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    114 Highway 90 Bonifay, FL 32425

    For Sale
    $1,900,000

    37-room motel at the crossroads of Hwy 90 and Hwy 79.

    Lot size:
    2.25 Acres

    Property Features for 114 Highway 90

    General Information

    Lot size
    2.25 Acres

    Source: Beachy Beach Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Economy Lodge in Bonifay, FL

    The Economy Lodge in Bonifay, FL, presents a commercial opportunity. This 37-room motel is located at the intersection of Highway 90 and Highway 79, offering visibility and accessibility. The property is being sold as-is real estate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Economy Lodge, Bonifay Mobile Home Park, Nell Holmes

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.6805016
    Latitude
    30.7874024

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    FAQs

    What type of property is this?
    Motel - 37-room motel at the crossroads of Hwy 90 and Hwy 79.
    Where is this motel located?
    The property is located at 114 Highway 90 Bonifay, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime commercial location at the intersection of Hwy 90 and Hwy 79; - 37-room motel; - Excellent visibility
    (850) 233-4351
    Request Owner's contact information
    114 Highway 90 Bonifay, FL 32425
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    Bonifay, FL 32425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Highway 90 Bonifay, FL 32425
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