4700 Irlo Bronson Memorial Hwy Kissimmee, FL 34746
- Hotels
- 17,928 SF
- 3.37 lot acres
Current Use by Public Records
- Red Carpet Inn Kissimmee, FL / Inn / Hotel
Property Details for 4700 Irlo Bronson Memorial Hwy
- Year built
- 1984
- Lot size
- 3.37 lot acres
- Property size
- 17,928 SF
- Zone code
- OCT
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 122528000004500000
- APU
- 122528000004500000
Description
This exceptional investment opportunity presents a 48-room motel situated on a 3.37-acre lot in Kissimmee, Florida. Boasting 17,928 square feet, this two-story property, built in 1984, enjoys a prominent location on Irlo Bronson Memorial Highway, offering 200 feet of road frontage. The motel's strategic position provides easy access to major attractions, including Disney World (within 10 minutes), Orlando International Airport (under 30 minutes), and the city of Orlando (less than 30 minutes), as well as Tampa (within an hour and fifteen minutes). The property includes a two-bedroom apartment. Financial records from 2023 indicate a gross revenue of $594,326 and a net operating income (NOI) of $301,326. The property is zoned OCT. The parcel number is 12 25 28 0000 0450 0000. This fee-simple ownership includes an additional approximately two acres of land at the rear, presenting potential for future development. Seller financing is available to qualified buyers. This is a rare opportunity to acquire a well-established motel in a high-demand tourist destination.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4721
- Latitude
- 28.3199
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
