151 1ST AVENUE
Marco Island, FL 34145

The Marco Island Lakeside Inn. Opportunity is knocking and you have 24 doors to answer. Hyper rare offering of 2 hotel buildings and 3 adjoining duplex homes, combined there are 24 units. The main building features 2-two bedroom/1 bath units and 8-1 bedroom/1 bath units. These 10 units were just totally remodeled and beautifully furnished. They have full kitchens and spectacular views of Marco Lake. The second adjacent hotel building features 7 studio/efficiency units and 1-2 bedroom/1 bath unit. The 3 duplex homes have 6 total 2-bedroom/1 bath units. The 8-unit hotel building and the 3 duplexes all suffered water intrusion from Hurricane Ian. All of those units have been gutted out to a degree, and all new A/C units have been installed. There are some new refrigerators, stoves, and microwaves being stored in the main building that are included in the sale. The main building used to be the home of Busghetti's Restaurant and that part of the building has been gutted. You could either put in a new restaurant or add a minimum of 2 additional hotel rooms. There are laundry facilities on site and a front desk. There are 61 parking spots for all of the units. A new metal roof was installed on the hotel buildings in 2017. One duplex had a new metal roof in 2018 and the other 2 duplexes had new asphalt roofs in 2018. There is a pool on the property along with a ''beach'' sitting, grilling, and recreation area. There are multiple possibilities for this property and some lucky buyer will be able to explore them all. All 5 buildings are to be sold together, Seller will not parcel out the listing and sell properties individually.