1905 Elevate Ave Navarre, FL 32566
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.