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Renovated Midscale Hotel Opportunity
For Sale
$10,000,000

4760 S Cleveland Ave, Fort Myers, FL 33907

Turnkey midscale hotel with 135 operational guest rooms and updated amenities, including an outdoor pool and free breakfast.

Property Size4 SF
Price / SF$2,500,000
Days on Market103

Property Features for 4760 S Cleveland Ave

General Information

Standard status Active
Size 4 SF
Zoning CI

Additional Details

Business Included Yes

Amenities

outdoor pool
tiki hut
free breakfast
pet-friendly
modern in-room features
Listing Agency: eXp Commercial LLC
Listed By: Swapna Shah · License #SL3429384
Source: Expcommercial
Added: May 28 Changed: Sep 6 Last Checked: Sep 7 at 4:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC

Investment Insights

Based on property information with market context.

This turnkey, renovated Quality Inn is an indoor-corridor, midscale hotel operating under the Choice Hotels brand. The property features 135 fully operational guest rooms and includes a manager’s apartment that can be adapted into two additional rooms plus a living space.

The hotel is located at 4760 S Cleveland Ave, Fort Myers, FL 33907, in a high-traffic area near beaches, universities, and Fort Myers attractions. The property has completed PIP requirements for a smoother transition. Commercial Intensive zoning is noted, offering flexibility for various business and development opportunities.

On-site amenities include an outdoor pool and a tiki hut, along with free breakfast and a pet-friendly program. The property is also described as close to Harborside Event Center and other venues, supporting group bookings and business travel.

Key Highlights

  • Choice Hotels Quality Inn with 135 fully operational guest rooms
  • Year built 1984, midscale hotel with renovated, ready‑to‑operate updates and PIP requirements completed
  • Manager’s apartment included; can be converted into two additional guest rooms plus living space

Property Analytics

Current Use

Travelodge by Wyndham ... Hotel & Motel Rodeway Inn Hotel & Motel

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Florist Locksmith Parking Lot & Garage Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,788
Businesses Nearby

Demographics for 33907, FL

24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Turnkey midscale hotel with 135 operational guest rooms and updated amenities, including an outdoor pool and free breakfast.
Where is this hotel located?
The property is located at 4760 S Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Choice Hotels Quality Inn with 135 fully operational guest rooms; Year built 1984, midscale hotel with renovated, ready‑to‑operate updates and PIP requirements completed; Manager’s apartment included; can be converted into two additional guest rooms plus living space
More about this property
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