This wonderful lake-front independent motel with a dock is one of the few nice lodging properties located near the Orlando Sanford International Airport. With the inevitable future growth of Greater Orlando, it is well positioned to accommodate the explosive expansion of the future use of an alternative airport in Central Florida along the I-4 corridor from Orlando to Daytona Beach. It is a precious opportunity to own a major hospitality asset right before that high growth begins. The owner has owned and taken great care of the property for over 30 years, having raised their family in this unbelievable water-front paradise. All rooms, building structures and swimming pool are in good shape. Although the business has been quite profitable there are still many untapped future growth potential. The restaurant, commercial grade kitchen and the conference room have not been operating for a long time and there exists a great opportunity for the new owner to start a restaurant or lease it to a restaurant operator as well as to use the conference room and the huge lake-front open space for many events. This will not only increase direct revenue but also create synergy for many more lodging customers. Ideas are unlimited for a new owner with savvy marketing skills to double or triple the revenue for the property. There is an opportunity to sign on a flag to get plenty of incentives from a major franchise company for the new owner.
Property Details
Price:
$10,750,000
MLS #:
O6265692
Status:
Active
Beds:
0
Baths:
0
Address:
3200 S ORLANDO DRIVE
Type:
Commercial
Subtype:
Hotel/Motel
Neighborhood:
32773 – Sanford
City:
SANFORD
Listed Date:
Dec 18, 2024
State:
FL
Finished Sq Ft:
40,414
Total Sq Ft:
40,414
ZIP:
32773
Lot Size:
159,270 sqft / 3.66 acres (approx)
Year Built:
1973
Schools
Interior
Cooling
Other
Exterior
Community Features
Airport/ Runway, Expressway
Construction Materials
Concrete
Other Structures
Garage(s), Outbuilding
Financial
Tax Year
2023
Taxes
$37,676
Map
Community
- Address3200 S ORLANDO DRIVE SANFORD FL
- CitySANFORD
- CountySeminole
- Zip Code32773
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Courtesy of INVESTORSALLY, LLC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
3200 S ORLANDO DRIVE
SANFORD, FL
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