4760 S Cleveland Ave
- Prime Location: High-traffic area near beaches, universities, and Fort Myers attractions.
- Renovated & Ready: Fully updated, midscale property with all PIP requirements completed for a smooth transition.
- Flexible Zoning: Commercial Intensive zoning allows for various business and development opportunities.
- Key Amenities: Outdoor pool, tiki hut, free breakfast, pet-friendly, and modern in-room features.
- Event-Friendly: Close to Harborside Event Center and other venues, ideal for group bookings and business travelers.
Property Description
Unlock an extraordinary investment opportunity with this beautifully renovated indoor corridor Quality Inn, strategically positioned at 4760 S Cleveland Ave, Fort Myers, FL 33907. This turnkey, midscale hotel under the Choice Hotels brand offers 135 fully operational guest rooms, plus a manager’s apartment that can easily be transformed into two additional rooms and a living space — adding even more revenue potential. Spread across two well-maintained buildings, the main structure features 94 rooms, while the second hosts 42 rooms. Each spacious guest room, measuring 280 sq ft (12x24), is designed for comfort and functionality, with a thoughtful mix of doubles, singles, and four versatile suites — including two with full kitchenettes, one studio, and one with a wet bar. All property improvement plan (PIP) is completed. Please DO NOT visit the property directly contact Swapna Shah 813-789-4142 for more information and scheduling
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $10,000,000 |
| No. of Units: | 135 |
| Year Built: | 1984 |
| Lot Size: | 4.89 Acres |
| Opportunity Zone: | No |
| Price per unit: | $74,074 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
243 61st Street Gulf
Marathon, Florida
3983 Destination Dr #102 & #202
Osprey, FloridaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout