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2937 Beach Blvd S
Gulfport, FL 33707
PENINSULA INN HOTEL FOR SALE IN GULFPORT, FL! · Hospitality Property For Sale · 11,508 SF

Investment Highlights

  • AWARDED A TRIP ADVISORS "TRAVELERS CHOICE AWARD" IN 2020 FOR EXCELLENT REVIEWS BY PAST GUESTS!
  • 12 GORGEOUS HOTEL SUITES BLOCKS FROM THE WATER!
  • 9%+ CAP RATE AND 16%+ CASH-ON-CASH RETURN BY EARLY 2021!
  • 8.5% CAP RATE IN-PLACE!
  • AWARD-WINNING ISABELLE'S RESTAURANT IS LOCATED ON THE FIRST FLOOR OF THE INN!
  • THE PARKING LOT (3 CITY LOTS) IS INCLUDED IN THE SALE OF THE PROPERTY AND CAN BE RENTED TO THE PUBLIC TO CREATE EVEN MORE INCOME FOR A POTENTIAL BUYER

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.56 AC
Building Size 11,508 SF
No. Stories 3
Year Built/Renovated 1901/2023
Parking Ratio 2.17/1,000 SF
Corridor Interior
Zoning MU, County - Mixed Use

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 33-31-16-09612-005-0050
  • 33-31-16-09612-005-0080
Land Assessment
$850,444
Improvements Assessment
$474,156
Total Assessment
$1,324,600
  • Listing ID: 21351664

  • Date on Market: 10/28/2020

  • Last Updated:

  • Address: 2937 Beach Blvd S, Gulfport, FL 33707

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