$6,900,000
9400 19th Ln Vero Beach, FL 32966
For Sale MLS# TB8399476
33,158 sq ft Commercial
Details for 9400 19th Ln
MLS# TB8399476
Description for 9400 19th Ln, Vero Beach, FL, 32966
FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6,900,000Appraised Value: $8,300,000 (Verified)Loan Balance: $4,700,000 (Assumable)Cash Required to Close: Approximately $2,000,000Annual Revenue: $2,000,000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106,000Discount from Market Value: $1.4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region.Key Features:65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business.Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand.Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership.Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers.Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses.Investment Highlights:Priced Below Market Value: Appraised at $8.3 million, available for just $6.9 million – offering immediate equity.Assumable Loan: Existing $4.7 million loan is assumable, minimizing the cash investment required.Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket.Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one.Who This Is Perfect For:Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary:This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today’s market.
Listing Information
Property Type: Commercial, Hotel/Motel
Status: Active
Lot Size: 1.78 Acres
Square Feet: 33,158 sq ft
Year Built: 1998
Construction: Concrete
Subdivision: Sixty/95 Comm Park Rep 1 Sub
Foundation: Block
County: Indian River
Utilities
Cooling: Central Air
Driving Directions
USE GPS
Financial Considerations
Tax/Property ID: 33-38-03-00008-0000-00009.1
Tax Amount: 35006.45
Tax Year: 2024
A broker reciprocity listing courtesy: IMPACT REALTY TAMPA BAY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 9400 19th Ln
Sales History
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Tax Summary
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Schools
Schools nearby 9400 19th Ln
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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