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.
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
Owner options
What's special
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