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$2,124,999

  • Sold
  • Closed
  • Commercial Residential Facility
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**Please Read in Entirety** Motel Only Sale. Annual Gross Is $340,000-$350,000. Owner Financing Possibility With $600,000 Down and 1 Year Balloon, Or $750,000 Down and 2 Year Balloon. 15 Renovated Units Plus A 1Bd, 2Ba 1300 Square Foot Owner/Manager Living Area With Full Kitchen, Living Room and Pantry. Motel and Adjacent Vacant Lot Selling For $3,499,000 (Owner Financing Only Option For Motel and Land Combined Is With $900,000 and A 1 Year Balloon) Giving A Combined 2.7 Acres. Motel Was Completely Renovated From Studs To Rafters After Hurricane Michael. All Rooms Are Newly Furnished. Lobby Has A Managers Office, Full Laundry Room, Soda and Vending/Ice Machine. All Information Is Approximate and Should Be Verified By Buyers If Important.

Full Property Details for 8010 W Hwy 98

General

  • Sold For: $2,124,999
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: Bay_County
  • MLS ID: 736346
  • Added to Site: 1, 136 day(s) ago

Location

  • County: Gulf
  • Subdivision: No Named Subdivision
  • Driving Directions: HWY 98 EAST TO MEXICO BEACH AND THE FORGOTTEN COAST INN WILL BE ON THE LEFT

Community

  • Community Name: 07 - Gulf County

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Window Unit(s), WallWindow Unit(s)
  • Heating Type: Central, Electric

Structural Information

  • Construction: Block, Concrete
  • Roof: Shingle
  • Windows: Storm Window(s)
  • Stories/Levels: 1
  • Year Built: 1959
  • Other Struct. Feat.: Office, Private Restrooms, Public Restrooms

Additional Structures

  • Other Structures: Living Quarters

Lot Features

  • Lot Size (Acres): 2.73
  • Zoning: Commercial, Resort

Financial Considerations

  • Terms: Cash, Conventional, Owner May Carry

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: S 5 T 7 R 11 370 FT US 98 FRONT; 332 DEPTH ORB 192/25 FR CRAWFORD MAP# 17A
  • Property ID: 03973-055R

Listed and Sold by RE/MAX Freedom

Listing agent

— 8010 W Hwy 98 —

  • RE/MAX Freedom

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8010 W Hwy 98

School District:Gulf County School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8010 W Hwy 98

Date
Details
Price
Change
Source
6/26/2023
Sold
$2,124,999
-9.57%
MLS
3/11/2023
Price Reduced
$2,349,999
-32.84%
MLS
1/12/2023
Listed
$3,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by RE/MAX Freedom

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8010 W Highway 98, Port Saint Joe, FL 32456 (MLS# 736346) is a Commercial Residential Facility property that was sold at $2,124,999 on June 26, 2023. Want to learn more about 8010 W Highway 98? Do you have questions about finding other Commercial Residential Facility real estate for sale in Port Saint Joe? You can browse all Port Saint Joe real estate or contact a Coldwell Banker agent to request more information.