Listing IDT3436541
Price$1,297,900
StatusActive
SqFt
1,976
Acres
0.260
CountyHernando
SubdivisionWeeki Wachee Gardens Un 5
Year Built1967
Property TypeBusiness Opportunity
Property Sub TypeHotel/Motel
Turn Key, Year Round Vacation Resort with 5 Waterfront, Fully Furnished Suites PLUS adjoining buildable residential lot on highly sought-after Spring Fed Canal. 2 Lots in this Package! This is a Rare Gem situated on over 60’ of Waterfront; 1300 ft/a short paddle to the crystal clear waters of the main Weeki Wachee River and the famous submerged sink hole & dive site called Hospital Hole. Real estate on this 7.5 mile river is limited, making this a premier location.
Each suite is uniquely appointed, fully furnished and equipped with keypad entries, kitchen appliances, stocked with cook and dishware, and plenty of stock to easily turnover between guests.
All property conveys with sale including Tiki Hut, Outdoor & Indoor Furnishings, Kayaks, Paddleboats, Water Trampoline, Fishing equipment, Crab Traps, Security Cameras, Oversized Shed with inventory. Other Amenities include 3 Docks, a Firepit, Painting Station, Games, decorative outdoor Wishing Well, Laundry Room w/ 2 Washers & Dryers, Outdoor Sink and Shower, abundant on site Parking.
This area, the "Nature Coast" or "Adventure Coast" is one of Florida's best kept (but emerging) Secrets - attracting tourists seeking authentic experiences, a retreat from the hustle and bustle of city life and the opportunity to respectfully visit manatees, dolphins, and turtles in their natural habitat.
Nearby attractions include the famous mermaids at Weeki Wachee Springs State Park, Pine Island Beach, and local Restaurants, Bars, Live Music, Diving, Scalloping, Boat and Manatee Tours. Property is within 1 hour of Tampa, St Pete, Clearwater, Tarpon Springs, Crystal River, Homosassa, The Villages, and an 1.5hr to Orlando.
The Property is operating as a short term rental with reservations mostly from Airbnb. Superhost with many positive reviews, future reservations, returning guests, and a large community following. Infinite opportunities for growth by diversifying booking sources with a multi-channel site and tapping into other profit avenues beyond rental income to enhance guests' experience! Expand to the attached lot with an office, gift shop, or home.
With the vacation rental industry still growing and theme parks showing a huge boom this year, it is the perfect time to buy in this area and whether you are near or far, this is easy operate and scale. Buyer to verify all.
County
Hernando
Price Before Reduction
1650000
Price Reduction Date
2023-04-27T17:05:19+00:00
Property Sub Type
Hotel/Motel
Property Type
Business Opportunity
Subdivision
Weeki Wachee Gardens Un 5
Year Built
1967
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Building Features
Bathrooms, Extra Storage, Fencing, Furnished, Kitchen Facility, On Site Shower, Outside Storage, Seating
Cooling Type
Mini-Split Unit(s)
Heating Type
Other
Levels
One
Living Area Meters
183.58
Number of Hotel Motel Rooms
5
Number of Restrooms
5
Stories Total
1
Construction Materials
Block
Electric
200+ Amp Service
Foundation Details
Block
Lot Features
Paved, Waterfront
Lot Size SqFt
11345
Lot Size Square Meters
1054
Number Of Units Total
5
Other Structures
Other, Storage
Parking Features
Common, Ground Level
Road Frontage Type
County Road
Road Surface Type
Paved
Roof
Metal
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Total Number of Buildings
1
Utilities
BB/HS Internet Capable, Electricity Available, Public, Water Connected
Vegetation
Fruit Trees, Trees/Landscaped
Water Access
yes
Water Access Type
Canal - Freshwater
Water Extras
yes
Water Extras Type
Dock - Wood, No Wake Zone, Seawall - Concrete
Water Frontage Canal Fresh Feet
144
Water Source
Public
Water View
yes
Water View Type
Canal, River
Waterfront
yes
Waterfront Features
Canal - Freshwater
Waterfront Feet Total
144
Building Area Source
Public Records
Building Area Total
2033
Country
US
Flood Zone Code
AE
MLS Area Major
34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Number Of Lots
2
Township
22
Water Body Name
WEEKI WACHEE
Current Price
1297900.00
Disclosures
Other Disclosures
Listing Terms
Cash
Sale Includes
Building(s) and Land,Furniture/Fixtures,Other
Special Listing Conditions
None
Tax Annual Amount
4247.4
Tax Block
0009551
Tax Book Number
7/37
Tax Lot
1 and 2
Tax Year
2022
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Wednesday, May 31st, 2023 at 06:14:26 PM.
Contact - Listing ID T3436541
John Horan
216, S 5th St
Flagler Beach, FL 32136
Phone: 5613467355
Data services provided by IDX Broker
