Motel

Bonifay, FL Motels for Sale

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Economy Lodge Bonifay Commercial Opportunity
Updated: Dec 4, 2023
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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 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

Opportunities in Nearby Cities

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

Six-Unit Beachfront Bed and Breakfast
Six-Unit Beachfront Bed and Breakfast

8524 Surf Drive, Panama City, FL 32408

$2,900,000
4,740 sqft 0.50 AC lot

Furnished lodging property with convenient beach access and high-intensity zoning supporting multiple development concepts.

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Six-Unit Beach-Access Motel
Six-Unit Beach-Access Motel

8524 Surf Dr, Panama City, FL 32408

$2,900,000
4,740 sqft

Furnished lodging property with beach access and a walkable setting near dining, entertainment, and local attractions.

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7-Bedroom Motel Property
7-Bedroom Motel Property

604 Fernwood St, Panama City Beach, FL 32407

$650,000
2,556 sqft

Former hospitality property with flexible room configuration near major beach-area roads, shopping, dining, attractions, and entertainment.

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Motel Property with Seven Bedrooms
Motel Property with Seven Bedrooms

604 Fernwood Street, Panama City Beach, FL 32407

$650,000
2,556 sqft 0.42 AC lot

Block construction, public sewer, and window-unit cooling support multiple commercial lodging configurations.

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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
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115 Washington Dr
HOTEL/MOTEL

115 Washington Dr, Bonifay, FL 32425-3156

$1,515,000
Estimated value
36,628 sqft 1.69 AC lot
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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 average $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

Hotels 1
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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