Pending

808 N BAY BLVD

ANNA MARIA FL, 34216

$4,800,000


$1,027.18 per sqft

Pending

4,673 sqft

Commercial

Built in 1949

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.

A4628652

MLS ID

November 11, 2024

Listed

November 27, 2024

Updated

Map

808 N BAY BLVD
ANNA MARIA FL, 34216

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.52 Acres

Other Property Details

Area Name

34216 - Anna Maria


Taxes

$31,791


Tax Frequency

Annually


Days on Market

10


Association Fee Frequency

Monthly


Garage

No


View

No


County

Manatee


Municipality

34S


Pool

No


Zoning

R1

Listing History

Date

Event

Price

11/27/2024

Pending

Listed by MARCUS & COMPANY REALTY
Listing Contact: 941-932-8550 

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Data last updated 11/27/2024, 1:48 AM UTC

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