$10,750,000
( $266.00Per Sq Foot )
 $61,037 est/mo Sourced by Back At You

3200 S Orlando Dr , SANFORD, FL 32773

SANFORD, FL 32773

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Description

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.

Details

MLS#O6265692
Listing TypeFor Sale
StyleHospitality
Sub-TypeFor-sale
StatusActive
Year1973
Days On Site30
Listing Provided ByINVESTORSALLY, LLC. | Ralph Liu

Features

SQ Feet15,956
Story(s)2
ZoningGC2
Acreage3.66
Water FrontYes

Market Activity 32773

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of January 17, 2025 at 6:14:51 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 1 minute ago
StateFL
CountySeminole
CitySANFORD
Zip Code32773
Area32773 Sanford
Listing VS Median (in 32773)
Price:
$10,750,000
low | high
Med:
$317,000
100% of Average
SqFt:
15,956
low | high
Med:
1,147
100% of Average
$ / SqFt:
$674
low | high
Med:
$277
100% of Average
On Site:
30
low | high
Med:
113.000000
26.548672566372% of Average
Sourced by Back At You
Listing Updated: December 20, 2024 at 7:32:05 PM PST