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One of the most unique settings in the Southeast, this Nantucket style Inn has it all...magnificent Florida island setting, oceanfront beauty with full beach access, 25 guest rooms, all with private baths, soaking or whirlpool tub, WiFi, telephones and cable TV for guest convenience, and the business strength of multiple businesses.
The property is zoned C-1 Commercial, is handicap accessible with elevator, and offers oceanside dining from its commercial kitchen in the spacious dining room or out on the verandas. Memberships in Select Registry, Distinguished Inns of America, and as a 3-diamond AAA member, this inn has enjoyed 77+% occupancy for a number of consecutive years, with an average daily rate of $236 and annual revenue in 2009 of almost $1,970,000.
A natural extension of the Inn, a resort management company, which markets and manages 18 oceanfront homes and condos fully utilizes the Inn's staff and resources. This additional business has generated additional revenues of almost $300k in 2006 and is available as well. The owner has asked Bushnell & Bushnell Services to offer this fabulous investment property to the public for $7,250,000. This is your opportunity to own and operate one of the finest inns in America! For more information, please contact: Scott or Marilyn Bushnell Bushnell & Bushnell Innkeeping Services 410-422-5083 (cell) 410-524-6921 (office)
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