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2831 Reynolds Drive, Fort Pierce, FL 34945

$4,800,000

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List Price: $4,800,000
MLS#: B26098190
Status: ACTIVE
Type: Commercial

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Property Description

72-room limited-service hotel in Fort Pierce, offered as a going concern with the real estate, business, FF&E, and licenses. Fee simple; land and building owned, no ground lease. Two-story, exterior-corridor building, built 1993, on 2.07 acres, with an outdoor pool and spa, lobby, and breakfast area. Located just off Okeechobee Road (SR 70), between the I-95 and Florida's Turnpike interchanges, among fuel stops, restaurants, and other hotels. Operates under a national franchise; owner reports it transfers, subject to franchisor approval and any PIP. Priced under the SBA 7(a) $5 million loan limit. Financials available upon request with a signed Confidentiality Agreement.

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Additional Information

Days on Market: 1
Tax Amount: $121,186
Parcel Number: 232471000040009
Lot Size: 90,169
Address: 2831 Reynolds Drive, Fort Pierce
Year Built: 1993