Seahorse Beach Bungalows — Florida
17-key renovated beach-hotel opportunity with a 7.12% advertised current cap rate
Opportunity teaser
Boutique hospitality asset near the beach with 17 keys, an active lodging certificate and additional expansion plans.
Why it may be interesting
Small-format coastal hospitality asset with a current-income story, renovated key count and multiple stated operational upside levers.
Risks and open questions
Available materials mix current, transition-year and 2028 pro forma figures. Reconcile current NOI, occupancy, renovation completion, zoning, certificate status, insurance, property taxes, septic-to-sewer costs and capital required for pool or key expansion.
Key figures
- Price
- $6M
- NOI
- $427K
- Cap rate
- 7.12%
- Occupancy
- 100.0%
- Units
- 17
- Square feet
- 5,808
- Asset class
- Boutique Hotel
- Geography
- Hutchinson Island, Florida
Disclosure
Presented by Merge & Acquire as an authorized co-listing. Financial, occupancy, tenant, lease, renovation and other property information is provided by the owner and/or authorized representatives and has not been independently verified unless expressly stated. Prospective parties should conduct independent legal, financial and property diligence.