This offer expires 9/30/24
Florida Hotel For Sale
56 Rooms with Apartment
Buy The Hotel, Fix It & Sell It!
Invest Now & Retire Early!
100% Financing!
+ No Payments for 6 Months!
Hotel can pay for itself after renovating & running!
Live and Work in Florida!
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
You found it, Florida is the #1 Tourist Destination and this Property is located at The First Entrance into 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.
Near Beaches & JAX Airport
Address:
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
Frequently Asked Questions:
1. What is the sale price?
100% Financing Available!
+ No Payments for 6 Months!
100% Financed Sale Price = $2,800,000
Price is Negotiable if buyers pays a minimum 10% down payment.
Hotel can pay for itself after renovations & re-opening.
Seller is offering Flexible Payment Terms!
The current offer includes:
56 Rooms on 1.02 Acre Land
Franchise is required for 100% financing.
Property Taxes are $4,000 annually
Address:
Exit 380 off i-95 @ The 1st Entrance into Florida!
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
The prices, terms and offers are subject to change at any time.
This offer expires September 30, 2024. Final Call for Offers.
__________________________________________
2. Ready to Buy The Hotel?
Please drive by the property to confirm you are satisfied.
We are no longer scheduling showings. Hotel has blue roof color.
Property Address:
Exit 380 off i-95 @ The 1st Entrance into Florida!
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
Next Step....
Your proof of funds is necessary to prove you have sufficient funds to renovate and re-open the hotel (it is closed since 2019).
Proof of funds must be from a recognized financial institution such as a bank statement or brokerage statement.
3. How to Schedule a phone call?
Email proof of funds prior to requesting a phone call. Required.
A phone call will only be scheduled after we receive your email with proof of funds and verify you as a qualified buyer.
Thank you for understanding.
4. What is not included in the sale price?
Renovations are not included. Sold As-Is.
Franchise is required (Choice, Wyndham, Red Roof Inn etc.)
Real estate taxes (currently $4,000) are buyers responsibility.
All insurances is buyers responsibility.
5. Are financials available to review?
No. This is a pre-revenue sale.
Please review the proforma figures shared on this page to estimate future expenses.
6. How to schedule a showing?
We are not scheduling any further showings at this time.
The property is priced accordingly and full renovation is needed.
You are welcome to drive-by the hotel:
Hotel has blue roof color.
Address:
Exit 380 off i-95 @ The 1st Entrance into Florida!
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
7. How much are full renovations estimated to cost?
Our estimate is an opinion and not based on any assessment.
You should budget minimum of $10,000 per room to re-open.
All electrical, plumbing, HVAC, roofing etc will need to be replaced.
Property is closed since 2019.
8. Do you have current photos?
No. All past photos were taken in 2019.
I suggest conducting a drive-by.
Property Address:
Exit 380 off i-95 @ The 1st Entrance into Florida!
852380 US HIGHWAY 17
YULEE, FLORIDA 32097
The city of Yulee, FL is one of Florida's fastest growing cities.
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.
Nassau County, FL has approved 24,000 acres to be redeveloped and this hotel is in the middle of that development.
10. How much are monthly payments?
This will be determined after reviewing your proof of funds, experience and franchise agreement. We offer Flexible Payment options.
11. How far is the closest airport?
Jacksonville International Airport (JAX) is 15 minutes away by car.
Jacksonville International Airport (JAX) is 15 minutes away by car.
13. How large are the rooms?
All room sizes are 12 feet wide X 24 feet length = 288 square feet
The dimensions include the restroom.
All room sizes are 12 feet wide X 24 feet length = 288 square feet
The dimensions include the restroom.
14. What is the current condition of the hotels?
We do not have any assessment of work needed so we assume it needs everything replaced. It requires a full renovation to re-open.
The property is being sold in as-is condition.
15. Can I buy the hotel fully renovated?
No, all renovations are buyers responsibility.
16. What common amenities can be onsite?
Outdoor Pools
Laundry Facilities
Breakfast area
Conference room
BBQ Area
ATM
Grocery Delivery
17. Does the property have any violations or liens?
No. Please view the photo below the FAQ.
18. Do you have a STR Trend Report for review?
Yes, just email me and ask for it :)
I also have approved development plans for the surrounding area.
19. Can I get a mortgage on the hotel?
Yes, after you have paid off the full balance owed.
20. Is the sales price negotiable?
Yes but only if you pay a minimum 10% down payment.
21. Does the property have manager apartment?
Yes, there is 4 bedroom apartment separated from guest rooms.
22. What airport is closest?
JAX Jacksonville Airport is 20 minutes away by car.
How do you know demand exists for hotels there?
This hotel is The 1st Hotel in Florida off i-95 highway.
Millions of cars drive past this hotel annually.
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. You may also order your own independent feasibility study.
How far is the Beach?
Fernandina Beach / Amelia Island is 20 minutes away by car.
Fernandina Beach / Amelia Island is 20 minutes away by car.
The Ritz Carlton & Omni Amelia Island Resort are located there.
Is this offer a scam?
No. If you are skeptical then hire a lawyer to conduct your due diligence. This offer really is too good to be true.
Why should you invest?
Florida has the hottest housing market in 2024.
This is your best chance to safely earn a high rate of return.
This is A Once In A Lifetime Opportunity!
Nearby Development
15 Minutes From Jacksonville Airport
New Development Nearby
Past Photos - Full Renovation Needed
Minutes away from Walmart, Target, Shopping, Supermarkets, Theaters, Restaurants etc.
Full Renovation Needed
56 room exterior
Beaches nearby
lobby
Coffee area
Great outdoor area for playgrounds & BBQ.
king room
Balloon Gifts from a happy guest!
Double Queens Beds
King room
Bar (not included)
Bar (not included)
Jacksonville Airport -12 miles away
Double Room illustration
Bathroom illustration
Dining Area illustration
Recliner illustration
Double Beds illustration
Kitchenette illustration
room illustration
Bathtub illustration
Dresser illustration
Pool illustration
BBQ area illustration
1st Exit in Florida off I-95 Hwy
Minutes away from JAX Airport
Safe Investment
Your funds will be secured with real estate
Bitcoin Accepted
Invest using fiat or cryptocurrency.
The Price, Terms & Offer Are Subject To Change
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