$1,900,000
$2,300,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
11381 Tamiami TRL E Naples, FL 34113
0.59 Acres Lot
Key Details
Sold Price $1,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222059866
Sold Date 08/07/24
Style Resale Property
HOA Y/N No
Year Built 1961
Annual Tax Amount $6,010
Tax Year 2021
Lot Size 0.590 Acres
Acres 0.59
Source Naples
Property Description
Exclusively offered for investors with a passion for vacation rentals, seize the perfect opportunity at the East Trail Motel. This cherished family-owned and operated establishment has thrived for over two decades, showcasing the owners' unwavering commitment and attention to detail. Now, as the owner enters a well-deserved retirement, you can step into this lucrative venture. Situated a mere 6 miles from the vibrant heart of Naples, Florida's renowned 5th Avenue, the motel's prime location promises endless potential. As the area experiences a surge in new developments, you can tap into the tremendous opportunities that lie ahead. Discover a collection of single-story buildings housing 9 motel efficiency units, ensuring streamlined operations and maximum guest satisfaction. Furthermore, a two-story building awaits, boasting a spacious 1600+ sq ft apartment on the second floor, while the first floor encompasses an office, a laundry room, 2 studio units with kitchens, and an additional 2 efficiency units. In total, this exceptional property offers a remarkable 14 units, ready to welcome guests and generate substantial returns. Don't let this extraordinary investment slip away—act now
Location
State FL
County Collier
Interior
Cooling true
Fireplace No
Exterior
Utilities Available Phone Connected, Sewer Connected, Water Connected
Waterfront Description None
Total Parking Spaces 20
Garage No
Building
Story 2
Level or Stories 2
New Construction No
Others
Senior Community No
Tax ID 62250560008
Read Less
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Bought with Metropolitan Naples Realty LLC