11103 Tamiami E Trl Naples, FL 34113-7753

This exceptional investment opportunity presents a 13-room hotel situated on a 0.53-acre lot in the desirable Naples, Florida market. The property boasts a total of 3,992 square feet of space, spread across two single-story buildings, constructed in 1958. Priced at $1,700,000, this translates to a price per square foot of $426. Located at 11103 Tamiami Trail East, Naples, FL 334113, in Collier County, the hotel benefits from a strong local demographic. The surrounding area shows significant potential, with a population of 24,383 exhibiting an 11.3% growth since 2010 and a population density of 733 people per square mile. The median age is 52.9, and there are 10,341 households with an average size of 2 people. The median home sale price is $355,600, with a median year built of 2002. The residential market demonstrates a 17.4% annual turnover rate, with 22.39% of housing rented, 25.37% vacant, and 52.24% owner-occupied. This established hotel presents a compelling opportunity for investors seeking a foothold in the thriving Naples hospitality sector. The property's size and location offer significant potential for growth and return on investment.