For Sale
$1,625,000

1627 Byron Butler Pkwy Perry, FL 32347

Vintage Florida Motel, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 10,426 sq ft property in Perry, Florida, presents a rare opportunity to own a piece of vintage Florida hospitality. The 1950s motel boasts 21 rooms, 2 apartments, campgrounds, and a clubhouse, all situated on 11 acres of commercially zoned land along the busy Historic Highway 19 corridor. A new roof was installed in March 2024, and a new water heater has been recently added. All but one unit has undergone remodeling. The property includes three buildings (3,093 sq ft, 4,479 sq ft, and 2,854 sq ft respectively), plus an additional 7.98-acre parcel ideal for RV camping. Located 55 miles south of Tallahassee and 166 miles from Tampa, this motel benefits from high daily traffic counts (11,227 vehicles daily at a nearby intersection). Its proximity to downtown Perry and local amenities adds to its appeal. The asking price is $1,625,000, and owner financing is available with 35% down and a 7% interest rate. Annual property taxes were $6,094 in 2020. Net operating income information will be provided to qualified buyers. Detailed financial information and current rental data are available upon request. This is a fantastic opportunity to acquire a vintage Florida income-producing property with significant potential.

Highlights

  • Seller financing available with 35% down payment at closing.

Property Details for 1627 Byron Butler Pkwy

Property type
Land, Hospitality properties
Square Feet
10,426 SF
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Perry
County
Taylor
State
Florida
Latitude
30.1028658
Longitude
-83.588895

FAQs

What type of property is this?
Land - Vintage Florida Motel, Investment Opportunity
Where is the land located?
The property is located at 1627 Byron Butler Pkwy Perry, FL.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Seller financing available with 35% down payment at closing.; ;
How can I contact the broker?
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1627 Byron Butler Pkwy
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