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    4891 Fort Pierce Blvd Fort Pierce, FL 34946

    For Sale
    $2,800,000

    25-Key Motel, High ROI, Updated 2023

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    The Fountains Hotel, a 25-key motel located at 4891 US-1 in Fort Pierce, Florida (zip code 34946), presents a compelling investment opportunity. This hospitality property boasts a strong 10% capitalization rate, generating a net operating income (NOI) of $280,000 annually. The asking price is $2,800,000. The hotel comprises a mix of efficiencies and suites, currently producing approximately $450,000 in annual revenue. Extensive renovations were completed in 2023, enhancing the property's appeal and operational efficiency. Guest amenities include a refreshing pool, a relaxing hot tub, and a convenient grill area. Its strategic location offers easy access to nearby beaches, golf courses, shopping centers, and a variety of restaurants, ensuring consistent occupancy and strong rental demand. Situated in St. Lucie County, this motel represents a solid investment in a thriving Florida market. The property's strong financial performance, coupled with its recent renovations and desirable location, makes it an attractive prospect for investors seeking a high-return hospitality asset.

    Property Features for 4891 Fort Pierce Blvd

    General Information

    Property type
    Motels

    Building Details

    Year Renovated
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3575913
    Latitude
    27.5225004

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    FAQs

    What type of property is this?
    Motel - 25-Key Motel, High ROI, Updated 2023
    Where is this motel located?
    The property is located at 4891 Fort Pierce Blvd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $2,800,000.
    Request Owner's contact information
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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
    4891 Fort Pierce Blvd Fort Pierce, FL 34946
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