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Seaside Escape at Fort Walton Beach 8 Gipson Pl 8 Room Hotel Fort Walton Beach, FL 32548 $1,099,000 ($137,375/Room) 12% Cap Rate



INVESTMENT HIGHLIGHTS
- Great Location
- Fully Furnished
- Renovated in 2022
PROPERTY FACTS
| Price | $1,099,000 | Lot Size | 0.12 AC |
| Price Per Room | $137,375 | Building Size | 3,525 SF |
| Sale Type | Investment | No. Rooms | 8 |
| Cap Rate | 12% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1948 |
| Property Subtype | Hotel | Parking Ratio | 2.27/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Commercial - Multi Family Dwelling | ||
| Price | $1,099,000 |
| Price Per Room | $137,375 |
| Sale Type | Investment |
| Cap Rate | 12% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,525 SF |
| No. Rooms | 8 |
| No. Stories | 1 |
| Year Built | 1948 |
| Parking Ratio | 2.27/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Multi Family Dwelling |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 8 | $144.00 | - |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 13-2S-24-2030-0002-00I0 | Improvements Assessment | $365,467 |
| Land Assessment | $23,234 | Total Assessment | $388,701 |
PROPERTY TAXES
Parcel Number
13-2S-24-2030-0002-00I0
Land Assessment
$23,234
Improvements Assessment
$365,467
Total Assessment
$388,701
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Seaside Escape at Fort Walton Beach | 8 Gipson Pl
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