27.925476 -81.6081

21380 US HWY 27 Lake Wales, FL 33859

254578338 27.925476 -81.6081 2 /listing/254578338-150269826/21380-us-hwy-27-lake-wales-fl-33859 False 0 2700000.0 32587 101 U8060852 False
  • $2,700,000
  • 32,587 sqft
  • 8.84 lot
  • Est payment $14494.18/mo

Property & Neighborhood Info

Courtesy Of HOTELMAX REALTY INC.

Commercial in LAKE WALES

The Green Gables Inn consists of 56 Units sitting on approximately Nine (9) Acres and has access to a 60 acre lake in the backward portion of the property. The property is a single-story facility and is spread among Three (3) buildings. The hotel has a small meeting room with capacity for up to Thirty Five (35) along with room for exercising facilities, etc. The property has a large swimming pool along with two exterior tennis courts. The hotel was totally renovated in the late 70's and is operated as an independent (no franchise). The interiors of the rooms have been recently updated with new carpet, bedding, most furniture, TV's and A/C units. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility. In addition to being operated as a hotel, this property is prime for a conversion to an ALF-Type (Assisted Living Facility) concept or related entities. Owners are retiring from day to day operations. They will consider a possible Joint Venture to develop a new hotel/convention/meeting center. There are currently no meeting facilities in this area and the need is great. Some seller financing options may also be available. All reasonable offers will be considered.

Courtesy Of HOTELMAX REALTY INC.
  1. 32,587 Sq. Ft.
  2. 8.84 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1959
  • Floors: 1
  • County: Polk County
  • Taxes: $17,167.00
  • Tax Year: 2018
  • MLS Number:U8060852

Additional Features

  • Cooling:
    • Wall/Window Unit(s)
  • Building Area Source:
    • Public Records
  • Business Type:
    • Hotel/Motel
  • Construction:
    • Block
    • Stucco
  • Property Subtype:
    • Hotel/Motel
  • Condition:
    • Under Renovation
  • Acreage Range:
    • 5 to less than 10
  • Flood Zone:
    • X,AE
  • Lot Features:
    • Curb and Gutters
    • Out Parcel
    • Oversized Lot
    • Street Paved
    • Waterfront
  • Other Structures:
    • Maintenance
    • Utility
  • Waterview:
    • Lake
  • Parking:
    • Common
  • Sewer:
    • Public Sewer
  • Utilities:
    • Public
  • Number of Buildings:
    • 7
  • Road Frontage:
    • Divided Highway
  • Township:
    • 29
  • Water Access:
    • Lake
  • Water Name:
    • PADGETT LAKE
  • Waterfront Features:
    • Lake
  • CDOM:
    • 75
  • Building Expenses:
    • 32587.00
  • Listing URL:
    • https://www.state27homes.com/search/listing/U8060852
  • Lot Size Acres:
    • 8.84
  • Lot Size Square Feet:
    • 385201
  • Parcel Number:
    • 27 29 27 000000 044050
  • Tax Block:
    • 044/ 044050
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Michael Krigelski
Michael Krigelski
Realtor
277 Magnolia Avenue SW Winter Haven FL 33880
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27.925476 -81.6081

21380 US HWY 27 Lake Wales, FL 33859

254578338 27.925476 -81.6081 2 /listing/254578338-150269826/21380-us-hwy-27-lake-wales-fl-33859 False 0 2700000.0 32587 101 U8060852 False
  • $2,700,000
  • 32,587 sqft
  • 8.84 lot
  • Est payment $14494.18/mo