16872 Se Highway 19, Cross City, FL 32628

$1,999,000

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List Price
$1,999,000
Status
Active
Days on Market
62
MLS#
TB8513435
Property Style
Hotel/Motel
Year Built
1961
Lot Size
62,674
Acres
1.14
Total Acreage
1 to less than 2
Legal Subdivision Name
Gauldens
MLS Area Major
Cross City

Property Description

This well-established, recently renovated 25-room, plus Manager apartment, 2-bedroom/ 2 bath, and Kitchen. Total 12,016 sq-ft. Motel. Plus 4896 sq-ft. Restaurant property presents a unique investment opportunity in the heart of Cross City, Florida, situated directly on major highways (US-19, 98, and Alt-27) with excellent visibility and steady traveler traffic. The charming two-story Motel features comfortable guest accommodations with amenities such as free Wi-Fi, air conditioning, and in-room conveniences, creating a welcoming stay for visitors year-round. Adjacent to the motel, the on-site restaurant offers a family-friendly dining experience with popular American cuisine and all-day breakfast, providing an additional revenue stream and strong local appeal. Together, the motel, restaurant, and underlying land form a cohesive, income-producing property in a prime location near the Gulf of Mexico, the Suwannee River, and popular coastal destinations, making it an ideal opportunity for owner-operators or investors seeking growth potential in North Florida.

Additional Information

Taxes Annual
$19054
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
39
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Other, Stucco
Roof
Other, Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Ground Level
Flood Zone Code
x
Parcel ID
09-10-12-2144-0024-0010
Legal Description
9 10 12 LOTS 1 2 4 5 6 & 7 BLK 24 & ALL BLK 25 & ALL THAT LAND & PORTION OF W 20 FT OR W1/2 OF FINLAYSON AVE LYIN BETWEEN BLK 24 25 & 26 GAULDENS 2ND ADDITION (CARRIAGE INN MOTEL) OR BK 65 PG 90 OR BK 139 PG 513 OR BK 156 PG 602 ORB 203 P 53 ORB 225 P 435 ORB 396 P 43 ORB 531 P 134 ORB 592 P 620(NOC) ORB 592 P 621(NOC) NOTES: 25 RMS, 1 RESTAURANT, 1 RES OCCUPANCY RATE 40%

Listing courtesy of CEDERMAN PROPERTIES. 727-785-9966

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