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    Tallahassee, FL
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    Tallahassee, FL Hotels for Sale

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    Chattahoochee, FL Woodville, FL Quincy, FL Carrabelle, FL Callahan, FL Crawfordville, FL Baker, FL Midway, FL
    Renovated 82-Room Economy Hotel
    Updated: Jul 7
    Renovated 82-Room Economy Hotel

    2681 North Monroe Street, Tallahassee, FL 32303

    $3,200,000
    35,414 sqft 1.92 AC lot
    Renovated 82‑room economy hotel on 1.92 acres along one of Tallahassee’s primary commercial corridors
    Comprehensive 2025 renovation with $300,000+ in capital improvements including a new roof
    2025 upgrades also include parking lot re‑surfacing and full bathroom renovations
    Operating under the Econo Lodge/Choice Hotels flag
    Diversified demand drivers listed: Florida State Capitol, FSU, FAMU, and Tallahassee International Airport
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2681 North Monroe Street, Tallahassee, FL 32303

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $151K
      Annual

    • Mortgage

      $150K
      Aug 2020

    • Last Sold

      Mar 2015
      $1.5M

    • Property Type

      Motel
      Built 1978
    View Property Analytics
    Turnkey Hotel in Tallahassee, FL
    Updated: Mar 5
    Turnkey Hotel in Tallahassee, FL

    1978 Village Green Way, Tallahassee, FL 32308

    $12,400,000
    66,819 sqft
    Turnkey, renovated (2023) TRYP by Wyndham hotel with 100 guest rooms, offering immediate value and operational stability.
    Significant $620K upgrade completed in 2023.
    Strong brand recognition and upside potential through enhanced ADR and repositioning.
    Comprehensive amenities including restaurant/tavern, 24‑hour services, fitness center, complimentary breakfast, free parking, and high‑speed Wi‑Fi.
    Prime location in Tallahassee, close to the Florida State Capitol, Universities, and other attractions.
    View details
    Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 2 Active listings in Tallahassee, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bayfront Development Opportunity in Florida
    Bayfront Development Opportunity in Florida

    Port St Joe, FL 32456

    $3,700,000
    6.70 AC lot

    6.7-acre bayfront land with 14 planned residential lots.

    View details
    24.2 Acres Development Opportunity
    24.2 Acres Development Opportunity

    Port St Joe, FL 32456

    $6,900,000
    24.20 AC lot

    Prime development land between Mexico Beach and Port St. Joe.

    View details
    Beachfront Inn Investment Opportunity
    Beachfront Inn Investment Opportunity

    8614 Surf Drive, Panama City, FL 32408

    $4,000,000
    7,723 sqft 0.52 AC lot

    Income-producing 11-unit inn with expansion potential on over half-acre.

    View details
    Majestic Gulf Front Beach Home
    Majestic Gulf Front Beach Home

    13401 Oleander Dr, Panama City, FL 32407

    $6,300,030
    5,984 sqft

    New construction, 8 bedrooms, sleeps 36, gulf front home.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Site Near I-10
    Prime Development Site Near I-10

    2818 Lakeshore Drive, Tallahassee, FL 32312

    $989,000
    1,785 sqft 2.35 AC lot

    2.35 acre development site near I-10 in Tallahassee, FL.

    View details
    Quincy, FL Land For Sale
    Quincy, FL Land For Sale

    Pat Thomas Parkway, Quincy, FL 32351

    $375,000
    6.84 AC lot

    6.84 +/- acre site suitable for a hotel.

    View details
    Eastpoint Bayfront Commercial Corner Land
    Eastpoint Bayfront Commercial Corner Land

    1041 Hwy 98, Eastpoint, FL 32328

    $1,450,000
    13.00 AC lot

    Prime 13-acre commercial corner with bay access in Eastpoint, FL.

    View details
    Commercial Development Land Near I-75
    Commercial Development Land Near I-75

    Tract 2 SW I-75 Exit 22 / SE North Valdosta Rd & Val Tech Rd, Valdosta, GA 31602

    $1,842,000
    15.35 AC lot

    15.35-acre tract zoned C-H and R-1, partially cleared and suited for commercial development near Exit 22.

