8042 HWY 98 W Port St. Joe, FL 32456

Property Type Real Estate & Business
Status Active
Price $3,499,000Down Down by 401000 on 06/11/2021
Price Changed! Down ($401,000) on 06/23/2021
Waterfront Type 0
Water View 1
Approximate Acreage 2
Days On Market 186
Heated & Cooled SqFt. 6100
Price Per SqFt. Approx. $573.6
SubArea St. Joe Beach
Year Built 1966
Ownership As Is
Exterior Construction Block,Frame

8042 HWY 98 W Port St. Joe, FL 32456

Remarks at 8042 HWY 98 W Port St. Joe, FL - 15 completely remodeled units PLUS the adjacent vacant lot total a combined 2.7 acres right on HWY 98. Step across the beach right into the gulf waters! The development possibilities are endless! The Forgotten Coast Inn is a St. Joe Beach landmark. Annual gross income averages between $425,000-$450,000 annually. Hotel was completely renovated from the foundation to the studs and up! Everything is new. All rooms are newly furnished, and there is a 1300 square ft 1bd, 2ba, owners/managers living quarters with a full kitchen and large pantry, plus a nice back patio. Lobby has a managers office, full laundry room, soda vending machine/ice machine. As of list date it is the ONLY active hotel on HWY 98 in the area. Guaranteed money maker...hurry before it's gone!! All information is approximate and should be verified by buyers if important

Contact Us

Fickling & Company Realtors
112 Franklin Blvd.
St. George Island, FL 32328
United States

Listing Provided by RECIPROCAL OFFICE

*Property information provided by the REALTOR® Association of Franklin and Gulf Counties, Inc. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.