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108 Royal Palm Ave
For Sale $4,300,000 ($58.06 per Sq Ft)
$4,300,000 ($58.06 per Sq Ft)
- Units
- 74,058 Sq Ft
- 64,351 Sq Ft
- Unknown Cap Rate
Description
Discover southern charm and hospitality at the Clewiston Inn. A beautifully restored classical revival, the Inn offers a perfect blend of country elegance and modern comfort. Nestled in the heart of South Florida's sugar cane country and on the shore of Lake Okeechobee, the Clewiston Inn provides visitors with a peaceful setting and welcoming retreat. You're certain to feel at home in one of our charming 57 guest rooms or suites. Eight (8) of them are apartments and 57 rooms are open and in good condition and upgraded with vinyl flooring and new
paint, new security camera system and recently painted the banquet hall with new tiles. The banquet hall has Friday night entertainment that draws extra income. As of December 13th, the property is 100% occupied and has a great rate of remaining between 85-100 percentage. In the month of March is the sugarcane festival and the place is booked up and bringing in great revenue. A GREAT OPPORTUNITY for investors to grab this wonderful property and make it your own. We're conveniently located just 60 miles west of West Palm Beach and 60 miles east of Ft. Myers. The Clewiston Inn is also great for hosting corporate retreats, meetings, weddings, reunions and other specialty events.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,300,000 |
| Property Type | Hotel & Restaurants |
| Usable Sqft | 74,058 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1939 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 33443010100177.0010 |
| MLS # | O6252992 |
| Property ID | 306697549 |
| Lot Sqft | 64,351 |
| Zoning | CL-C |
| Days on Market | 56 |
| Original List Price | $4,300,000 |
| Date Updated | December 13, 2024 |
| Date Created | October 28, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Antonio Whitfield an agent of .
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 13, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT