3200 Orlando Drive, SANFORD, FL 32773
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  • MLS#: O6265692 ( Commercial Sale )
  • Street Address: 3200 Orlando Drive
  • Viewed: 3
  • Price: $10,750,000
  • Price sqft: $266
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake
  • Year Built: 1973
  • Bldg sqft: 40414
  • Days On Market: 4
  • Acreage: 3.66 acres
  • Additional Information
  • Geolocation: 28.7668 / -81.2834
  • County: SEMINOLE
  • City: SANFORD
  • Zipcode: 32773
  • Provided by: INVESTORSALLY, LLC.
  • Contact: Ralph Liu
  • 888-388-5432
  • mfrmls
  • DMCA Notice
  • Description
    This wonderful lake front independent motel with a dock is one of the few nice lodging properties located near the Orlando Sanford International Airport. With the inevitable future growth of Greater Orlando, it is well positioned to accommodate the explosive expansion of the future use of an alternative airport in Central Florida along the I 4 corridor from Orlando to Daytona Beach. It is a precious opportunity to own a major hospitality asset right before that high growth begins. The owner has owned and taken great care of the property for over 30 years, having raised their family in this unbelievable water front paradise. All rooms, building structures and swimming pool are in good shape. Although the business has been quite profitable there are still many untapped future growth potential. The restaurant, commercial grade kitchen and the conference room have not been operating for a long time and there exists a great opportunity for the new owner to start a restaurant or lease it to a restaurant operator as well as to use the conference room and the huge lake front open space for many events. This will not only increase direct revenue but also create synergy for many more lodging customers. Ideas are unlimited for a new owner with savvy marketing skills to double or triple the revenue for the property. There is an opportunity to sign on a flag to get plenty of incentives from a major franchise company for the new owner.
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  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 15956.00
  • Other Structures: Garage(s), Outbuilding
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Road Frontage Type: Business District
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: SEC 11 TWP 20S RGE 30E BEG 1511.51 FT S + 484.07 FT W OF NE COR OF SEC RUN N 64 1/2 DEG W 530.9 FT S 25 1/2 DEG W 300 FT S 64 1/2 DEG E 530.9 FT N 25 1/2 DEG E 300 FT TO BEG
  • Levels: Two
  • Area Major: 32773 - Sanford
  • Occupant Type: Owner
  • Parcel Number: 11-20-30-300-0060-0000
  • Possession: Close of Escrow
  • Zoning Code: GC2
Headshot for Associate Eddie Otton
  1. Eddie Otton, ABR,Broker,CIPS,GRI,PSA,REALTOR ®,e-PRO
  2. Mobile: 407.427.0880
  3. eddie@otton.us