Holiday Isles 29 Key Motel Redevelopment Site

Madeira Beach, Florida, US, ID 218244

Holiday Isles 29 Key Motel Redevelopment Site 1
Holiday Isles 29 Key Motel Redevelopment Site 1
Asking price:
On request
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Description

Holiday Isles is a 29-room motel located directly along the primary beach corridor in Madeira Beach and situated across the street from the Gulf. Positioned on approximately 0.67 acres, the property offers immediate hospitality income along with redevelopment potential of up to 40 units per acre, subject to municipal approval.Constructed in 1958, the two-story property encompasses approximately 14,950 square feet and features a spacious lobby and front desk area, heated swimming pool, sun deck, tiki hut area, commercial and guest laundry facilities, and large balconies overlooking tropical landscaping. The property also includes a newer shingle roof installed in 2018 and provides more than 30 off-street parking spaces. Guest rooms are equipped with modern amenities including flat-screen televisions and WiFi access.Guests benefit from dedicated beach access and are located within a five-minute walk of Madeira public beach. The motel is also positioned near local restaurants, the Suncoast Beach Trolley route, and approximately one and a half miles from John’s Pass, supporting consistent tourism activity throughout the year.Investors may continue operating the established tropical hospitality property or pursue redevelopment opportunities on this large beach corridor parcel. This represents an opportunity to acquire an income-producing property with future upside in a prime Gulf Coast location.

Details

Real Estate: Lease

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