Turnkey 100-Room Hotel
For Sale
$9,999,000
7051 N Seacrest Blvd, Lantana, FL 33462
Ready for immediate revenue generation under new ownership.
Property Size36,615 SF
Lot Size1.36 Acres
Days on Market253
Property Features for 7051 N Seacrest Blvd
General Information
Standard status
Active
Size
36,615 SF
Lot size
1.36 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$101,280
Building Details
Building Size
36,615 SF
Year Built
1996
Stories
4
Units
99
Listing Agency:
(561) 541-7171
Listed By:
George Ryan · License #3284861
(561) 541-7171
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:40AM
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 George Ryan
Investment Insights
Based on property information with market context.
This turnkey operational hotel property features 100 guest rooms and is positioned for immediate revenue generation under new ownership. The facility has been fully maintained and is move-in ready, offering a chance to enter the hospitality industry. The property is being offered as a turnkey operation, requiring minimal additional investment.
Key Highlights
- Turnkey 100‑room hotel ready for immediate revenue generation.
- Seller financing available.
- Complete turnkey operation requiring minimal additional investment.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$330,590
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,611,800
$6.6M
Cap Rate 7%
$4,722,714
$4.7M
Cap Rate 9%
$3,673,222
$3.7M
Market Conditions
NOI Build-Up for 36,615 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$790.9K $21.60/SF
− Vacancy
−$94.9K −$2.59/SF
EGI
$696.0K $19.01/SF
− OpEx
−$365.4K −$9.98/SF
NOI
$330.6K $9.03/SF
Area
Palm Beach County, FL
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,611,800
Cap Rate 7%
$4,722,714
Cap Rate 9%
$3,673,222
Alternative Uses
Best Use
Hotel Hospitality
$4.72M
$4.13M – $5.51M
NOI $330,590 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.79M
$22.56M – $30.08M
NOI $1,805,043 @ 7.0% cap · market cap 18.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
Demographics for 33462, FL
33,982
Population
15,911
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
84%
High-School Grad
8.6 sq mi
ZIP Area
3,951
Density / Sq Mi
$72,288
Median Household Income
$38,193
Median Earnings
$1,659
Median Rent
$323,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Ready for immediate revenue generation under new ownership.
Where is this hotel located?
The property is located at 7051 N Seacrest Blvd Lantana, FL.
What is the asking price?
The asking price for this property is $9,999,000.
What are key features of this property?
This property features: Turnkey 100‑room hotel ready for immediate revenue generation.; Seller financing available.; Complete turnkey operation requiring minimal additional investment.
