Florida / Clewiston / 33440 / 108 Royal Palm Avenue

108 Royal Palm Avenue

Q: What is the asking price for 108 Royal Palm Avenue in Clewiston?

The asking price for 108 Royal Palm Avenue is $2,250,000

Q: What is the building size of this Specialty property in Clewiston, FL?

The size of the building/unit at 108 Royal Palm Avenue in Clewiston is 15,666 square feet.

Q: What kind of Specialty is the property at 108 Royal Palm Avenue?

The property at 108 Royal Palm Avenue Clewiston, FL 33440 is listed as a Hotel/Motel/Resort Specialty property.

Q: What is the population within 1 mile of 108 Royal Palm Avenue?

The population within 1 mile of 108 Royal Palm Avenue Clewiston, FL 33440 is 4,597 people.

Q: Who do I contact for questions about 108 Royal Palm Avenue?

You should contact the listing agent, David Greenburg, for any details regarding this commercial listing.

Clewiston, FL 33440

Americas Best Value Inn

Listing ID: 275612

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Building Size: 15,666 SF

Lot Size: --

Land Size: --

Building $/SF: $143.62

Land $/SF:

Price

$2,250,000

Property Highlights

Minimal Property Improvement Plan PIP Costs Expected for A New Owner

Excellent Entry-Level Property for A First-Time Hotel Investor

Registered as A National Historic Site

Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 57-room Americas Best Value Inn located in Clewiston, Florida. The property is a two-story hotel located directly off of U.S. Highway 27, a major thoroughfare of southern Florida. Clewiston is known for its sugarcane crop, and the Americas Best Value Inn is located adjacent to Civic Park, the site of the annual Clewiston Sugar Festival, an event which attracts nearly 20,000 people. In addition to Civic Park, the hotel benefits from being within close proximity to a variety of other demand generators including: Hendry Regional Medical Center, Airglades International Airport and Clewiston Sugar Factory, amongst others. The Americas Best Value Inn offers investors the opportunity to acquire an easily-manageable hotel with minimal expected Property Improvement Plan (PIP) costs.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 108 Royal Palm Avenue Clewiston, FL 33440

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		4,597	14,608	15,768
Population Median Age		37	36	36
Population by Age	0-9 Yrs	538 (11%)	1880 (12%)	1980 (12%)
	10-19 Yrs	783 (17%)	2343 (16%)	2464 (15%)
	20-29 Yrs	635 (13%)	2074 (14%)	2324 (14%)
	30-39 Yrs	541 (11%)	1721 (11%)	1877 (11%)
	40-49 Yrs	590 (12%)	2016 (13%)	2207 (13%)
	50-59 Yrs	728 (15%)	2248 (15%)	2418 (15%)
	60-69 Yrs	363 (7%)	1142 (7%)	1226 (7%)
	70+ Yrs	418 (9%)	1184 (8%)	1272 (8%)

Median HH Income		$40,735	$43,868	$43,694
Total Household Income	< 24K	425 (26%)	1337 (29%)	1446 (29%)
	25-49K	567 (35%)	1218 (26%)	1282 (26%)
	50-74K	267 (16%)	832 (18%)	863 (17%)
	75-99K	197 (12%)	580 (12%)	662 (13%)
	100-199K	114 (7%)	464 (10%)	486 (9%)
	200K+	34 (2%)	172 (3%)	173 (3%)

Highest Education Level	No Diploma	1174	2765	3082
	Diploma or GED	933	3196	3419
	Some College	378	1567	1661
	Assoc. Degree	273	868	972
	Bachelors Degree	130	708	738
	Higher Degree	61	220	236

Total Housing Units		1,867	5,184	5,545
--Owner-Occupied		749	2,872	3,086
--Renter-Occupied		854	1,731	1,825
Owner-Occupied Values	< 100K	450	1631	1776
	100-199K	204	849	900
	200-299K	65	213	218
	300-399K	21	142	148
	400-499K	4	8	8
	500K+	6	30	35

Total Working Age Population		3,673	11,392	12,398
In Work Force		2,405	7,504	8,284
Not In Work Force		1,268	3,889	4,114
Workforce Employed		2,062	6,904	7,669
Workforce Unemployed		343	599	616
Civlian Workforce		2,405	7,504	8,284
Military Workforce		0	0	0

Total Households		1,604	4,603	4,912
Family Households		1,061	3,376	3,563
Non-Family Households		543	1,227	1,348
Married Couple		533	1,994	2,153
Other Family		528	1,382	1,410
Married w/Child		243	825	895
Single Male w/Child		11	54	56
Single Female w/Child		282	654	675

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Glades County	10,576	+22	12,884	+3	13,208	+5	13,853
Hendry County	36,210	+8	39,140	+3	40,334	+7	43,232
Palm Beach County	1,131,184	+17	1,320,134	+12	1,473,738	+11	1,640,998

Common Questions and Answers

What is the asking price for 108 Royal Palm Avenue in Clewiston?

The asking price for 108 Royal Palm Avenue is $2,250,000

What is the building size of this Specialty property in Clewiston, FL?

The size of the building/unit at 108 Royal Palm Avenue in Clewiston is 15,666 square feet

What kind of Specialty is the property at 108 Royal Palm Avenue?

The property at 108 Royal Palm Avenue Clewiston, FL 33440 is listed as a Hotel/Motel/Resort Specialty property

What is the population within 1 mile of 108 Royal Palm Avenue in Clewiston?

The population within 1 mile of 108 Royal Palm Avenue Clewiston, FL 33440 is 4,597 people.

Who do I contact for questions about 108 Royal Palm Avenue?

You should contact the listing agent, David Greenburg, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Palm Beach International Airport (PBI)	52
Southwest Florida International Airport (RSW)	53
Fort Lauderdale Hollywood International Airport (FLL)	67

108 Royal Palm Avenue

Clewiston, FL 33440

Property Highlights

Description

CONTACT AGENT

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Clewiston Area Market Trends

Listing Demographics for 108 Royal Palm Avenue Clewiston, FL 33440

Common Questions and Answers

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Closest Commercial Airports

David Greenburg

Marcus & Millichap

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CONTACT AGENT

Christopher Passeggiata

Independent Agent

Gabriel Shamay

Independent Agent

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