4520 Gulfstream Drive, Naples, FL
Hotel for Sale - $4,500,000 - 6,029 Sq. Ft.
Agent Info
Paul Cestaro Coldwell Banker Realty |
Property Info
CIMLS# | 1171903 |
Location 4520 Gulfstream Drive Naples FL 34112 | |
Updated | February 19th, 2025 |
Type | Hotel |
Price | $4,500,000 |
Building | 6,029 Sq. Ft. |
Property Description
Rare find Motel just minutes from world famous downtown Naples 5th avenue and the beach. This is your chance to operate a fantastic virtually absentee 14 Unit motel consisting of 14 fully renovated units consisting of 4 large 1 bedroom and 10 efficiency suites all with fully Kitchens and New designer baths. Property presently has long term tenants in place. A virtual cash cow with a 5.7% Cap rate current tenants are paying cash rent on a weekly basis.
Licensed for "Air BNB" this Motel can be easily converted to "Air BNB" and or daily resort rental which would dramatically increase revenue and present a possible 10% + Cap rate.