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Property Photos
701 Fletcher Avenue701 Fletcher Avenue
    MLS#: U7846779 ( Commercial )
  • Street Address: 701 Fletcher Avenue
  • Viewed: 16
  • Price: $12,900,000
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 104583
  • Days On Market: 18
  • Acreage: 3.44 acres
Comments
  • Deal of the year! Current owner converted Days Inn into Palms Inn, a short term stay hotel giving you an investment with a very stable income and cap of 17%!! We are at 100% occupancy!! Tenants pay $195/week and/or $750/month for single tenants, $250/week and $950/month for double tenants. Unbeatable location!! Directly off of I 275, 2 miles away from USF, Moffit and the VA and just a short drive to Orlando or the area beaches. Not to mention the Tampa area theme parks and attractions. This hotel brings in $2,000,000 per year as income after all costs. Don't miss out!!
  • Features
    Availability Com
  • For Sale
  • Country
  • United States
  • Driving Directions
  • Take I 275 toward Fletcher Ave. Exit heading toward USF. The Palms Inn is on the corner where I 275 exits and Fletcher Ave.
  • Flood Zone Panel
  • 12057C0204H
  • Last Change Type
  • New Listing
  • Latitude
  • 28.068267
  • Legal Description
  • NORTH TAMPA HEIGHTS LOT 2 LESS R/W FOR SR 93 & LOT 3 LESS S 30 FT & LESS R/W FOR SR 93 BLOCK 1
  • Listing Sale Type
  • Other
  • Longitude
  • -82.453586
  • Lot Size (SqFt)
  • 149685
  • LP (SqFt)
  • 123.35
  • Lsc List Side
  • Pinellas Suncoast
  • Net Leasable Sq Ft
  • 104583
  • Parcel Number
  • U-12-28-18-0TD-000001-00002.0
  • Photo Count
  • 11
  • Plat Book Page
  • 3-73
  • Postal Code + 4
  • 2611
  • Property Style Com
  • Motel/Hotel
  • Property Type
  • Commercial
  • Property Use
  • RETAIL COMMERCIAL
  • Representation
  • Seller Represented
  • Section
  • 12
  • Special Sale Provision
  • None
  • Square Foot Source
  • Public Records
  • Tax Year
  • 2017
  • The Range
  • 18
  • Trans Broker Comp
  • 2%
  • Views
  • 16
  • Zoning
  • CN