Commercial Sale · Hotel/Motel
15227 GULF BOULEVARD, MADEIRA BEACH, FL, 33708
Active104 days on marketListed Apr 21, 2026MLS #TB8500237
About this property
The property at a glance
Pre-Construction. To be built. UPDATE JUNE 11th THERE IS NOW AN APPROVED SITE PLAN IN PLACE FROM THE ZONING DEPARTMENT THAT NOW ONLY NEEDS FINAL APPROVAL FROM THE ZONING BOARD ON AUGUST 3RD Vacant commerical land with plans in place for a mixed use motel/restaurant in place. The commerical lot is located in the town center area and it gives you the best possible zoning anywhere in the city. Complete sealed architectural site plan and civil site plan for and 11 unit hotel with cafe on the ground floor included with the sale. This will save you a year going back and forth with the city and allow you to get the project running quickly. Plans available for review with proof of funds cash offers only but possible private financing with full price offer and 550k down. Allowed zoning link
6,948
Building sq ft
$143
Price / sq ft
0.23
Lot acres
1969
Year built
1
Building
Hotel/Motel
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$5,311/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
15,306
Population
$83,773
Median income
61.1
Median age
1.9
Avg household
$463,700
Median home value
$1,961/mo
Median rent
600
Households w/ kids
Recent sales
What actually sold near 15227 GULF BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,350,000
9921 GULF BOULEVARD
2,560 sqft · $918/sqft · Sold Jul 8, 2025
$15,000,000
11320 GULF BOULEVARD
6,860 sqft · $2,187/sqft · Sold Jul 1, 2025
$780,000
15227 GULF BOULEVARD
2,725 sqft · $286/sqft · Sold Sep 26, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 15227 GULF BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 15227 GULF BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of MURPHY REALTY · Dave Wonsick. MLS #TB8500237.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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