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Lasbury Tracy Realty Inc
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$1,999,000

Active

16872 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 listing’s 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

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:22 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]