Sea Jay Motel — Sale in Treasure Island, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Treasure Island, FL 33706

Photos

Sea Jay Motel — Sale in Treasure Island, FL, photo 1 of 2
Sea Jay Motel — Sale in Treasure Island, FL, photo 2 of 2

Investment Figures

Cap rate
6.18%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Sea Jay Motel, prominently located at 11240 1st St, Treasure Island, Florida, is a prime investment opportunity that blends the timeless allure of Art Deco design with the vibrant lifestyle of Florida’s Gulf Coast. Situated just one and a half blocks from a picturesque beach and a marina with docking facilities, the motel is an ideal haven for guests seeking to immerse themselves in the coastal charm and myriad activities the area has to offer. With a strong 10.95% capitalization rate based on pro forma income, this investment stands out for those seeking substantial returns in the hospitality and real estate sectors within the dynamic Florida economy. Investment Highlights: • Prime Location: The Sea Jay Motel enjoys an enviable location, nestled close to Treasure Island's pristine beach and bustling marina, making it an irresistible destination for guests. • Mid-Century Modern Charm: Each of the 19 meticulously renovated rooms at the Sea Jay Motel exudes the timeless allure of mid-century modern aesthetics, blending nostalgia with contemporary comfort. • Exceptional Amenities: Renovated Outdoor Swimming Pool: Serving as a focal point for guest relaxation and social gatherings. • Private Parking, Garden, and Terrace: Elevating the convenience and pleasure of guests, the Sea Jay Motel offers private parking facilities, lush garden spaces, and a charming terrace complete with BBQ amenities. • Comprehensive Room Features: From state-of-the-art flat-screen TVs to well-appointed private bathrooms, coffee machines, fully equipped kitchens, and more, each room at the Sea Jay Motel is thoughtfully furnished to ensure a comfortable and satisfying stay for every guest.

Market Context

This hospitality in Treasure Island, FL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing hospitality assets. Compare it against other hospitality listings for sale in Treasure Island, FL — view the full market.

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