3200 S ORLANDO DRIVE SANFORD FL 32773 MLS #O6265692

3200 S ORLANDO DRIVE
SANFORD, FL, 32773
$10,750,000
Beds
0 Baths
40,414 SqFt
3.66 Acres
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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
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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

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Community

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