108 ROYAL PALM AVENUE

$4,400,000

$59/sq ft

$100,000
Price Increased

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Overview

Year Built

1939

Sqft

74058

Property Type

Hotel/Motel

Property Description

GREAT INCOME PRODUCING PROPERTY! 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. 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.

Property Details

MLS#

O6252992

Total Floor in Bldg

2

Address

108 ROYAL PALM

City

Clewiston

State/county

FL

Zip/Postal Code

33440

Area

General Plan/clewiston

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$15,307

Maint Fee

$--

Tax Year

2023

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Boris Gelfand