2502 Tamarind Dr ,Hotel Waterfront for Sale

2502 Tamarind Dr for Sale

Price $8,500,000.00

• Lot size 18720
• Year Build 2007
• Waterfront
• Zip 34949
• Style
• Parking Description Shared Parking
• Pool Yes
• Status Active

Description

Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside as the area undergoes major infrastructure improvements. Just a three-minute walk from the beach, the location is a top draw for short-term guests and is minutes from Fort Pierce Inlet State Park, the marina, and the vibrant downtown area. Positioned along the waterfront, the hotel benefits from year-round tourism and convenient access to US-1, I-95, and the Florida Turnpike. 18 fully furnished, turn-key units, income-generating from day one, and holds an active Certificate of Use, allowing for immediate continued operation. Architectural plans for a pool are included, offering the opportunity to enhance the property with resort-style amenities.

Text listing agent for showing, on lock box

FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 5

Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside as the area undergoes major infrastructure improvements. Just a three-minute walk from the beach, the location is a top draw for short-term guests and is minutes from Fort Pierce Inlet State Park, the marina, and the vibrant downtown area. Positioned along the waterfront, the hotel benefits from year-round tourism and convenient access to US-1, I-95, and the Florida Turnpike. 18 fully furnished, turn-key units, income-generating from day one, and holds an active Certificate of Use, allowing for immediate continued operation. Architectural plans for a pool are included, offering the opportunity to enhance the property with resort-style amenities.

City:Hutchinson Island,Zoning:Hutch Is,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:27.4837857,List Price:8500000,Listing Id:A11806998,Longitude:-80.2975816,Mls Status:Active,Year Built:2007,Postal Code:34949,Street Name:Tamarind Dr,Coordinates:1:27.4837857,Gross Income:1241000,Photos Count:43,Business Type:1:Other Type,Days On Market:1,Listing Terms:1:Conventional/Refinance,2:Cryptocurrency,3:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:7020,On Market Date:2025-05-20,Other Expense:7200,Parcel Number:1425-603-0006-000-1,Property Type:Commercial Sale,Stories Total:2,Street Number:2502,Trash Expense:1200,Waterfront Y N:1,Public Remarks:Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside as the area undergoes major infrastructure improvements. Just a three-minute walk from the beach, the location is a top draw for short-term guests and is minutes from Fort Pierce Inlet State Park, the marina, and the vibrant downtown area. Positioned along the waterfront, the hotel benefits from year-round tourism and convenient access to US-1, I-95, and the Florida Turnpike. 18 fully furnished, turn-key units, income-generating from day one, and holds an active Certificate of Use, allowing for immediate continued operation. Architectural plans for a pool are included, offering the opportunity to enhance the property with resort-style amenities.,Structure Type:1:Hotel,Approval Status:Approved,County Or Parish:St Lucie County,List Office Name:Westvest Associates, Inc.,Private Remarks:Text listing agent for showing, on lock box,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:33000,Postal Code Plus4:1578,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:33000,Unparsed Address:2502 Tamarind Dr, Hutchinson Island FL 34949,Insurance Expense:13000,Listing Agreement:Exclusive Agency,Operating Expense:60400,Building Area Total:5735,Building Area Units:Square Feet,Lot Size Square Feet:18720,Number Of Buildings:3,Original List Price:8500000,Public Survey Range:25,I D X Participation Y N:1,Net Operating Income:564655,Syndication Remarks:Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside as the area undergoes major infrastructure improvements. Just a three-minute walk from the beach, the location is a top draw for short-term guests and is minutes from Fort Pierce Inlet State Park, the marina, and the vibrant downtown area. Positioned along the waterfront, the hotel benefits from year-round tourism and convenient access to US-1, I-95, and the Florida Turnpike. 18 fully furnished, turn-key units, income-generating from day one, and holds an active Certificate of Use, allowing for immediate continued operation. Architectural plans for a pool are included, offering the opportunity to enhance the property with resort-style amenities.,Listing Contract Date:2025-05-20,Originating System I D:miamire,Public Survey Section:3,Street Number Numeric:2502,Tax Legal Description:FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 5,Public Survey Township:25,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Located on South Hutchinson Island, this boutique hotel offers unmatched charm, consistent income, and significant upside,Contract Status Change Date:2025-05-20,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,