21380 US HWY 27, Lake Wales, FL 33859
21380 US HWY 27, Lake Wales, FL 33859
21380 US HWY 27, Lake Wales, FL 33859
21380 US HWY 27, Lake Wales, FL 33859
21380 US HWY 27, Lake Wales, FL 33859
21380 US HWY 27, Lake Wales, FL 33859
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$ 2,555,000
Est. payment | /mo

32,587 SqFt


$ 2,555,000
Est. payment | /mo

32,587 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 32,587 sqft

Price per Sqft $78

MLS Listing ID O5928480

HOA Y/N No

Total Fin. Sqft 3027

Year Built 1959

Annual Tax Amount $13,887

Tax Year 2020

Lot Size 8.840 Acres

Acres 8.84

Property Sub-Type Hotel/Motel

Property Description

Green Gables Inn consists of 56 Units sitting on approximately Nine (9) acres and has access to a 60 acre lake in the backward portion of the property. The property is a single-story facility and is spread among three (3) living buildings and one (1) main office. The property has A large swimming pool along with tennis courts. The interior of the room has been updated two (2) years ago with new furniture, mattress, and carpet. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility. You can also change the zoning to build up to 175-200 apartment on the 9 acres of land. Local mall, stores and restaurants are easy to get to in a few miles radius. Must see to expand a vision of income earning.

Location

State FL

County Polk

Area 33859 - Lake Wales

Exterior

Water Access Yes

Water Access Desc Lake

Building

Entry Level One

Lot Size Range 5 to less than 10

Sewer Public Sewer

Structure Type Block,Stucco

New Construction No

Others

Tax ID 27-29-27-000000-044050

Ownership Corporation

Security Features Fire Alarm

Acceptable Financing Cash, Conventional

Virtual Tour 2 https://www.propertypanorama.com/instaview/stellar/O5928480

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O5928480

Listed by FLORIDA HOMES REALTY & MTG

Nearby Locations

Hilary Cox
Hilary Cox

Broker Associate License ID: 156992

+1(253) 258-1029 | hilarycox@hawkinspoe.net

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21380 US HWY 27