Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1998
Sq.Footage
33,158
FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6,900,000Appraised Value: $8,300,000 (Verified)Loan Balance: $4,700,000 (Assumable)Cash Required to Close: Approximately $2,000,000Annual Revenue: $2,000,000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106,000Discount from Market Value: $1.4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region.Key Features:65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business.Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand.Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership.Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers.Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses.Investment Highlights:Priced Below Market Value: Appraised at $8.3 million, available for just $6.9 million – offering immediate equity.Assumable Loan: Existing $4.7 million loan is assumable, minimizing the cash investment required.Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket.Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one.Who This Is Perfect For:Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary:This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today’s market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.78
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$6,900,000
-
Tax Amount
35006.45
-
Sq. Footage
33, 158
-
Price/SqFt
$208
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Ownership
Other
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Location
County
Indian River
Elementary School
Middle School
High School
Listing Courtesy of Saurabh Patel , IMPACT REALTY TAMPA BAY
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