$1,999,000
Active16872 SE Highway 19, Cross City, FL 32628
1.14 acre lot
Listing courtesy of CEDERMAN PROPERTIES Β· MLS# TB8513435
153 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
This well-established, recently renovated 25-room, plus Manager apartment, 2-bedroom/ 2 bath, and Kitchen. Total 12,016 sq-ft. Motel. Plus 4896 sq-ft. Restaurant property presents a unique investment opportunity in the heart of Cross City, Florida, situated directly on major highways (US-19, 98, and Alt-27) with excellent visibility and steady traveler traffic. The charming two-story Motel features comfortable guest accommodations with amenities such as free Wi-Fi, air conditioning, and in-room conveniences, creating a welcoming stay for visitors year-round. Adjacent to the motel, the on-site restaurant offers a family-friendly dining experience with popular American cuisine and all-day breakfast, providing an additional revenue stream and strong local appeal. Together, the motel, restaurant, and underlying land form a cohesive, income-producing property in a prime location near the Gulf of Mexico, the Suwannee River, and popular coastal destinations, making it an ideal opportunity for owner-operators or investors seeking growth potential in North Florida.
Facts
- Property type
- Hotel/Motel
- Year built
- 1961
- Exposure
- East
- Flood zone
- X
- Annual taxes
- $19,055/yr
- Listed
- May 28, 2026
- MLS #
- TB8513435
Commercial details
Building & site
- Building size
- 16,912 SF
- Lot size
- 1.14 acres (62,674 SF)
- Zoning
- 39
- Parking spaces
- 46
- Road frontage
- Access Road, Highway, Other
- Buildings
- 2
- Occupancy
- Owner-occupied
Investor metrics
- Price per SF (MLS)
- $118.20/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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16872 SE Highway 19, Cross City, FL 32628
Listing courtesy of CEDERMAN PROPERTIES Β· MLS# TB8513435 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
