type/Location: Free Standing; Hotel/Motel; See Remarks
Access/Transport: See Remarks
Construction: Concrete Block; Stucco; See Remarks
Air Conditioning: Central; Zoned
Heating: Central; Electric; Zoned
Sewer: Public Sewer
Interior Improvement: Accessibility; Ground Level Door; Kitchen Facility; Passenger Elevator; Public Restrooms; Security System; Sprinkler System; See Remarks
Site Improvements: Curb/Sidewalks; Infrastructure In; Waterview
Possible Use: Motel/Hotel
Roof: Metal; See Remarks
Ceiling Height: Varied Height
Parking: Lighted; Lot; Paved
Included in Sale: Building; Fixtures; Furniture; Good Will; Inventory; Land; License; Signs - Owned
Special Conditions: None
Supplements
screen cable tv's and free wi-fi access. Pets welcomed. Ideally situated in close proximity to Jacksonville, Daytona Beach and historic St. Augustine. This hotel is just minutes from several local restaurants, services and shopping centers. Beach access and Flagler Pier are just 10 minutes away. Also included is an adjacent parcel of buildable land. All showing requests must be requested via listing agent. Please do not show up at the hotel without a confirmed appointment.
Listing Office: Realty Pros Assured
Last Updated: May - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.