Mexico Beach - Beach Property For Sale #3404990

Please read in entirety** Motel only sale. Annual gross is $340,000-$350,000. Owner financing possibility with $600,000 down and a one-year balloon or $750,000 down and a two year balloon. 15 renovated units plus a one bedroom, two bath, 1300 square-foot owner/manager living area with full kitchen, living room, and pantry. Motel and adjacent vacant lot selling for $3,499,000(owner financing only option for motel and land combined is with $900,000 and a one year balloon) giving a combined 2.7 acres. Motel was completely renovated from studs to rafters after Hurricane Michael. All rooms are newly furnished. Lobby has a managers office, full laundry room, soda and vending/ice machine. All information is approximate and should be verified by buyers if important.