Address
21380 US HWY 27 Lake Wales, FL
Price
$ 2,750,000
Property Attributes
  • MLS#O5928480
  • TypeSingle Family
  • CountyPOLK
  • CityLake Wales
  • AreaLake Wales
  • Zip33859
  • StyleHotel/Motel
  • Year Built1959
  • Taxes13887
  • Price$ 2,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage32587
  • Lot Size8.84 Acres
Listing Provided Courtesy Of:
FLORIDA HOMES REALTY & MORTGAGE
Data Source:
Stellar MLS
Property Description

Green Gables Inn consists of 56 Units sitting on approximately Nine (9) acres and has access to a 60 acre lake in the backward portion of the property. The property is a single-story facility and is spread among three (3) living buildings and one (1) main office. The property has A large swimming pool along with tennis courts. The interior of the room have been updated two (2) years ago with new furniture, mattress, and carpet. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility. Local mall, stores and restaurants are easy to get to in a few miles radius. Must see to expand a vision of income earning.

Price History
3/8/2021 Listed $27,500,000
3/8/2021 90% - $2,750,000

General Features

Building Features Common Lighting
Business Type Hotel/Motel
Construction Materials Block, Stucco
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Levels One
MLS Area 33859 - Lake Wales
Property SubType Hotel/Motel
Property Type Business Opportunity
Roof Shingle
Security Features Fire Alarm
Sewer Public Sewer
Special Listing Conditions None
Status Active
Terms Cash, Conventional
Total Num Buildings 7
Township 29
Water Access Type Lake
Water Access Y/N Yes
Water Body Name PADGETT LAKE
Year Built 1959

Interior Features

Living Area 32587.00
Numof Conference Meeting Rooms 1
Numof Hotel Motel Rms 56
Numof Offices 1

Exterior Features

Building Area Total 3027.00
Foundation Details Slab
Lot Size Acres 8.84
Lot Size Square Feet 385201
Road Frontage Type Divided Highway
Water Extras Dock - Wood
Water Extras Yn Yes
Water Frontage Feet Lake 167
Waterfront Feet Total 167

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33859

Price
AVG $570K
$2.75M
Taxes
AVG $3,482
$13,887
Visits
AVG 205
51
Year Built
AVG 1975
1959

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.