2502 Tamarind Dr - Seahorse Beach Bungalows Hotel - Hospitality
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Seahorse Beach Bungalows | 17-Key Boutique Hotel Steps from the Beach
SEAHORSE BEACH BUNGALOWS — 17-KEY RENOVATED BOUTIQUE HOTEL | NORTH HUTCHINSON ISLAND, FL
Florida Dreams Realty Group is pleased to present Seahorse Beach Bungalows, a fully renovated 17-key boutique hotel located at 2502 Tamarind Drive, North Hutchinson Island, Florida, one block from the Atlantic Ocean. Positioned on the same barrier island as luxury destinations including Disney's Vero Beach Resort, Costa d'Este, Kimpton Vero Beach, Windsor, and Orchid Island, Seahorse offers investors an entry point into Florida's coastal hospitality market at a significantly lower basis.
Offering Price: $5,995,000 ($352,647 per key)
The property has undergone approximately $1.5 million in renovations between 2023 and 2026, including complete room renovations, custom furnishings, quartz countertops, upgraded bathrooms, new HVAC mini-split systems throughout all guest rooms, and a new metal roof installed in 2024. All 17 units include kitchenettes with modern appliances and upgraded finishes.
Q1 2026 Performance:
Revenue: $184,447
Occupancy: 77.3%
ADR: $170.04
RevPAR: $131.32
The hotel features:
2 Queen Guest Rooms
10 Queen Kitchenette Suites
5 Double Queen Suites accommodating up to 6 guests
17 total keys
Approximately 5,034 SF on 0.43 acres
A unique differentiator is the property's extensive accessibility features, with the majority of rooms offering ADA-friendly accommodations, expanding demand from corporate, government, and medical-travel segments.
Located near Fort Pierce Inlet State Park, Pepper Park Beach, the Navy UDT-SEAL Museum, downtown Fort Pierce, and the future commercial passenger service at Treasure Coast International Airport, the property benefits from multiple tourism and infrastructure growth drivers.
Several value-add opportunities remain available, including ADR growth toward comparable barrier island properties, group retreats and event programming, additional room expansion, and a future pool amenity. These initiatives provide meaningful upside for an owner seeking to further reposition and enhance the asset.
The property is offered below replacement cost and below comparable renovated boutique hotel transactions, creating a compelling investment opportunity on Florida's rapidly growing Treasure Coast.
Offering Memorandum, operating statements, and additional financial information are available upon execution of a Non-Disclosure Agreement (NDA). Showings are by appointment only.
ADRIANA MONTES
Broker | Florida Dreams Realty Group
FL License BK 3096165
Florida Dreams Realty Group is pleased to present Seahorse Beach Bungalows, a fully renovated 17-key boutique hotel located at 2502 Tamarind Drive, North Hutchinson Island, Florida, one block from the Atlantic Ocean. Positioned on the same barrier island as luxury destinations including Disney's Vero Beach Resort, Costa d'Este, Kimpton Vero Beach, Windsor, and Orchid Island, Seahorse offers investors an entry point into Florida's coastal hospitality market at a significantly lower basis.
Offering Price: $5,995,000 ($352,647 per key)
The property has undergone approximately $1.5 million in renovations between 2023 and 2026, including complete room renovations, custom furnishings, quartz countertops, upgraded bathrooms, new HVAC mini-split systems throughout all guest rooms, and a new metal roof installed in 2024. All 17 units include kitchenettes with modern appliances and upgraded finishes.
Q1 2026 Performance:
Revenue: $184,447
Occupancy: 77.3%
ADR: $170.04
RevPAR: $131.32
The hotel features:
2 Queen Guest Rooms
10 Queen Kitchenette Suites
5 Double Queen Suites accommodating up to 6 guests
17 total keys
Approximately 5,034 SF on 0.43 acres
A unique differentiator is the property's extensive accessibility features, with the majority of rooms offering ADA-friendly accommodations, expanding demand from corporate, government, and medical-travel segments.
Located near Fort Pierce Inlet State Park, Pepper Park Beach, the Navy UDT-SEAL Museum, downtown Fort Pierce, and the future commercial passenger service at Treasure Coast International Airport, the property benefits from multiple tourism and infrastructure growth drivers.
Several value-add opportunities remain available, including ADR growth toward comparable barrier island properties, group retreats and event programming, additional room expansion, and a future pool amenity. These initiatives provide meaningful upside for an owner seeking to further reposition and enhance the asset.
The property is offered below replacement cost and below comparable renovated boutique hotel transactions, creating a compelling investment opportunity on Florida's rapidly growing Treasure Coast.
Offering Memorandum, operating statements, and additional financial information are available upon execution of a Non-Disclosure Agreement (NDA). Showings are by appointment only.
ADRIANA MONTES
Broker | Florida Dreams Realty Group
FL License BK 3096165
About the Sale
- Transition Support
- SEAHORSE BEACH BUNGALOWS – 17-KEY BOUTIQUE HOTEL | FORT PIERCE, FL
Fully renovated boutique hotel located one block from the Atlantic Ocean on North Hutchinson Island. Offered at $5,995,000 ($352,647/key). Features 17 guest rooms, kitchenettes, new HVAC systems, updated interiors, and strong operating performance with 77.3% occupancy and $170 ADR (Q1 2026). Significant upside through ADR growth, events, retreats, and future expansion opportunities. Prime location near beaches, parks, downtown Fort Pierce, and Treasure Coast International Airport.
Contact:
Adriana Montes
Florida Dreams Realty Group
Listing Info
- ID
- 2514863
- Listing Views
- 401
Listing ID: 2514863 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
