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For Sale

$549,000

487 W MAIN STREET
Mayo, FL 32066

Sqft 4,200 sqft
Nestled in the quiet small rural town of Mayo, Florida, fronting on US 27. This Motel is centered near many recreational activities such as fishing, hunting, diving, hiking and swimming in nearby clear springs. Boat ramp not far to explore the Suwannee River. Motel and property extremely well kept. Includes managers apartment, two storage buildings and all equipment used now to maintain property. Adjoining RV park also available only with purchase of motel. Excellent investment with a cap rate of 8. Read More

Market Status
Available
Last Updated
June 16, 2021

Property Type
Commercial Property
Year Built
1955
Stories
1
Cable/Satellite TV
Cable Ready
Cooling System
Wall Unit(s) A/C
Heating System
Wall Unit
Roof
Composition Shingle
Stories
1.0
Exterior Construction
Block; Concrete Block
Parking
Paved or Surfaced; 20 spaces
Alarm System
-
Floors
Carpet - Full
Property Type
Commercial; Commercial

Local Market Conditions

There are currently 13 properties for sale in the Mayo, FL area with the average listing price of $300,608. This represents an increase of +4.3% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +7.6% increase. To learn more about the Mayo, FL area, contact a local expert!

Market Snapshot for Mayo, FL

Avg. Listing Price

$300,608

Wk ending Jun 19

$+12,392

+4.3%

w-o-w

13

24

12

5

1

Average Listing Price for Mayo, FL
No. BedroomsNo. Beds Week Ending
(Jun 19)
w-o-w Week Ending
(Jun 12)
Week Ending
(Jun 5)
Week Ending
(May 29)
All PropertiesAll $300,608 +4.3% $288,216 $288,216 $288,216
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR - +0.0% - - -
3 bedrooms3 BR $276,434 +7.6% $256,977 $256,977 $256,977
4 bedrooms4 BR $407,000 -1.1% $411,667 $411,667 $411,667

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Listing Provided By:

William Golightly

Phone
This $549,000 Commercial Property at 487 W MAIN STREET in Mayo, FL is presented by William Golightly. This $549,000 Commercial Property, located in the 32066 zip code, has the following property features: Roof, Cable/Satellite TV, Floors, Cooling System. This 487 W MAIN STREET Commercial Property is listed under MLS listing number 110073 and has a listing price of $549,000. You can find more Mayo homes for sale here.

Data Provided by North Florida Multiple Listing Service

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