20 Cinnamon Beach Way Palm Coast, FL 32137

This exceptional 6-bedroom, 6-bathroom hotel in Palm Coast, Florida, presents a compelling investment opportunity. Boasting 3,289 square feet across two stories, this fee-simple property sits on a 0.14-acre lot within the exclusive, gated Cinnamon Beach community. Built in 1919 and renovated in 2022, the hotel features a modern pool and spa (heater installed 2023), updated appliances (refrigerator, dishwasher, washer, dryer, and hot water heater), a chef's kitchen with an ice maker, wine fridge, propane cooktop, and double oven, and three second-floor balconies. All six bathrooms were completely remodeled in 2022. Currently operating at 69% occupancy, generating a Net Operating Income (NOI) of $236,000 and a 15.84% cap rate, this turnkey operation offers significant potential for increased revenue. Residents enjoy access to a clubhouse with a restaurant and bar, a fitness center, oceanfront and lakeside pools, a splash pool, and a splash park, along with direct beach access. The property is zoned residential and offers the flexibility to operate as a short-term rental or a private residence. An optional Hammock Beach Resort membership is also available. Financial records are available upon request. This is a rare opportunity to acquire a high-performing hotel in a prime location. The asking price is $1,490,000.