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    Bonifay, FL
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    Bonifay, FL Motels for Sale

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    Economy Lodge Bonifay Commercial Opportunity
    Updated: Mar 10, 2024
    Economy Lodge Bonifay Commercial Opportunity

    114 W Highway 90, Bonifay, FL 32425

    $1,900,000
    15,002 sqft
    Prime location at the intersection of Highway 90 and Highway 79, providing excellent visibility and accessibility.
    Versatile commercial property with 37 rooms, suitable for various business ventures.
    Significant potential for redevelopment or revitalization.
    Offered in as‑is condition, presenting a blank canvas for customization.
    High traffic location.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Bonifay, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Motel Income Property
    Former Motel Income Property

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft 0.42 AC lot

    Former motel with 7 bedrooms, 6 bathrooms, and an on-site swimming pool for multiple rental configuration possibilities.

    View details
    7-Bedroom Motel and Multi-Family
    7-Bedroom Motel and Multi-Family

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft

    Formerly a motel with 7 bedrooms and 6 bathrooms, offering flexible residential, short-term, or commercial conversion options.

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    Vintage Motel on Highway 19
    Vintage Motel on Highway 19

    317 N Byron Butler Parkway, Perry, FL 32347

    $1,175,000
    11,166 sqft 2.86 AC lot

    33-room motel on 2.86 acres in Perry, Florida.

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    Vintage Florida Motel and Campground
    Vintage Florida Motel and Campground

    1627 Byron Butler Parkway, Perry, FL 32347

    $1,575,000
    10,426 sqft 11.00 AC lot

    Vintage motel and campground on 11 acres in Perry.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Major Road Frontage
    Commercial Land with Major Road Frontage

    MAGNOLIA Road, Marianna, FL 32448

    $951,300
    10.57 AC lot

    Commercial land totaling 10.57 acres with utilities available and extensive frontage for high-visibility development.

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    Tourist Commercial Lots with Highway Frontage
    Tourist Commercial Lots with Highway Frontage

    2604 Hwy 98, Mexico Beach, FL 32456

    $879,000
    0.34 AC lot

    Two X-FLOOD ZONE tourist commercial lots front US Hwy 98, near Mexico Beach for flexible coastal development options.

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    Tourist Commercial Land with Highway Frontage
    Tourist Commercial Land with Highway Frontage

    2604 Hwy 98 lot: 5/Blk B/Unit 4, Mexico Beach, FL 32456

    $879,000
    0.34 AC lot

    Two tourist-commercial lots in X-FLOOD ZONE with highway frontage near Mexico Beach, suitable for a range of coastal uses.

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    Prime Commercial Lot Near I-65
    Prime Commercial Lot Near I-65

    50280 Rabun Road, Bay Minette, AL 36507

    $990,000
    1.00 AC lot

    1 acre commercial lot near I-65 in fast growth area.

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    Off-Market Properties in Bonifay, FL

    Consider similar Off-Market properties in Bonifay, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    114 Hwy 90
    HOTEL/MOTEL

    114 Hwy 90, Bonifay, FL 32425-2614

    $625,000
    Estimated value
    4,490 sqft 2.25 AC lot
    View details
    115 Washington Dr
    HOTEL/MOTEL

    115 Washington Dr, Bonifay, FL 32425-3156

    $1,515,000
    Estimated value
    36,628 sqft 1.69 AC lot
    View details
    2210 Waukesha St
    HOTEL/MOTEL

    2210 Waukesha St, Bonifay, FL 32425-3126

    $1,035,000
    Estimated value
    24,554 sqft 2.21 AC lot
    View details

    Bonifay, FL Motels Market Trends and Statistics

    Explore 4 motels for sale in Bonifay, FL on our real estate platform. These investment opportunities span a total of 15,002 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for motels in Bonifay, FL start at $1,900,000, averaging $1,900,000, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +3.4%
    Median Household Income $44,651
    College Educated 11.9%

    High-Yield Neighborhoods for Investment

    Identify Bonifay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32425 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.67%
    Property Tax per SF $32.83 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Holmes County

    New Delisted

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