Homes for sale - 9400 19TH LN, Vero Beach, FL 32966

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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 6,900,000

Est. payment | -/mo

33,158 SqFt

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$ 6,900,000

Est. payment | -/mo

Save Virtual Tour

33,158 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 33,158 sqft

Price per Sqft $208

Subdivision Sixty/95 Comm Park Rep 1 Sub

MLS Listing ID TB8399476

HOA Y/N No

Year Built 1998

Annual Tax Amount $35,006

Lot Size 1.780 Acres

Acres 1.78

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6,900,000Appraised Value: $8,300,000 (Verified)Loan Balance: $4,700,000 (Assumable)Cash Required to Close: Approximately $2,000,000Annual Revenue: $2,000,000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106,000Discount from Market Value: $1.4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region.Key Features:65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business.Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand.Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership.Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers.Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses.Investment Highlights:Priced Below Market Value: Appraised at $8.3 million, available for just $6.9 million – offering immediate equity.Assumable Loan: Existing $4.7 million loan is assumable, minimizing the cash investment required.Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket.Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one.Who This Is Perfect For:Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary:This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today's market.

Location

State FL

County Indian River

Community Sixty/95 Comm Park Rep 1 Sub

Area 32966 - Vero Beach

Zoning CG

Interior

Cooling Central Air

Building

Foundation Block

Lot Size Range 1 to less than 2

Structure Type Concrete

New Construction false

Others

Ownership Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8399476

Listed by IMPACT REALTY TAMPA BAY

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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9400 19TH LN Vero Beach, FL 32966