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120 N Garden Street, Palm Coast, FL 32137

$8,000,000
Property Type: Commercial Sale Square Footage: 60,748 Lot Size (sq. ft.): 192,100 Status: Closed
Current Price: $8,000,000 List Date: 1/09/2023 Last Modified: 9/28/2024

Overview

Description

On offer is a 119 bedroom hotel with easy access to I-95 in Palm Coast, Florida. Built in 2010, this hotel is 4 stories tall with solid concrete block construction and concrete demising walls for added privacy and quietude. The hotel has a metal roof constructed to current hurricane standards. The property is nestled in the bend of a tranquil lake and has a private in-ground, heated swimming pool, fitness center, and a 640 sq. Ft. meeting room accommodating 49 people. A separate breakfast room offers free daybreak breakfast. Of the 119 rooms, 74 are double queens, 30 rooms are king rooms and 15 are king suites. There are both in-house laundry facilities as well as a guest laundry on the second floor. All rooms are equipped with coffee makers, hair dryers, microwaves. refrigerators, flat

Supplements: screen cable tv's and free wi-fi access. Pets welcomed. Ideally situated in close proximity to Jacksonville, Daytona Beach and historic St. Augustine. This hotel is just minutes from several local restaurants, services and shopping centers. Beach access and Flagler Pier are just 10 minutes away. Also included is an adjacent parcel of buildable la ...

Listing Details MLS# 1104450

General Property Information

Number Of Units Total
119
Building Area Total
60748
Year Built
2010
Lot Size Acres
4.41
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
From I-95, take exit 289, west on Palm Coast Pkwy. Right onto Boulder Rock Pkwy. Right on Plaza Drive. Left to Hotel.
Public Remarks
On offer is a 119 bedroom hotel with easy access to I-95 in Palm Coast, Florida. Built in 2010, this hotel is 4 stories tall with solid concrete block construction and concrete demising walls for added privacy and quietude. The hotel has a metal roof constructed to current hurricane standards. The property is nestled in the bend of a tranquil lake and has a private in-ground, heated swimming pool, fitness center, and a 640 sq. Ft. meeting room accommodating 49 people. A separate breakfast room offers free daybreak breakfast. Of the 119 rooms, 74 are double queens, 30 rooms are king rooms and 15 are king suites. There are both in-house laundry facilities as well as a guest laundry on the second floor. All rooms are equipped with coffee makers, hair dryers, microwaves. refrigerators, flat
List Price/SqFt
164.61
Sold Price/SqFt
131.69

Property Features

Building Features: Elevator; Kitchen Facilities; Public Restroom Business Type: Hotel/Motel Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Zoned Current Use: Hotel/Motel Heating: Central; Electric; Zoned Roof: Metal Sale Includes: Building & Land Security Features: Fire Sprinkler System Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2023-01-09
Property Sub Type
Business

Location Tax and Legal

Street Number
120
Street Direction Prefix
N
Street Name
Garden
Street Suffix
Street
County
Flagler
State
FL
Postal Code
32137
MLS Area Major
60 - Palm Coast

Status Change Information

Major Change Timestamp
2023-06-16T14:14:11Z
Major Change Type
Status Change
Purchase Contract Date
2023-03-07
Close Date
2023-06-15
Close Price
8000000

Building Features

Ceiling Eve Height
Varied Height
Elevator
Yes
Kitchen Facilities
Yes
Public Restroom
Yes

More Information

Historical Information

Public Historical Remarks 1
Road Type: Paved; Bldg Type/Location: Free Standing; # Parking: 120; Interior Improvement: Ground Level Door; Included in Sale: Good Will, License, Signs - Owned; Parking: Lighted, Paved; SqFt - Total: 192100.00; Site Improvements: Curb/Sidewalks, Infrastructure In, Waterview; Confidential Listing: N; Highway Access: Just off I-95; Franchise Opt In: Yes; Current # Tenant: 1.0000

Location, Tax, and Legal

Country
US
Parcel Number
13-11-30-3020-00000-0060
Tax Annual Amount
40883
Tax Year
2021
Tax Legal Description
HOME DEPOT CENTER LOT 6 4.41 AC OR 907 PG 803 OR 907 PG 823 OR 1633 PG 302
Zoning Description
Other

Currently Not Used

Year Built
2010
Accessibility Features YN
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Zoned
Yes

Current Use

Hotel/Motel
Yes

Heating

Central
Yes
Electric
Yes
Zoned
Yes

Roof

Metal
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Business Type

Hotel/Motel
Yes

Sale Includes

Building & Land
Yes
Listing Office: Realty Pros Assured
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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