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Chassahowitzka Hotel 8551 W Miss Maggie Dr 9 Room Bed and Breakfast Homosassa, FL 34448 $850,000 ($94,444/Room) 8.38% Cap Rate



INVESTMENT HIGHLIGHTS
- 40% Seller Financing Available!
- Historic property near to fishing and scalloping destination if Florida's renowned nature's coast
- Located within 10 mins from the new Cabot Citrus Farms Golf Course
- Licensed 2-cop beer/wine license
- Historic property near to fishing and scalloping destination if Florida's renowned nature's coast
- Located within 20 mins of Crystal River and Weeki Wachi Spring
EXECUTIVE SUMMARY
Seller Financing Available!
The Chaz Hotel is a two story, interior corridor, 9,184SF GBA with a typical floor having 4,592 SF. 9 bedrooms, was built in 1910, and renovated in 2001, sitting on a .71-acre parcel. Features a licensed restaurant with 16 seats, Licensed 2-cop beer/wine license, brand new commercial oven, whole house Generac generator.
***For 360 walkthrough, Income details, and in depth market package see Data Room and open Offer Memorandum***
There is a vacant .84 Acre Land Parcel located in front of the hotel that can be purchased along with the hotel if requested for $150,000. Seller also owns Campground across the street and would require he receives a favorable lease for the vacant land, which satisfies the campground restaurant parking requirement
Step back in time and experience the historic charm of old Florida at the Seven Sisters Spring Campground. Nestled along the Chassahowitzka River, this peaceful retreat invites you to reconnect with nature, unwind, and enjoy quality time with friends and family. From world-class fishing and scalloping to kayaking and boating adventures, the area offers something for every outdoor enthusiast. Surrounded by natural beauty, Seven Sisters Springs strikes the perfect balance between relaxation and adventure — a timeless escape into Florida’s wild, untouched heart.
Established in 1910 and extensively renovated in 2001, the hotel has maintained its cozy ambiance, providing a serene place to unwind between explorations and adventures. The Chassahowitzka Hotel’s common spaces and outside areas are perfect for socializing and hosting gatherings, including gold outings, family reunions and natural adventure groups. Located just 15 miles south of Crystal River, and 6 miles from the new world class golf outings destination Cabot Citrus Farms. This historical bed and breakfast creates an inviting destination getaway for all travelers. This quaint hotel accommodates up to 18 guests, offering an intimate and secluded experience in century-old Florida, all while providing the comfort of modern amenities.
Room Breakdown:
Manatee Room- 1-Bedrooms, 1-Bath, 2-Queen Beds
Captains Room- 1-Bedrooms, 1-Bath, 1-Queen Beds,
Chaz River Suite 4-Bedrooms, 1-Large Bath (2-Shower, 2-Toilets), 2-Queen Beds, 3-single beds
Crystal River Suite 3-Bedrooms, 1-Bath, 2-Queen Beds, 4- Single
The Chaz Hotel is a two story, interior corridor, 9,184SF GBA with a typical floor having 4,592 SF. 9 bedrooms, was built in 1910, and renovated in 2001, sitting on a .71-acre parcel. Features a licensed restaurant with 16 seats, Licensed 2-cop beer/wine license, brand new commercial oven, whole house Generac generator.
***For 360 walkthrough, Income details, and in depth market package see Data Room and open Offer Memorandum***
There is a vacant .84 Acre Land Parcel located in front of the hotel that can be purchased along with the hotel if requested for $150,000. Seller also owns Campground across the street and would require he receives a favorable lease for the vacant land, which satisfies the campground restaurant parking requirement
Step back in time and experience the historic charm of old Florida at the Seven Sisters Spring Campground. Nestled along the Chassahowitzka River, this peaceful retreat invites you to reconnect with nature, unwind, and enjoy quality time with friends and family. From world-class fishing and scalloping to kayaking and boating adventures, the area offers something for every outdoor enthusiast. Surrounded by natural beauty, Seven Sisters Springs strikes the perfect balance between relaxation and adventure — a timeless escape into Florida’s wild, untouched heart.
Established in 1910 and extensively renovated in 2001, the hotel has maintained its cozy ambiance, providing a serene place to unwind between explorations and adventures. The Chassahowitzka Hotel’s common spaces and outside areas are perfect for socializing and hosting gatherings, including gold outings, family reunions and natural adventure groups. Located just 15 miles south of Crystal River, and 6 miles from the new world class golf outings destination Cabot Citrus Farms. This historical bed and breakfast creates an inviting destination getaway for all travelers. This quaint hotel accommodates up to 18 guests, offering an intimate and secluded experience in century-old Florida, all while providing the comfort of modern amenities.
Room Breakdown:
Manatee Room- 1-Bedrooms, 1-Bath, 2-Queen Beds
Captains Room- 1-Bedrooms, 1-Bath, 1-Queen Beds,
Chaz River Suite 4-Bedrooms, 1-Large Bath (2-Shower, 2-Toilets), 2-Queen Beds, 3-single beds
Crystal River Suite 3-Bedrooms, 1-Bath, 2-Queen Beds, 4- Single
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $850,000 | Lot Size | 0.71 AC |
| Price Per Room | $94,444 | Building Size | 3,808 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Cap Rate | 8.38% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1910/2001 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 2.1/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | CLRM - Coastal Lakes residential allowing mobile homes | ||
| Price | $850,000 |
| Price Per Room | $94,444 |
| Sale Type | Investment |
| Cap Rate | 8.38% |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 3,808 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2001 |
| Parking Ratio | 2.1/1,000 SF |
| Corridor | Interior |
| Zoning | CLRM - Coastal Lakes residential allowing mobile homes |
AMENITIES
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $235.00 | - |
| Guest Room | 4 | $143.00 | - |
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Chassahowitzka Hotel | 8551 W Miss Maggie Dr
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