Land For Sale 8± Acres @
The 1st Exit in Florida off I-95
(sold separately, details below)

Florida Hotel For Sale

100 Guest Rooms +
Liquor Bar + Restaurant

Sale Price $3,500,000

Located at the 1st Exit in Florida off I-95


Florida Hotel
852374 US HWY 17
YULEE, FL 32097
Want To Buy The Best Real Estate Investment in Florida?
You found it, Florida is the #1 Tourist Destination and this Property is located at the 1st Exit in Florida off the I-95 Highway. If you are looking for a safe real estate investment that includes multiple sources of revenue, this is the perfect opportunity for you.
1. ALL Cash

BUY THE HOTEL ONLY
With 100 Guest Rooms

$1,800,000 ALL CASH
= $18,000 per room

DUE TO THE AMOUNT OF INTEREST RECEIVED, 
PLEASE INCLUDE PROOF OF FUNDS WITH YOUR EMAIL OFFER. 
Thank you for understanding. 
Bar & Restaurant Not Included

2. Owner Financing Option

BUY THE HOTEL ONLY
With 100 Guest Rooms
OWNER FINANCING TERMS:
$1,999,999 TOTAL PRICE
10% Down Payment =$199,999
5% INTEREST ONLY PAYMENTS FOR 5 YEARS
The Price is Negotiable with a Larger Down Payment.

DUE TO THE AMOUNT OF INTEREST RECEIVED, 
PLEASE INCLUDE PROOF OF FUNDS WITH YOUR EMAIL OFFER. 
Thank you for understanding. 
Bar & Restaurant Not Included

3. Lease To Own Option

LEASE HOTEL ONLY 
5 YEAR NNN LEASE TERM:
$120,000 YEAR PREPAID

NO SECURITY DEPOSIT REQUIRED
NO COMMISSION TO PAY
NO SEVERANCE PAY

NO PAYMENTS FOR 90 DAYS (RENOVATION TIME) 
You Must Have Proof Of Funds Showing Minimum of $200,000. 

Frequently Asked Questions:

1. Can you email me financials?
You can view financials on this website.
The property has been closed since 2019.
The hotel license expired 06/2019. You can apply for a new FL license after renovating. I will be glad to show you how easy the process is.

2. Why is the hotel closed?
The owner relocated and is not interested in managing the business.

3. How do you schedule a showing to visit the property? 
The owner has relocated but can provide permission to visit the property. Please email your drivers license and your expected visit date to obtain permission to visit the property, otherwise you will be trespassing. Viewings are Not Available on Friday or Saturdays.
You are welcome to conduct a drive-by without notifying me, however you are not permitted on the property grounds without permission.
Thank you for understanding :)

4. How far is the Beach?
Fernandina Beach is 20 minutes by car.

5. How far is the closest airport?
Jacksonville International Airport (JAX) is 15 minutes away by car.

6. What is the estimated renovation budget needed to re-open?
My personal estimated cost to re-open independently is $5,000 per room. A quality franchise will cost upwards of that.
Some rooms are in great condition, others need full renovation.
The property was last renovated in 2015 but will require it again.

7. Is the hotel Franchised or Independent?
The hotel is Independent.
It comes with no management or franchise agreements.

8. What Franchise is available?
Choice Hotels has visited the property and offered a Clarion Inn or Comfort Inn franchise at this location.
Wyndham offered Days Inn, Super 8 + more.
Best Western offered Surestay.
Motel 6 may still be available.
Red Roof Inn may still be available.

9. How is the neighborhood?
This location will only increase in value as traffic continues to grow.
Millions of cars commute past this hotel annually using the I-95 Hwy.
Please click the link below to download the county approved plans for this exit. Nassau County, FL has approved 24,000 acres to be redeveloped and this property is in the middle of that development.

10. Is the sale price negotiable?
Everything in life is negotiable :)
Just don't expect the "Full Package" if you negotiate.
I have priced the property to be the lowest priced hotel on a per room basis in Florida. Comparable hotels have sold for up to $70,000 per room in the last 6 months. The land alone is worth $4,000,000 and is only expected to increase in value as developers get closer to this exit.

