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9400 19TH LN Ln, VERO BEACH, FL 32966
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$6,900,000
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Home Details for 9400 19TH LN Ln
Price
$6,900,000
Type
Commercial/Industrial
Year Build
1998
Sq. Ft.
33158
Lot Size
1.78
County
Indian River
Tax
$35,006.45
MLS®️ Listing#
TB8399476
On exitrealty.com
145 days
Property Description
FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6,900,000Appraised Value: $8,300,000 (Verified)Loan Balance: $4,700,000 (Assumable)Cash Required to Close: Approximately $2,000,000Annual Revenue: $2,000,000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106,000Discount from Market Value: $1.4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region.Key Features:65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business.Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand.Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership.Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers.Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses.Investment Highlights:Priced Below Market Value: Appraised at $8.3 million, available for just $6.9 million – offering immediate equity.Assumable Loan: Existing $4.7 million loan is assumable, minimizing the cash investment required.Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket.Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one.Who This Is Perfect For:Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary:This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today’s market.
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Listing Courtesy: IMPACT REALTY TAMPA BAY - 813-321-1200
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-06-21 23:31:40
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$6,900,000
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EXIT RIGHT REALTY
2036 14th Ave Ste 103, Vero Beach, FL 32960