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- LoopNet Team
18202 Gulf Blvd
Redington Shores, FL 33708
Carousel Motel · Hospitality Property For Sale
·
5,479 SF
INVESTMENT HIGHLIGHTS
- Right next to beach access
- Minute walk to the beach
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1964/1992 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.20 AC | Corridor | Exterior |
| Building Size | 5,479 SF | ||
| Zoning | CTF,Redington Shores | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,479 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1992 |
| Parking Ratio | 2.19/1,000 SF |
| Corridor | Exterior |
| Zoning | CTF,Redington Shores |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ABOUT 18202 GULF BLVD , REDINGTON SHORES, FL 33708
WELCOME TO PARADISE! This unique opportunity features 2-story motel just steps away from award-winning Gulf Beaches. Located right next to the Redington Shores beach access, your guests will enjoy a short 1-minute walk to the gorgeous, sandy beach. This property is family owned and operated motel for over 20 years! It features a total of 10 units consisting of 7 fully equipped efficiency studios, 1 motel room, 1- 1 bedroom apartment and huge upstairs 3 beds/2 baths unit. The upstairs unit has been used by the current owner as a primary residence therefore it has never been rented and not included in the current financials. This apartment could ALSO be SPLIT in 2 different units for even MORE income stream. In this unit guests (or owners) will enjoy 2 different terraces on either side and a NEW roof deck with a BEACH VIEW! The owner's suite has also a functioning fire place. Please see pictures for all the details. This is a perfect opportunity to make your dreams come true- either be an owner operator and live where you vacation or re-brand to a boutique style hotel and be a hands off owner investor. Either way THE POSSIBILITIES ARE ENDLESS! This amazing property also features A BRAND NEW ROOF (was just put on in June 2024), brand new roof top deck and fresh paint. Also all the downstairs units have NEW WINDOWS! There is a hotel management/billing software with remote smart locks in place. Motel has been running for nearly 60 years and has been thriving with MANY RETURNING GUESTS! It has a great reputation with 5-star reviews! It is conveniently located near dining, shops and entertainment and only 30-mins from Tampa International Airport. *PLEASE NOTE: Owner financing available to available to qualifies buyers under the right terms.*
PROPERTY TAXES
| Parcel Number | 31-30-15-88488-002-0020 | Improvements Assessment | $191,438 |
| Land Assessment | $493,562 | Total Assessment | $685,000 |
PROPERTY TAXES
