Opportunity abounds in historic, downtown Boca Grande. The Palmetto Inn, as 381 Palm is known, offers endless possibilities since it can be used as COMMERCIAL, MULTI-FAMILY or RESIDENTIAL. It is currently being used as a multi-family / apartments. The building has been completely renovated. New roof in 2004, new maintenance-free vinyl siding, electric hurricane shutters cover the attic, all pipes have been upgraded to PVC. There is room for a small pool or hot tub with historic board approval. There are 2 – 80 gallon water heaters. The Inn has a total of 10 bedrooms, 5 bathrooms and has a total of 4,348 sq. ft. under air. Can operate up to eight units… excellent rental potential. CALL TODAY FOR A TOUR OF THIS UNIQUE PROPERTY! $1,200,000
The Palmetto Inn – Opportunity on the Island
Published December 5, 2008 Boca Grande , Real Estate , Uncategorized ClosedTags: business opportunity, commercial investment, commercial opportunity, investment, Real Estate, rental





