2073 Mayport Rd Jacksonville, FL 32233-1923
Property profile & analytics
2073 Mayport Rd Jacksonville, FL 32233-1923
- Motels
- 31,268 SF
- 1.13 lot acres
Property ID
US18-0537172
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Candlewood Suites Jacksonville - Mayport, an IHG Hotel / Hotel & Motel
Property Details for 2073 Mayport Rd
- Year built
- 2019
- Construction
- WOOD
- Lot size
- 1.13 lot acres
- Property size
- 31,268 SF
- Zone code
- CCG-2
- Property type
- Motels
- APN
- 169457-0010
- APU
- 1694570010
Description
This exceptional investment opportunity presents the Candlewood Suites Jacksonville-Mayport, a 61-key, three-story, all-suite hotel built in 2019. Located on Highway A1A in Duval County, Florida, this interior corridor property boasts a prime location near Naval Station Mayport, the third largest in the US, and benefits from proximity to several demand generators including Jacksonville University, the University of North Florida, and the expanding Mayo Clinic. The hotel's strategic positioning offers high visibility and significant growth potential. Each of the 61 suites features a fully appointed kitchen, enhancing appeal to a diverse clientele. The property is in excellent condition, maintained through an ongoing capital improvement program. The estimated change of ownership PIP is $50,000+/-. Year-end 2023 financials show strong performance with a Room Revenue of $2,086,728, a NOI of $857,595, and a 9.03% cap rate. Additional amenities include an outdoor pool, fitness center, laundry facilities, outdoor gazebo with grill, 24-hour business center, and a 24-hour convenience store. Nearby attractions include Atlantic Beach (1.2 miles), Jacksonville Beach Pier (5 miles), TPC Sawgrass (12 miles), and the historic St. Augustine (40 miles). The asking price is $9,500,000. This IHG-branded hotel represents a compelling investment with the potential for stable returns and capital appreciation in a high-growth market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.4125
- Latitude
- 30.3431
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$112,833
$492,220
$5,974,780
$6,467,000
-
$492,220
$5,974,780
$6,467,000
