108 Royal Palm Ave, Clewiston, FL 33440
For Sale
The Clewiston Inn, located at 108 Royal Palm Avenue in Clewiston, Florida, presents a unique investment opportunity. This beautifully restored classical revival-style inn boasts 37,029 square feet on a 1.48-acre lot, situated on the shores of Lake Okeechobee. The property includes 57 guest rooms and suites, eight of which are apartments. All rooms have recently undergone upgrades, featuring new vinyl flooring and fresh paint. A new security camera system has also been installed. The inn's large banquet hall has recently been renovated with new tile and hosts Friday night entertainment, generating supplemental income. Currently operating at 100% occupancy (as of December 13th), the Clewiston Inn consistently maintains an occupancy rate between 85% and 100%. The property benefits significantly from the annual sugarcane festival in March, resulting in high revenue during that period. Conveniently located 60 miles west of West Palm Beach and 60 miles east of Fort Myers, the Clewiston Inn is ideally positioned to attract a wide range of clientele. Its versatile space is perfect for hosting corporate retreats, meetings, weddings, reunions, and other special events. This established and profitable business offers a compelling investment prospect for discerning buyers seeking a turn-key operation in a desirable location. The property's strong performance and consistent occupancy make it an attractive addition to any investment portfolio.
-
Clewiston, FLA Restaurant
-
Americas Best Value Inn Historic Clewiston Inn Hotel & Motel
-
Everglades - Bar & Lounge Bar & Pub
-
Everglades Lounge Bar & Pub Nightclub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CL-C · Clewiston, FLClewiston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.