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278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] ISLAND TIME INN 105 Bridge Street Bradenton Beach, Fl 34217 Quaint Boutique Inn across from Bradenton Beach

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Page 1: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

ISLAND TIME INN 105 Bridge Street

Bradenton Beach, Fl 34217

Quaint Boutique Inn across from Bradenton Beach

Page 2: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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Location Description Set among shops and 1 block from Bradenton Beach on the Gulf of Mexico, this quaint hotel with a laid-back vibe is located within walking distance of beautiful Bradenton Beach. Across from the famed Beach House Restaurant and behind Island Time Bar and Grill with roof top dining and live music. Also located in between an up and coming upscale restaurant and next door to a 3 Million Dollar Daquiri Hut. It’s 17 miles from I-75, and 4 miles from birdwatching at Perico Preserve. This location offers the best shopping, dining, and nightlife with live music on the Island all within walking distance to the hotel. Activities nearby include parasailing, jet ski, kayaking, biking, dolphin tours, and more!

CONFIDENTIAL LISTING – DO NOT CONTACT OWNER OR EMPLOYEES

• MUST REGISTER CLIENT WITH LISTING BROKER

• www.islandtimeinn.com

• Walk across street to Bradenton Beach

• Recently Remodeled

Property Description

This sale includes a small Boutique Hotel with an attached Retail store front-office. The hotel property is conveniently located at the entrance to famous Bridge Street near the roundabout. Located across the street from Bradenton Beach and down the street from the Bridge Street Fishing Pier, this boutique hotel Property includes (3) three 2BR/1BA units, (3) three efficiencies, (2) two hotel rooms and a storefront. Rooms and Suites have been remodeled with pleasant lighter Coastal Décor in blues and sea foam greens. Some suites have full kitchens the rest have mini kitchens with fridge and microwave only. All rooms have flat screen TV's and Wi-Fi services entire property. Small bistro sets located in front of each room/suite and provide additional private places to sit outdoors surrounded by tropical foliage. A paver courtyard garden patio with a fountain and lush tropical foliage offer an outdoor entertaining area complete with chairs, tables, umbrellas and grills for guests to use. This hotel has a historical background. Babe Ruth stayed here in the winter frequently. He was known to sit on the second-floor balcony overlooking the Gulf smoking his cigars. Make this unique property your own

Tropical Vacation rental property with year-round income before it's gone. Dedicated Parking on property.

105 Bridge Street Bradenton Beach, FL 34217

County: Manatee

Property Type: Multi family/ Multiplex

No. of Buildings: 2

No. of Stories: 2

No. of Units/Rooms: 10

Building Area Size: 4700

Lot Size/Acres: 0.1148 ac

Year Buil t: 1935

Pool: No

Price: $2,050,000.00 OBO

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EXECUTIVE SUMMARY

Page 3: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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2015 2016 2017 2018

GROSS INCOME

Note: Limited OTA participant

OCCUPANCY RATE

ADR

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REVENUE - OCCUPANCY

Sign NDA for Confidential Financial Information

Page 4: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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PROPERTY MAPS

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Page 5: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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AERIAL VIEW

Page 6: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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HOTEL PHOTOS

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Page 7: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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HOTEL PHOTOS

Page 8: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

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HOTEL PHOTOS

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Page 9: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

TRAFFIC COUNTS

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Page 10: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

ABOUT THE ISLAND OF ANNA MARIA

Anna Maria Island is a quaint barrier island on Florida’s Gulf Coast. Beautiful turquoise waters and white sandy beaches are the main attraction here. It is a place where “old” Florida charm can still be found, flip flops are a way of life and the speed limit never exceeds 35mph. In the small resort city of Anna Maria, Pine Avenue is lined with shops, galleries and eateries. Anna Maria Island Historical Society Museum features a restored 1920 cottage. Nearby, the wooden City Pier dates from 1911. In Bradenton Beach City, Bridge Street Market sells food, art and jewelry. High rise condos and fast food restaurants are pleasantly absent from our pristine “get away from it all” island. Our accommodations and restaurants offer something for everyone. From quaint cottages by the sea to deluxe suites, from million-dollar villas to rustic cottages to own, One visit to Anna Maria Island and you will be calling it, “My island in the sun”.

Location:

Our small, 7 mile island is home to 3 cities: The southern city of Bradenton Beach with a population of 2,000, the central city of Holmes Beach with a population of just over 5,000 & the northern city of Anna Maria with a population of just over 1,800.

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ABOUT ANNA MARIA ISLAND, FL

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Page 11: ISLAND TIME INN - LoopNet...the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system. Early Construction During

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

105 Bridge Street Bradenton Beach, FL 34217

Brief History of Anna Maria Island:

A Bit of History – Old World Living & Old Florida Charm

Island Inhabitants The island was originally used for hunting and fishing by various Indian tribes and the only way on and off the island was by boat. Visit the Anna Maria Island Historical Society for a look at this island paradise in its original form when it was discovered by the local Timucan and Caloosan American Indian tribes and then by Spanish explorers (including Hernando DeSoto) in the name of the Spanish Crown. In 1892 George Emerson Bean became the first permanent resident on the Island, followed by John Roser. Bean settled on the northern tip of the island, now known as Bean Point. It was Bean, his son Will along with Charles Roser who developed the area by adding streets, a water system and homes. Shortly after came a school and churches which lead to the begin- ning of an island community. A jail was built in 1927 for the drunk and disorderly visitors which is still standing today on Pine Avenue without a roof due to a fire in the 1940’s. Mr. Bean home- steaded much of what is now the City of Anna Maria. In the early 1900s, Bean began to develop the Island with the Anna Maria Beach Company, which laid out streets, built sidewalks and houses and installed a water system.

Early Construction During this time, John Roser built the first house of worship, Roser Memorial Community Church, in memory of his mother. Roser was the creator of the Fig Newton, which he eventually sold to Nabisco Brands. Roser Memorial Community Church still stands and attends to the spiritual needs of Islanders. Typical of the early buildings is the present Island Playhouse, which was built on the

mainland. It was transported to the Island by barge and has served the community during its long life as church, school, social and city hall.

The Magnolia Avenue School was built in the early 1900s and has since been replaced with the Anna Maria Island Elementary School, which is located in the City of Holmes Beach. The present school draws students from north Longboat Key as well as Anna Maria Island; it has a student body of just under of 400.

First Bridges Anna Maria first appeared as a barrier island on unofficial US maps in 1848. In 1911 the Anna Maria City Pier was built. In May of 2011 this bridge will be celebrating its 100 Year Anniversary with a big “City Pier Centennial” festival. In 1921 the first wooden bridge was built connecting the island to the mainland in the fishing village of Cortez. The Bradenton Beach fishing pier is the western end of that original bridge. Throughout the developmental period of the Island, local city governments have worked diligently to preserve the heritage of This “Island In The Sun”, Anna Maria Island.

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