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Property profile & analytics
FOR SALE
Hotels

1905 Elevate Ave Navarre, FL 32566

54,681 SF
Property ID
US18-Q028420
1905 Elevate Ave, Navarre, FL 32566 For Sale
$3,000,000 54,681 SF
1905 Elevate Ave, Navarre, FL 32566
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Property summary
AI-generated overview

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 117-room Holiday Inn Express & Suites Development Site, located in Navarre, Florida - one of Northwest Florida’s most desirable and supply‑constrained coastal markets. With all major approvals in place, the project offers immediate development execution under the IHG‑affiliated Holiday Inn Express & Suites brand, a globally recognized select‑service hotel known for strong operating performance and broad guest appeal. Strategically positioned to capture year‑round demand from leisure, military, and business travelers, the property benefits from proximity to Navarre Beach, regional employment drivers, and major transportation corridors. The Holiday Inn Express & Suites Navarre Development Site offers investors the opportunity to acquire a fully entitled, shovel ready development site approved for a 117-room, IHG branded property in a growing and desirable Florida Gulf Coast market.

Property profile
Verified
Property type Hotels
Total area 54,681 SF
UPID US18-Q028420
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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