4891 Fort Pierce BlvdFort Pierce, FL 34946

The Fountains Hotel, a 25-key motel located at 4891 US-1 in Fort Pierce, Florida (zip code 34946), presents a compelling investment opportunity. This hospitality property boasts a strong 10% capitalization rate, generating a net operating income (NOI) of $280,000 annually. The asking price is $2,800,000. The hotel comprises a mix of efficiencies and suites, currently producing approximately $450,000 in annual revenue. Extensive renovations were completed in 2023, enhancing the property's appeal and operational efficiency. Guest amenities include a refreshing pool, a relaxing hot tub, and a convenient grill area. Its strategic location offers easy access to nearby beaches, golf courses, shopping centers, and a variety of restaurants, ensuring consistent occupancy and strong rental demand. Situated in St. Lucie County, this motel represents a solid investment in a thriving Florida market. The property's strong financial performance, coupled with its recent renovations and desirable location, makes it an attractive prospect for investors seeking a high-return hospitality asset.