11. Is owner financing available?
Not at the current sales price.
If you require the owner to act as your mortgage lender then the sale price will be $5M. If owner financing is offered you will need 20% minimum for a down payment. If you require owner financing for longer than 5 years the sales price and interest rate offered will be higher.
Clear title will be given after the balance due has been paid in full.

12. Will you consider a partnership?
No thanks. You should have contacted me earlier :)

13. Can you lease the hotel?
Yes for $25,000/monthly with a NNN lease.

14. Can you hold this property for me?
No, the property will be sold on a first come first serve basis.

15. Can you buy the hotel turnkey ready?
Yes just pay twice the sales price. The whole point of selling it below market price is to give the buyer the opportunity to add value.

16. What is needed to re-open?
I do not have a clear answer since I am not there to inspect the premises etc. The property was last renovated in 2015 and left turnkey ready in 2019. It is now in need of renovations again. You will need an honest contractor and the funds to get this project done.

17. How long will it take to reopen?
I can probably reopen the property within 6 months but I also know the property better than you. You should give yourself 6-12 months to allow renovations to take place.

18. Can you train me to run the property?
If you close on this deal within 60 days from first contacting me, I can fly there for a week to show you how everything runs. You may have experience with hotels but every property is unique. My knowledge and experience can have you turn a profit much quicker than figuring it all out on your own, especially if you are from out of state or abroad.

19. Can you buy the property and run it as an absentee owner?
I do not recommend this option unless your staff is trained and systems are in place to prevent theft etc. Otherwise, I would have done this :)

20. How much money can you earn annually?
You can earn enough to retire early and live in any city in the world you desire.

21. Can we speak on the phone?
Yes but first please email me proof of funds and your contact info.
I receive numerous calls & emails weekly from tire kickers :)
I will only speak to qualified buyers. Thanks for understanding.

22. Can I email you questions?
Yes but please check this website first as it answers most FAQ.

23. How do you buy this property?
Email me your offer with proof of funds.
If your offer is accepted the next step is to pay a 5% deposit.
My FL licensed lawyer will draft all the closing paperwork.

24. How long is the due diligence period?
Due to the demand for this property please conduct all due diligence prior to a sales contract being drafted. I will not take it off market without a deposit paid in full.

25. Does the property have clear title?
Yes

26. Would you consider trading for a yacht?
Yes as long as the value is substantially higher than the hotel.
I can learn to be a captain :)

27. What forms of fiat payment are accepted?
Dollars, Euros, Pounds, Yen, Swiss Francs, Shekels

28. Will you accept cryptocurrency as a form of payment?
Yes

29. Will you accept stock as a form of payment?
Maybe, email me the ticker symbol for a response.

30. Can you convert the hotel to multifamily?
Yes but I think the zoning department has requirements. I suggest to run it as an extended stay property to avoid the eviction process etc.
Based on nearby rentals you should get $600-700 month per room.

31. Is their a demand for affordable housing in the area?
Yes, refer to answer #40.

32. What other businesses can you open onsite?
You can expand by offering RV parking or build a gas station catering to trucks. There is room to open a liquor store onsite and use the existing 5COP liquor license. Some rooms could be turned into retail on the ground floor facing the I-95 Hwy.

33. What is the current zoning?
CHT - Commercial Highway Tourism which allows for a wide range of uses.

34. Is the 5COP liquor license valuable?
The 5COP liquor license included with the property sale is valued at $250,000 alone. It is active and can be transferred to the new buyer after passing a background check. It allows for on premise and off premise consumption.

35. What is the value of the bar and restaurant building?
The 10,000 square foot building with the red slanted roof contains the liquor bar, restaurant, kitchen, restrooms, lobby and offices. Replacement value is estimated to be $1,200,000.
I am including it with the current sales price at no additional cost.

36. How do you know demand exists for a hotel there?
Millions of cars drive past this hotel annually. It is at the 1st Exit in FL off I-95. The Ritz Carlton Amelia Island & Omni Amelia Island Resort which are 1 exit south both employ over 500 hospitality workers.
Marriott Fairfield Inn & Hilton Hampton Inn are both currently under construction 1 exit south of this hotel. They conducted multiple feasibility studies before investing millions into new construction.

