8042 HWY 98 W , Port St. Joe

$3,499,000

MLS#: 307324 Property Type: Real Estate & Business Address: 8042 HWY 98 W City / Zip: Port St. Joe, FL 32456 Area: Mexico/St. Joe Beach Neighborhood: NO NAMED SUBDIVISION Bedrooms: 0 Bathrooms: 0 Heated Sq Ft: 6,100 Acres: 2.7300 Year Built: 1966

Agent's Comments

15 completely remodeled units PLUS the adjacent vacant lot total a combined 2.7 acres right on HWY 98. Step across the beach right into the gulf waters! The development possibilities are endless! The Forgotten Coast Inn is a St. Joe Beach landmark. Annual gross income averages between $425,000-$450,000 annually. Hotel was completely renovated from the foundation to the studs and up! Everything is new. All rooms are newly furnished, and there is a 1300 square ft 1bd, 2ba, owners/managers living quarters with a full kitchen and large pantry, plus a nice back patio. Lobby has a managers office, full laundry room, soda vending machine/ice machine. As of list date it is the ONLY active hotel on HWY 98 in the area. Guaranteed money maker...hurry before it's gone!! All information is approximate and should be verified by buyers if important

*Listing provided courtesy of the MLS.
Interior Features
  • Air Conditioning: Central Electric, Window/Wall
  • Extras: Owners personal belongings
  • Floor Covering: Laminate, Tile
  • Furnishings Available: No
  • Heating: HVAC
  • Water: Public
External Features
  • Lot Description: s 5 t 7 r 11 370 ft us 98 front; 332 depth orb 660/937 fr bhakta map 17 a AND s 5 t 7 r 11 1.62 ac m/l being jayesh m bhakta minor replat orb 549/3211 orb 660/937 fr bhakta map 17a
  • Roof: Shingle
  • Sewer/Septic: Septic Tank
Additional Features
  • Status Date: 2021-10-26
  • Year Built: 1966
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Listings provided courtesy of RECIPROCAL OFFICE. and RAFGC_Collins.

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