317 N Byron Butler Pkwy Perry, FL 32347
For Sale
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This exceptional investment opportunity presents a 33-room vintage Florida motel ideally situated at the intersection of Historic Highway 19 and Main Street in Perry, Florida. Boasting a prime location with a daily traffic count of 10,625 vehicles on Highway 19, this property offers significant potential for a savvy investor. The motel, built in 1954, retains its Old Florida charm while benefiting from its high-traffic location, just 55 miles south of Tallahassee and 166 miles from Tampa. This makes it a strategic location for tourists and corporate travelers alike, utilizing the heavily trafficked Highway 19 corridor. The property encompasses 2.86 acres and includes three buildings: two main buildings, each approximately 4,700 square feet, and a third, 1,728-square-foot building at the west end of the property, currently unusable. The total square footage is 11,166. An on-site office is also included. The property is commercially zoned and enjoys convenient proximity to downtown Perry. 2020 annual property taxes were $6,146. Net operating income (NOI) information is available upon request for qualified buyers. Owners are offering partial financing with 35% down at closing. In-person tours are available for well-qualified buyers. This is a rare chance to acquire a piece of Florida history with substantial income potential.
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Skylark Motel Perry FL Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.