Hotel Development Site
7514 W. Irlo Bronson Memorial Highway, Kissimmee, Florida 34747
Sold: $2,950,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
8 acres
Zoning
Commercial
Property Description
435 Hotel Room Entitlements in place
8 acres zoned commercial in the heart of the tourist trade area
Site was a former hotel that had fire damage in 2010, all utilities on site with impact fee credits available
Can be combined with a contiguous 15.5 acre parcel to total 23.5 acres for a larger development as needed
Connected to a 26,794 SF restaurant and lobby with cross parking, 3 access points and shared signage
Across the street from Walt Disney World
Potential owner financing (see broker for details)
Sale Price: $2,950,000
($6,781/Key or $368,750/Acre)
Selling less than CURRENT TAX VALUE