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  • MLS#: O6265692 ( Commercial Sale )
  • Street Address: 3200 Orlando Drive
  • Viewed: 98
  • Price: $10,750,000
  • Price sqft: $266
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake
  • Year Built: 1973
  • Bldg sqft: 40414
  • Days On Market: 167
  • Additional Information
  • Geolocation: 28.7668 / -81.2834
  • County: SEMINOLE
  • City: SANFORD
  • Zipcode: 32773
  • Provided by: INVESTORSALLY, LLC.
  • Contact: Ralph Liu
  • 888-388-5432
  • mfrmls
  • DMCA Notice
  • 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.
Features
Waterfront Description
  1. Lake
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Other
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. SEC 11 TWP 20S RGE 30E BEG 1511.51 FT S + 484.07 FT W OF NE COR OF SEC RUN N 64 1/2 DEG W 530.9 FT S 25 1/2 DEG W 300 FT S 64 1/2 DEG E 530.9 FT N 25 1/2 DEG E 300 FT TO BEG
Levels
  1. Two
Living Area
  1. 15956.00
Area Major
  1. 32773 - Sanford
Net Operating Income
  1. 0.00
Occupant Type
  1. Owner
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Garage(s)
  2. Outbuilding
Parcel Number
  1. 11-20-30-300-0060-0000
Possession
  1. Close of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Business District
Tax Year
  1. 2023
Township
  1. 20
Views
  1. 98
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6265692
Year Built
  1. 1973
Zoning Code
  1. GC2