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SoldHotel/MotelSold

9400 19th Ln

Vero Beach, FL 32966

$7,500,000

  • 33,158Sq Ft
  • $226Per Sq Ft
  • 1.78Acres
  • 1998Built
Subdivision
Sixty/95 Comm Park Rep 1 Sub
County
Indian River
MLS®
TB8399476

Overview

FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6,900,000Appraised Value: $8,300,000 (Verified)Loan Balance: $4,700,000 (Assumable)Cash Required to Close: Approximately $2,000,000Annual Revenue: $2,000,000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106,000Discount from Market Value: $1.4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region.Key Features:65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business.Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand.Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership.Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers.Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses.Investment Highlights:Priced Below Market Value: Appraised at $8.3 million, available for just $6.9 million – offering immediate equity.Assumable Loan: Existing $4.7 million loan is assumable, minimizing the cash investment required.Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket.Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one.Who This Is Perfect For:Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary:This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today’s market.

Listing Snapshot

Price
$7,500,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
33,158 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
1.78 Acres
Year Built
1998
MLS® Number
TB8399476
Status
Sold
Property Tax
$35,006.45 (2024)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

5 items
Acres
1.78
Foundation
Block
Property Sub Type
Hotel/Motel
SqFt Total
34,276
Zoning
CG

Interior Features

1 item
Cooling
Central Air

Exterior Features

1 item
Construction Details
Concrete

Community Features

3 items
MLS Area
32966 - Vero Beach
Township
33
Roads
Asphalt

Location

9400 19th Ln, Vero Beach, FL 32966 · 32966 - Vero Beach

Neighborhood & Commute

ZIP Code 32966

Median household income
$67,868
Income per person
$41,911
Households
11,068
Average household size
1.96
Median age
58.6

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed

Friends & Family

Listing courtesy of IMPACT REALTY TAMPA BAY (728) 218-6492

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-15 05:32 PM EST

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