2003 14th Avenue WBradenton, FL 34205MLS Number U8206269

  • Price: $1,800,000
  • 87 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
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2003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 342052003 14th Avenue W Bradenton FL 34205
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  • 6,106Square Feet
  • 0.55Acreage
  • 1946Year Built
  • ActiveMls Status
This is an amazing and rare business opportunity. Proven money maker with the same owner since 1996 (27 years). The Florida Bound Motel is a 19 unit motel. There are 18 rentable units treated as an extended stay multifamily property and 1 onsite manager's apartment. There is an attached family take-out restaurant which has outdoor seating. The restaurant is rented out to the same established restaurant owner for the last 6 years. The zoning is C-3. The current owner maintains a Motel License, Restaurant License and Merchandising License. This owner operator has a smooth profitable operation that is turnkey. Many guests stay long term. New owners can transition easily as an owner-operator or hire an onsite manager or couple to take care of the day to day business. Property has high occupancy and usually maintains a waiting list. Guests tend to stay longer than planned due to all the conveniences (clean property, centrally located to nearby restaurants, supermarkets, bus routes and the downtown area.) New owner can take over this business with little effort at same levels or supercharge the profits by operating a nightly guest stay operation (current comps in that area is $500 a week per unit). Seller financing terms are available for a qualified buyer.
Listed by Terry Hatfield of HOTELMAX REALTY INC. (813-949-0901)

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Taylormade Properties, Inc.

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Taylormade Properties, Inc.
Office: 813-855-5858
9658 W. Linebaugh Ave.
Tampa, FL 33626

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Location Information

  • Road Frontage["Business District", "Divided Highway", "Highway"]

Basic Information

  • Property SubTypeHotel/Motel

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Numof Hotel Motel Rms 18
  • RoofOther
  • Units18
  • Window Features Window Treatments
  • Year Built1946

Property Information

  • Acreage0.55
  • Construction Materials Block
  • Lot Description
    • Central Business District
    • City Limits
    • Curb and Gutters
    • Near Public Transit
    • Paved
    • Sidewalk
    • Street Lights
  • Lot Size Square Feet 23,967
  • MFR Adjoining Property Commercial
  • MFR Total Acreage 1/2 to less than 1
  • Square Feet6,106

Basic Information

  • List Price$1,800,000
  • MLS NumberU8206269
  • Mls Status Active
  • StatusACT

Location

  • Address2003 14th Avenue W
  • AreaBradenton
  • Building Number2003
  • CountyManatee
  • StateFL
  • Street14th
  • SubdivisionEdgewood
  • TownBradenton
  • Township 34
  • Zip34205

Amenities

  • Accessibility Amenities["Accessible Approach with Ramp", "Accessible Bedroom", "Accessible Central Living Area", "Accessible Entrance", "Accessible Full Bath"]
  • Community Features Activity Core/Center, Curbs

Other

  • Date Listed07/07/2023
  • MFR Flood Zone Code AE
  • Security Features Key Card Entry, Security Lights, Smoke Detector(s)
  • Vegetation Mature Landscaping
  • View Count1

Tax Information

  • Tax Year 2022
  • Taxes$5,434

Parking

  • Parking Features Parking Spaces - 6 to 12, Ground Level

Property

  • Living Area 4885
  • ZoningC3

Interior

  • Flooring Ceramic Tile

Utilities

  • Cooling Wall/Window Unit(s)
  • Heating Other
  • Sewer Public Sewer
  • Utilities BB/HS Internet Capable, Electricity Available, Public, Water Connected

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 44714-0000-4
  • Tax Legal Description LOTS 7, 14 EDGEWOOD PI#44714.0000/4

Based on information submitted to StellarMLS as of October 1, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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