808 North Bay Boulevard, ANNA MARIA, FL

$4,800,000

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4,673

Square feet

0.52

Acres

About 808 North Bay Boulevard

Under contract-accepting backup offers. Here is your chance to own a piece of history at this prime Anna Maria Island Location. Since suffering damage, this motel has undergone remediation from the flooding of Hurrican Helen with a 5-foot drywall removal and is being sold As-Is. Consider this a blank slate to bring this successful motel back to life or use this location as an opportunity to develop a new boutique motel or possibly multiple single family vacation rental homes. This 9-unit motel is ideally located on the coveted north end of Anna Maria Island, offering a rare investment opportunity in one of Florida's most sought-after destinations. Currently consisting of 5 congruent lots this plot of land has many possibilities. Boasting consistent tourist traffic year-round, the property enjoys strong occupancy rates thanks to its prime location and appealing amenities. In recent years this motel has grossed up to 700K in a 12-month period! This property offers exceptional potential for savvy investors or developers seeking to capitalize on Anna Maria Island's popularity. With its prime location and flexibility for future use, this motel represents a fantastic opportunity to create a unique business or residential venture in one of Florida’s most desirable areas.

Features of 808 North Bay Boulevard

MLS® # A4628652
Price $4,800,000
Bathrooms 0.00
Square Footage 4,673
Acres 0.52
Year Built 1949
Type Commercial Sale
Sub-Type Hotel/Motel
Status Pending
Property Taxes 31,791.00
Total Annual Fees 0.00

Community Information

Address 808 North Bay Boulevard
Area Anna Maria
Subdivision WELLS
City ANNA MARIA
County Manatee
State FL
Zip Code 34216

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No

Exterior

Foundation Slab

Additional Information

Date Listed November 11th, 2024
Days on Market 24
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMARCUS & COMPANY REALTY

Listing Map

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