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115 Inlet Way, Palm Beach Shores, FL 33404, USA

$7,000,000

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🏨 **Exclusive STR Property Opportunity – Prime Location near Mar-a-Lago** 🏨 Uncover the hidden gem of real estate with this exceptional 24-unit Motel/Short-Term Rental (STR) property, strategically situated just 10 minutes away from the prestigious Mar-a-Lago, the former residence of the 45th President, Donald J. Trump. This unique investment opportunity arises from years of mismanagement by the current owner's poor choice in property management. Recognizing the untapped potential, has decided to part ways, making this your golden ticket to lucrative returns. Despite the neglect, the property boasts a solid foundation, with recent upgrades including new electrical systems and pool equipment. No major structural interventions are required, presenting a hassle-free transition for savvy investors. While the term "turn-key" may not precisely describe the current state, the enormous potential for value addition and STR income is undeniable. With a strategic and competent management team, coupled with a modern facelift, the property is poised to generate substantial cash flow and elevate the Cap Rate to new heights. The property comes with open permits and minor violations, all of which will be promptly addressed to ensure a clean title transfer. Priced at a compelling $7,000,000 for a quick disposition, this asset promises sustained revenue for years to come. Take advantage of the proximity to the beach, offering residents and guests a seamless transition from the property to the sun-soaked shores. Additionally, the property is zoned "B," indicating a low-risk flood zone, further solidifying its appeal and safety for investment. All reasonable offers will be thoughtfully considered, provided with Letter of Intent (LOI) and Proof of Funds (POF). Don't miss out on this rare chance to transform a mismanaged property into a lucrative venture. Seize the opportunity to redefine success in the hospitality and real estate industry! https://www.offermarket.us/loans?ref=0eag0vkoycv8