    View details

    Off-Market Properties in Tallahassee, FL

    Consider similar Off-Market properties in Tallahassee, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2020 Apalachee Pkwy
    HOTEL

    2020 Apalachee Pkwy, Tallahassee, FL 32301-4818

    $2,800,000
    Estimated value
    41,650 sqft 2.73 AC lot
    View details
    522 Silver Slipper Ln, Unit 3
    HOTEL

    522 Silver Slipper Ln, Tallahassee, FL 32303-4867

    Unit 3
    $690,000
    Estimated value
    16,472 sqft 1.41 AC lot
    View details
    1695 Capital NW Cir
    HOTEL

    1695 Capital NW Cir, Tallahassee, FL 32303-3113

    $3,860,000
    Estimated value
    26,882 sqft 1.98 AC lot
    View details
    1600 Smt Lk Dr
    HOTEL

    1600 Smt Lk Dr, Tallahassee, FL 32317-7935

    $12,515,000
    Estimated value
    84,009 sqft 3.17 AC lot
    View details
    1978 Vlg Grn Way
    HOTEL

    1978 Vlg Grn Way, Tallahassee, FL 32308-3800

    $10,635,000
    Estimated value
    52,768 sqft 2.08 AC lot
    View details
    3333 Thomasville Rd
    HOTEL

    3333 Thomasville Rd, Tallahassee, FL 32308-7977

    $8,395,000
    Estimated value
    51,939 sqft 2.53 AC lot
    View details
    3388 Lonnbladh Rd
    HOTEL

    3388 Lonnbladh Rd, Tallahassee, FL 32308-4626

    $2,940,000
    Estimated value
    64,905 sqft 2.23 AC lot
    View details
    3219 Monroe St
    HOTEL

    3219 Monroe St, Tallahassee, FL 32303-2821

    $6,900,000
    Estimated value
    38,457 sqft 2.70 AC lot
    View details
    101 Adams St
    HOTEL

    101 Adams St, Tallahassee, FL 32301-7719

    $28,800,000
    Estimated value
    150,080 sqft 0.98 AC lot
    View details
    1100 Railroad Ave
    HOTEL

    1100 Railroad Ave, Tallahassee, FL 32310-4305

    Value Estimation by Request
    89,912 sqft 1.17 AC lot
    View details
    3216 Monroe St
    HOTEL

    3216 Monroe St, Tallahassee, FL 32303-2822

    $5,145,000
    Estimated value
    36,094 sqft 2.13 AC lot
    View details
    2415 Monroe St
    HOTEL

    2415 Monroe St, Tallahassee, FL 32303-4135

    $14,550,000
    Estimated value
    232,739 sqft 63.42 AC lot
    View details
    1300 Executive Ctr Dr
    HOTEL

    1300 Executive Ctr Dr, Tallahassee, FL 32301-5006

    $2,025,000
    Estimated value
    53,661 sqft 1.68 AC lot
    View details
    801 Gadsden St
    HOTEL

    801 Gadsden St, Tallahassee, FL 32301-2433

    $3,825,000
    Estimated value
    99,150 sqft 2.54 AC lot
    View details
    1481 Timberlane Rd
    HOTEL

    1481 Timberlane Rd, Tallahassee, FL 32312-1712

    $4,695,000
    Estimated value
    72,456 sqft 3.14 AC lot
    View details
    826 Gaines St
    HOTEL

    826 Gaines St, Tallahassee, FL 32304-4312

    $7,085,000
    Estimated value
    94,647 sqft 0.64 AC lot
    View details
    2702 Monroe St
    HOTEL

    2702 Monroe St, Tallahassee, FL 32303-4030

    $1,330,000
    Estimated value
    22,749 sqft 1.13 AC lot
    View details
    1876 Capital NE Cir
    HOTEL

    1876 Capital NE Cir, Tallahassee, FL 32308-4441

    $1,750,000
    Estimated value
    26,784 sqft 1.85 AC lot
    View details
    2900 Monroe St
    HOTEL

    2900 Monroe St, Tallahassee, FL 32303-3637

    $2,600,000
    Estimated value
    63,728 sqft 12.99 AC lot
    View details
    1653 Raymond Diehl Rd
    HOTEL

    1653 Raymond Diehl Rd, Tallahassee, FL 32308-3721

    $4,015,000
    Estimated value
    67,135 sqft 2.26 AC lot
    View details
    2003 Apalachee Pkwy
    HOTEL

    2003 Apalachee Pkwy, Tallahassee, FL 32301-4866

    $2,700,000
    Estimated value
    73,014 sqft 2.09 AC lot
    View details
    210 Magnolia Dr
    HOTEL

    210 Magnolia Dr, Tallahassee, FL 32301-2924

    $1,370,000
    Estimated value
    73,762 sqft 2.33 AC lot
    View details

    Tallahassee, FL Hotels Market Trends and Statistics

    Explore 59 hotels for sale in Tallahassee, FL on our real estate platform. These investment opportunities span a total of 102,233 square feet of properties for sale, with an estimated market value of $15,600,000.

    Sale prices for resorts in Tallahassee, FL start at $3,200,000, averaging $7,800,000, and reaching up to $12,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 5
    Bed & breakfasts 1

    Demographics Overview

    Population 295K
    Population Growth (5Y) +0.9%
    Median Household Income $70,585
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

    Identify Tallahassee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32308 $12.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.79%
    Property Tax per SF $27.32 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Leon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Tallahassee fall within the 100,000+ square foot range.

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