2500 33rd St - Hospitality FOR SALE


Orlando, FL 32839- Park Central
$11,900,000 USD
305-482-3259
2500 33rd St, Orlando, FL for Sale
$11,900,000 USD
Hospitality - FOR SALE
1/31
null | Request Cap Rate

2500 33rd St
Orlando, FL 32839
Park Central


HIGHLIGHTS

  • Central Location

OVERVIEW

Marketing description Baymont by Wyndham Downtown Orlando presents a compelling investment opportunity in one of Central Florida’s most active commercial corridors. Located just minutes from The Mall at Millenia, Universal Studios, and downtown Orlando, this 200-room hotel is ideally positioned to capture both tourism-driven demand and local business travel. The property offers a diverse mix of guest rooms, a meeting room, outdoor pool, fitness center, breakfast area, and ample surface parking. Recent improvements and a strategic rebranding under Wyndham’s refreshed Baymont flag have elevated the hotel’s positioning, with increased brand contribution expected to drive stronger topline performance. Additionally, a pending agreement with a park-and-fly operator at nearby Orlando International Airport is projected to create a meaningful ancillary revenue stream. With Orlando’s tourism and business ecosystems continuing to outperform national averages, and the Millenia submarket undergoing sustained commercial growth, this asset offers a stable cash-flow profile with strong upside potential. Baymont North Millenia is well-suited for investors seeking a branded, cash-generating hotel in a resilient, year-round demand market. Investment highlights -Prime Orlando Location – Strategically positioned off I-4 in the Millenia corridor, just minutes from Universal Studios, The Mall at Millenia, and downtown Orlando’s business and entertainment districts. -Significant Capital Improvements: Approximately $3,000,000 spent in capital improvements for the property completed in 2024 -Attractive Basis: Fully Renovated Rooms for well below replacement cost of $59,500 Price Per Key -Still Ramping up: Upside as hotel is still ramping up doing 72% rev par penetration for 2025 -Trending Upwards: Revpar went up 23% from ‘24 to ’25 and up 60% for the month of Dec 2025 -Close to Major Demand Generators – Proximity to Universal Orlando Resort, Orlando International Premium Outlets, Orange County Convention Center, and major healthcare and shopping centers. -Explosive Revenue Growth – Property revenue has nearly doubled year-over-year, up 99.9% ($1.09M vs. $544K), demonstrating strong post-rebrand performance and operational upside potential.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

200

PRICE/ROOM

$59,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Developer Inn Downtown Orlando, a Baymont

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

185

LAND DETAILS

LAND ACRES

3.82 AC

LAND SF

166,543 SF

ZONING

C-1

APN/PARCEL ID

09-2329-0000-00-048

ASK ABOUT THIS PROPERTY

William BetancourtKeller Williams RealtyMore Info
305-482-3259

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William BetancourtKeller Williams RealtyMore Info
305-482-3259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.