For Sale
$1,700,000

11103 Tamiami TrlNaples, FL 334113

13-Room Hotel, 3,992 sq ft, .53 acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 13-room hotel situated on a 0.53-acre lot in the desirable Naples, Florida market. The property boasts a total of 3,992 square feet of space, spread across two single-story buildings, constructed in 1958. Priced at $1,700,000, this translates to a price per square foot of $426. Located at 11103 Tamiami Trail East, Naples, FL 334113, in Collier County, the hotel benefits from a strong local demographic. The surrounding area shows significant potential, with a population of 24,383 exhibiting an 11.3% growth since 2010 and a population density of 733 people per square mile. The median age is 52.9, and there are 10,341 households with an average size of 2 people. The median home sale price is $355,600, with a median year built of 2002. The residential market demonstrates a 17.4% annual turnover rate, with 22.39% of housing rented, 25.37% vacant, and 52.24% owner-occupied. This established hotel presents a compelling opportunity for investors seeking a foothold in the thriving Naples hospitality sector. The property's size and location offer significant potential for growth and return on investment.

Highlights

  • $1.7M asking price for a 13-room hotel.
  • 3,992 square foot hotel on a 0.53-acre lot.
  • Located at 11103 Tamiami Trail E, Naples, FL 33413.
  • Two, one-story buildings built in 1958.
  • $426 per square foot.

Property Details for 11103 Tamiami Trl

Property type
Hospitality properties, Hotels
Square Feet
3,992 SF
Year Built
1958
Buildings
2
Stories
1
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Naples
County
Collier
State
Florida

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11103 Tamiami Trl
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