20329 Us Highway 27Clermont, FL 34715

Property Details for 20329 Us Highway 27

Year built

1973

Construction

BRICK

Lot size

4.41 AC

Property size (Sq ft)

7,270 SF

Property type

Retail properties

Property subtype

Bars

APN

22-21-25-0003-000-01102

APU

222125000300001102

Description

This exceptional investment opportunity presents the Rodeway Inn, a 100-key hotel situated on a 4.35-acre lot in Clermont, Florida. Located at 20329 US Hwy 27, this property enjoys high visibility with frontage on a major highway and proximity to the popular Lakeridge Winery. The hotel, built in 1973, comprises four two-story buildings totaling 74,000 square feet and includes a swimming pool. Currently operational, the property offers significant redevelopment potential. The Town Center (T-C) zoning allows for a variety of uses, including multifamily residential and residential care facilities. The asking price is $5,850,000, translating to approximately $58,500 per key and $31 per square foot of land. The property's location, zoning, and existing infrastructure make it an attractive proposition for investors seeking a high-return redevelopment project in a thriving Florida market. The Lake County property features a parcel number of 22-21-25-0003-000-01102 and presents a compelling opportunity to capitalize on the area's growth. This fully operational hotel offers immediate cash flow while providing a platform for future development. The substantial lot size and strategic location ensure long-term value and potential for significant returns.

Location Insight

City

Clermont

County

Lake

State

Florida

Latitude

28.6401

Longitude

-81.7998

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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