Beach Motel on Estero Island

Fort Myers Beach, FL (Lee County)

Seller Financing Available
Estero Blvd View

Asking Price:$849,000

Cash Flow:$132,655

Gross Revenue:$236,000




Real Estate:$400,000


Beach Motel on Estero Island

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Business Description

Sandy Beach is an unique cozy motel located on Estero Island in Fort Myers Beach, Fl. The property sets right on Estero Blvd. (beachside) and offers a short walk to the Gulf of Mexico and one of the most beautiful (and safest beaches) in Florida.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The structure is two story offering bohemian décor. There are nine rooms, including a manager's residence, all offering kitchens. The amenities include 2 story rooms with balconies offering Gulf views, a tiki hut barbecue area, walking distance to restaurants and shops. Room interiors updated in 2012.
The Seller is a large company with many real estate holdings including another motel two miles farther down the road. They have used the Sandy Beach mostly as an overflow facility and for complimentary vacations for the owner other enterprises. This is an opportunity for a buyer to invest in stand-alone advertising and reap a nice cash flow. The Lee Island Coast, which includes Estero Island, is one of the top vacation destinations in the United States. Please see these websites for detailed information -
Growth & Expansion:
Due to the facts that financials were commingled with the sister motel and that the use of this property was not maximized, nor aggressively marketed, the income statement is a Performa based on room rates (in-season / off-season) of comparable hospitality properties and area vacancy rates to develop potential income. Operating expenses were estimated by either actual for this property, estimated based on industry averages or as a percentage of sales of the income statement expenses for both properties. This information is available to a qualified purchaser.
$350,000 D/P $499,000 seller financed @ 5% 300 mos 5 yr. call
Support & Training:
3 weeks at no cost. Support & Training only.
Reason for Selling:
Other business interests

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Brad Welborn

Business Listed By:
Brad Welborn

RE/MAX Realty Group

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