3512 Us Hwy 41, Palmetto, FL 34221 | MLS A4139145 | Listing Information | BHHS Florida Realty

3512 Us Hwy 41,  Palmetto FL, 34221

Status: Sold
MLS#: A4139145
Skip Slideshow
888.534.1116
relopro@bhhsfloridarealty.com
Last Updated: 1/23/2018 1:53 PM
Description for 3512 Us Hwy 41 Palmetto, FL 34221
Motel for sale on US HWY 41 in Palmetto FL. This subject property consists of 84 rooms of which 42 rooms and an owners Apartment and office have been updated. All rooms are set up as efficiencies with a small kitchenette. 42 rooms need a full re model inclusive of roof, and mechanical systems. The Structure is all block with great bones. The subject property also includes a former restaurant space that could be used as additional revenue. The Restaurant space could be converted to a multiple of uses inclusive of a retail store, or additional units. The Little Palm Inn does have a utility room on site and a pool. There is also room for plenty of parking or a possible expansion. The property does need further renovation to obtain its full potential. The Little Palm Inn does have an active Motel license but currently but is currently run as an extended stay motel.
Price
Sold Price:
$1,400,000
Sold Date:06/01/2016
Manatee
A4139145
Closed
Description
Motel for sale on US HWY 41 in Palmetto FL. This subject property consists of 84 rooms of which 42 rooms and an owners Apartment and office have been updated. All rooms are set up as efficiencies with a small kitchenette. 42 rooms need a full re model inclusive of roof, and mechanical systems. The Structure is all block with great bones. The subject property also includes a former restaurant space that could be used as additional revenue. The Restaurant space could be converted to a multiple of uses inclusive of a retail store, or additional units. The Little Palm Inn does have a utility room on site and a pool. There is also room for plenty of parking or a possible expansion. The property does need further renovation to obtain its full potential. The Little Palm Inn does have an active Motel license but currently but is currently run as an extended stay motel.
Listing Information
Property Type: Other
3.18 Acres $0 1957
Neighborhood
Room Information
Exterior / Lot Features
None
Two + to Five Acres
Close to Bus Line
Community Features
Bus Line
Driving Directions
US 41 North Palmetto FL to subject.
Financial Considerations
230920059
$22,052
2015
Market Trends and Price History
Listing Price History

Palmetto Real Estate

Palmetto is located in Florida. Palmetto, Florida 34221 has a population of 13,249.

The median household income in Palmetto, Florida 34221 is $37,976. The median household income for the surrounding county is $49,228 compared to the national median of $53,482. The median age of people living in Palmetto 34221 is 47.5 years.

Loading nearby sales and history ...
Courtesy: Ryan Hoffman - WAGNER REALTY


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
Information is deemed reliable but is not guaranteed.

Ask a Question?
888.534.1116
relopro@bhhsfloridarealty.com


Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time