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Listed by:

Viewpoint Realty International

Holiday Isles 29 Key Motel Redevelopment Site For Sale

Madeira Beach, Florida, US
Asking Price:
$6,700,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Holiday Isles is a 29 key motel located directly on the main beach thoroughfare in Madeira Beach and across the street from the Gulf. Situated on approximately 0.67 acres, this hospitality property offers immediate operating income with strong redevelopment potential of up to 40 units per acre, subject to city approval.

Built in 1958, the two story building totals approximately 14,950 square feet and includes a spacious lobby and front desk area, heated swimming pool, sun deck, tiki hut area, commercial and guest laundry facilities, and spacious balconies overlooking tropical grounds. The property features a newer shingled roof installed in 2018 and provides more than 30 off street parking spaces. Each unit is equipped with modern amenities including flat screen televisions and WiFi.

Guests enjoy dedicated beach access and are within a five minute walk to the Madeira public beach. The property is also located near restaurants, the Suncoast Beach Trolley route, and approximately one and a half miles from John’s Pass, enhancing year round tourism demand.

Investors may continue operating the established tropical resort or explore redevelopment options on this over half acre beach corridor site. This is a rare opportunity to secure a large parcel with income and upside in a prime Gulf Coast location.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

29 motel guest units.

Location:

Located directly on the main Gulf Blvd corridor in Madeira Beach across the street from the beach with dedicated beach access.

Premises Details:

Two story motel totaling 14,950 square feet with 29 units, heated pool, tiki hut area, commercial and guest laundry, spacious lobby, balconies, newer 2018 roof, and 30 plus parking spaces on approximately 0.67 acres.

Size in square feet:
29 motel guest units.
Planning Consent:

Hospitality use in place. Buyer to verify redevelopment density and approvals with local authorities.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Possible redevelopment site allowing up to 40 units per acre subject to city approval. Opportunity to continue operations or redevelop for higher density use.

Competition / Market:

Positioned in a high demand Gulf Coast tourism market with strong beach visibility and walkable access to restaurants and attractions.

Years established:
68 Years