37. What is the Average Daily Rate?
$111

38. What is the Occupancy Rates?
76.6%

39. What is the RevPAR?
85.43

40. Do you have any STR report to review?
Yes it is recent as of September 2021.

41. Will the asking price be reduced if I wait?
No, the sales price will only increase as more development occurs nearby.

42. Do you work with Brokers or Realtors?
I prefer to sell directly to the buyer at this time.
If you have a qualified buyer who wants to deal with you only then inform them that the sale price is $3.7M or just ask them for compensation.

43. Why have you not responded to my offer?
You probably did not get a reply to your emailed offer because you did not provide proof of funds. Acceptable proof of funds must be from a recognized financial institution. I also don't reply to Low-ball offers :)
Response times to offers are usually within 72 hours.

44. Can I buy the land excluding the hotel?

45. Can you subdivide the land?
Yes, you can buy 1-8 acres @ The 1st Exit in Florida off I-95 Hwy.

46. What are the hotel property boundaries?
The hotel property boundaries are shown in an aerial image below with the boundary lines drawn in color red.

47. What are the boundary lines for the separate 8 acres for sale?
The land with 8 Acres boundary lines are in the red color below.
This parcel @ The 1st Exit in Florida off I-95 is perfect for a large corporation like Walmart, Best Buy, Carmax, Google, Apple, or IBM.
Current CHT Zoning allows for a wide range of retail purposes.

48. What does the 8 acres for sale include?
The 8 acres of land includes 2 separate hotels totaling 156 guest rooms + liquor bar + 5COP liquor license + restaurant/kitchen + 2 outdoor pools. Combined it would make for a beautiful Florida Resort or corporate retreat.
Do you want only the land?  Then just clear the buildings and build new custom structures that would be the first property in FL off I-95.

100 Room Hotel Boundary Lines

8 Acres of Land Boundary Lines


Common Amenities Onsite Could Include:

Outdoor Pool
Full Liquor Bar 
Casino Slot Machines 
Restaurant Onsite
Laundry Facilities
BBQ  Area
ATM Banking
Grocery Delivery

Start Living
The American Dream!

Minutes From Jacksonville  Airport 

Recent New Development Nearby

New Health Facilities & Businesses

Raise Your Family Right in the Heart of Beautiful Florida.
Enjoy the Security and Convenience of Living near Florida's Beach Community!
Outdoor Inground Olympic Size Pool with Large Palm Trees and a Great Picnic Area...
Relax & read a book 
Reception Area
This Property is Close to EVERYTHING, the Most Convenient Location in All of FL!
Just Moments to Walmart, Target, Shopping, Supermarkets, Theaters, Dozens of Restaurants and the I-95 Expressway...
Drive to the Beach it's so close!
Just a short drive to Walmart, Target, Kohls and TONS MORE...
There is Always Something to Do Around the Corner at the Historic Fernandina Beach District in Downtown Amelia Island...
Imagine Living So Close to Everything You and Your Family Love...
Close to  Fort Clinch State Park and near the Official Florida Welcome Stop
Enjoy Florida low cost living
Take Your Family to Nearby Fort Clinch State Park, or Enjoy the Neighborhood's Ponds...
Coffee area

Great outdoor area for playgrounds & BBQ.
A Deluxe King Room!
Balloon Gifts from a happy guest!
Last renovated in 2015
Renovation needed again
Beautiful nature nearby to relax stress-free...
View from the balcony
Outdoor Space for Picnic & BBQ
The 3rd bedroom is a good size with a walk in closet...
Wonderful breakfast area with lots of great windows!
Lots of counter space and room to hangout in both the kitchen and dining areas... 
Kitchen has room for your dining table, as well as bar stools for extra seating...
Who doesn't love extra tall ceilings in the living room?
Beautiful scenery located minutes away!
Jacksonville Airport -12 miles away
Property Taxes are $5,083 annually
Recent Development 1 Exit Away
1 exit away @ Exit 373
1st Exit in Florida off I-95 Hwy
One of a kind location
The BEST location in Florida
We Know You're Going to Love it Here!
Your family will enjoy every second of living in Sunny Florida!
Low Monthly Costs
Simple & Low Cost To Operate
The Price, Terms & Offer Are Subject To Change
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