SIGN IN SAVED 0

Marco Island Commercial Real Estate

Naples Florida Real Estate

Sold
$4,200,000
Sold Price:
$4,000,000
Sold Date:
07/19/2023

MLS# 223026449

151 1st Ave, Marco Island, FL 34145

Business w/Property

Sale

Built 1968

The Marco Island Lakeside Inn. Opportunity is knocking and you have 24 doors to answer. Hyper rare offering of 2 hotel buildings and 3 adjoining duplex homes, combined there are 24 units. The main building features 2-two bedroom/1 bath units and 8-1 bedroom/1 bath units. These 10 units were just totally remodeled and beautifully furnished. They have full kitchens and spectacular views of Marco Lake. The second adjacent hotel building features 7 studio/efficiency units and 1-2 bedroom/1 bath unit. The 3 duplex homes have 6 total 2-bedroom/1 bath units. The 8-unit hotel building and the 3 duplexes all suffered water intrusion from Hurricane Ian. All of those units have been gutted out to a degree, and all new A/C units have been installed. There are some new refrigerators, stoves, and microwaves being stored in the main building that are included in the sale. The main building used to be the home of Busghetti's Restaurant and that part of the building has been gutted. You could either put in a new restaurant or add a minimum of 2 additional hotel rooms.

PROPERTY DETAILS:

Comercial Property Type: Hospitality
Waterfront Desc: Lake
Total Floors: 2
On Site Since: 04/14/2023
Sold Price: $4,000,000
Taxes: $14,228
Tax Year: 2022

THIS PROPERTY IS COURTESY OF:

BHHS Florida Realty

IMAGES:

LOCATION:



Contact Us Looking to Sell Your Property? Contact our Area Specialist to get a free Comparative Market Analysis and maximize your property's exposure to thousand of potential buyers!

AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Amerivest Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio: Oleg is a specialist who has been living in Naples since 1999 and is familiar with Naples, Bonita Springs, and Marco Island, and all the neighborhoods inside-out. He has the ability to assist you in selecting the best for your family's needs. With his knowledge you can be sure that you'll be comfortable with him as your Real Estate Agent. [ More... ]
Broker Reciprocity LogoThis property is courtesy of BHHS Florida Realty. *Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.


This listing has been viewed 562 times.