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Sold for $1,067,000 on 02/26/24
  • $1,067,000

    3311 Us Highway 41 N, Palmetto, FL 34221

    3beds
    0baths
    2,250sqft
    Unknown
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $474/sqft
    $2,262 Estimated rent

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    $2,262/mo

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    $2,262/mo

    Rent Zestimate®

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    $6,968/mo

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    $6,968/mo

    Est. payment

    What's special

    Mom and pop motel located on 3+ acres at US 41 N/US 19 junction in Palmetto in Manatee County. Zoned NC-M/RDD. Good traffic count. Minutes from the Sunshine Skyway Bridge, I 275 and US 301. County water/sewer. Easy access from US 41 N or 33rd St. Property consists of an 8-unit 50's style traveler's motel with separate managers unit, with vacant land in the back surrounded by palm and oak trees. Continue with motel business and maximize income by making use of market rates and developing back half of property, or have the buildings removed and build exactly what you need. Lots of possibilities. Buildings have been improved over the years but are being sold "as is" (with the exception of the roofs which are being replaced due to Ian). The real value is in the land. Lots of growth in the area including new upscale rv parks to the north and an industrial park to the south, and plans have been approved for the development of the acreage directly across US 41. Just a short drive to the Sunshine Skyway Bridge and the Green Bridge, I 75, Seaport Manatee, the Bradenton Area Convention Center and LECOM Park, and centrally located to Anna Maria Island, beaches, fishing piers, museums, restaurants and shopping. $1,100,000. Reasonable offers considered.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Other
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco, Brick, Cement / Concrete
    Lot
    • Size: 3.17 Acres
    Details
    • Parcel number: 2384600009

    Construction

    Type & style
    • Home type: Unknown
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1954

    Community & neighborhood

    Location
    • Region: Palmetto