Island House Resort | UNPRICED

17103, Gulf Boulevard, North Redington Beach, Pinellas County, Florida, 33708, United States | Updated on June 26, 2024 at 1:55 pm

Featured For Sale Off Market Deal Class A Location Owner Financing Premium

Island House Resort

17103, Gulf Boulevard, North Redington Beach, Pinellas County, Florida, 33708, United States
  • UNPRICED

Property Facts

  • Price: UNPRICED
  • Property Size: 24700 SqFt
  • Year Built: 1970
  • Property Type: Hospitality
  • Property Status: For Sale, Off Market Deal
  • Cap Rate: 7.23%
  • GRM: 6.49
  • Price Per Key: $304,688
  • Price Per Square Foot: $394
  • Brokerage: Verdad Commercial Real Estate Services - Clearwater

Details

Updated on June 26, 2024 at 1:55 pm
  • Price: UNPRICED
  • Property Size: 24700 SqFt
  • Year Built: 1970
  • Property Type: Hospitality
  • Property Status: For Sale, Off Market Deal
  • Cap Rate: 7.23%
  • GRM: 6.49
  • Price Per Key: $304,688
  • Price Per Square Foot: $394
  • Brokerage: Verdad Commercial Real Estate Services - Clearwater

Description

Verdad Commercial Real Estate Services is proud to present our newest exclusively listed property Island House Resort in North Redington Beach, Pinellas County, Florida. This property has a long history in the community, some guests have been returning for the last 40 years! The property boasts a high guest retention rate and the numerous reviews/testimonials speak to the quality of the property itself and the service provided by the wonderful owners and around-the-clock staff members. The Island House Resort Hotel strives to provide their guests with top-notch accommodations and amenities. The property features a refreshing outdoor swimming pool, BBQ facilities, and a furnished sundeck. 

17103 Gulf Blvd., 

Redington Beach, FL 33708 

APN: 05-31-15-00000-220-0800 

The Island House Resort Hotel is 32 keys and 51 Beds is fully updated. All units have been renovated and upgraded in the last few years. The Island House Resort Hotel is minutes away from sandy white, award-winning gulf beaches of central Florida. The property has a large 9’ deep pool. The pool deck and surrounding lounge areas have been completely updated with new tile work, new pool lighting and external property/landscaping lighting. The electrical system for the pool is also new, multiple new circulation pumps, new heaters for the pool, new flat roofs, and many more recent upgrades. There is a solar pool heater and is one of the few hotels approved for night swimming. 

There are three laundry rooms on site; two of the laundry rooms are for staff and cleaning the bedding, shower curtains, etc. The third laundry room is strictly for cleaning towels. Complementary towel service is offered by Island House Resort Hotel. There are also washers and dryers available on site for guest use. 

Owners are offering owner financing under the following terms:

Down: 40%

Rate: 6% Interest Only

Term: 2 years

Attachment

  • Address 17103 Gulf Blvd.
  • City Redington Beach
  • State/county Florida
  • Zip/Postal Code 33708
  • Country United States

Contact Information

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Overview

Property ID: HZ05- 31-15-00000-220 -0800
  • Hospitality
  • Property Type
  • 24700
  • SqFt
  • 1970
  • Year Built

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