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4406 102nd St W
Bradenton, FL 34210
Paradise Bay Motel · Hospitality Property For Sale
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14 Rooms
Investment Highlights
- Bite Size Value-Add Multifamily Asset in one of Florida’s Hottest Markets
- Potential to Increase Net Operating Income by 53% After Completing Interior and Exterior Renovation Plan
- Property is Centrally Located to Many of the Major Employers in the Sarasota/Bradenton Area (Blake Medical Hospital, IMG Academy, Tropicana Juice Plan
- This Asset allows an investor to achieve additional income through a weekly income rental plan
- Potential to Achieve Cash-On-Cash Returns North of 10% After Stabilization
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1958/2001 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.97 AC | Parking Ratio | 3.73/1,000 SF |
| Building Size | 7,390 SF | Corridor | Exterior |
| No. Rooms | 14 | ||
| Zoning | C1A, County - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.97 AC |
| Building Size | 7,390 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2001 |
| Tenancy | Single |
| Parking Ratio | 3.73/1,000 SF |
| Corridor | Exterior |
| Zoning | C1A, County - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Property Taxes
| Parcel Number | 76246-0005-9 | Improvements Assessment | $428,967 |
| Land Assessment | $312,768 | Total Assessment | $741,735 |
Property Taxes
Parcel Number
76246-0005-9
Land Assessment
$312,768
Improvements Assessment
$428,967
Total Assessment
$741,735
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