5020 Irlo Bronson Memorial Hwy Kissimmee, FL 34746
- Hotels
- 13,104 SF
- 5.00 lot acres
Current Use by Public Records
- The Sun Inn / Hotel
Property Details for 5020 Irlo Bronson Memorial Hwy
- Year built
- 1981
- Lot size
- 5.00 lot acres
- Property size
- 13,104 SF
- Zone code
- OCT
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 112528000001550000
- APU
- 112528000001550000
Description
This exceptional 5-acre property in Kissimmee, Florida, presents a unique investment opportunity. Currently housing a 106-unit, two-story motel (46,468 heated square feet) built in 1981 with 30% occupancy, this Class B property offers significant upside potential. The existing motel structure provides immediate income generation, while the expansive lot size and OCT zoning (Commercial Tourist – 40/80 du/acre) allow for substantial redevelopment. Preliminary plans suggest the possibility of converting the existing motel into a 106-unit apartment complex or developing a new 400-unit multifamily/mixed-use project. The property boasts 330 feet of frontage on West Irlo Bronson Memorial Highway, a prime location near major attractions including Wyndham Vacation Resorts, Star Island Resort & Club, and numerous golf courses, healthcare facilities, and upscale retail and dining options. Permitted uses under the current zoning include multi-family, mixed-use, hospitality, commercial, medical, and healthcare developments. The asking price is $7,000,000, representing a price per unit of $66,037.74 for the existing motel. This fee-simple ownership opportunity is ideal for investors seeking a high-return project with diverse development possibilities. The property's APN is 11 25 28 0000 0155 0000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4838
- Latitude
- 28.3317
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
