106-Unit Motel Conversion or 5-Acre 400-Unit Development

5020 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

This offering includes a 108-Rm motel situated on 5-acres MOL, offering 330 feet of roadway frontage on Irlo Bronson Memorial Hwy. Owners have tentative plans to develop 384 Multifamily/Mixed-Use, as current zoning permits. Property includes: 5-Acres MOL 106-rm/2-Story/46,468 Htd SF Year Built: 1981 Within proximity to the Property along the W. Irlo Bronson Memorial Highway Corridor is the Wyndham Vacation Resorts, Star Island Resort & Club, Legacy Vacation Resort, The Grand Orlando Resort at Celebration, Falcons Fire and Celebration Golf Courses, Advent Health Celebration, and Upscale Retail, Restaurants and Entertainment Venues. Zoning: OCT (Commercial Tourist 40/80 du/acre) Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare Proposed developments: Apartments/Condos/Mixed-Use Nursing Home/Assisted Living/Memory Care/Independent Living Medical Facility/Professional Office/Pharmacy Hotel/Condo-Hotel/Retail/Restaurant

Contact

Broker or Owner Contact
Benny Spensieri
CRES Corp International
,
Phone:
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 972d4147-0da9-4990-a252-939f94e0bc03
Building Size 46468
Site Size (acres)
Zoning OCT
Year Built 1981
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 7000000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.3319456
Longitude -81.4834234
County Osceola County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider