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1401 Atlantic Blvd
Neptune Beach, FL 32266

Red Roof PLUS Neptune Beach · Hospitality Property For Sale · 84,355 SF

Investment Highlights

  • Only Red Roof Brand Property in Jacksonville Beach Market • 132-Rooms, Two Story, Interior Corridor • Restaurant/Bar Adjacent to Hotel
  • List Price of Market Bid • Amenities Include, Outdoor Pool, Premium WiFi, Free Continental Breakfast, Guest Laundry, and Pet Friendly
  • Built in 1974 / Full Renovation in 2022 • Concrete Block Construction • 25 Miles from Jacksonville International Airport
  • Multiple Streams of Income • 3.31+/- Acres of Land • Year 1 Projected Room Revenue - $4,095,300 • Year 1 Projected NOI - $1,919,085
  • 1 Mile from Beach front • 3 Miles from Center of Jacksonville Beach • 5 Miles from Mayport Naval Station • 7 Miles from Mayo Clinic Florida
  • 2022 Renovations include: Interior/Exterior Paint, Carpet/Tile, Mattresses, Secured Foundation, TVs, PTACs, Bathrooms Remodeled, Roof, Camera System

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.31 AC
Building Size 84,355 SF
No. Stories 2
Year Built/Renovated 1974/2022
Parking Ratio 1.24/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Pool
  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
177547-0000
Land Assessment
$2,561,335
Improvements Assessment
$1,432
Total Assessment
$2,562,767

zoning

Zoning Code NC-3
NC-3
  • Listing ID: 25930318

  • Date on Market: 6/14/2022

  • Last Updated:

  • Address: 1401 Atlantic Blvd, Neptune Beach, FL 32266

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