17
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$6,900,000
Est. payment /mo
33,158 SqFt
New
9400 19TH LN Vero Beach, FL 32966
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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
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by IMPACT REALTY TAMPA BAY