Holiday Inn Express & Suites Navarre Development Site
117-room Holiday Inn Express & Suites Development Site, located in Navarre, Florida
Marketing description
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 117-room Holiday Inn Express & Suites Development Site, located in Navarre, Florida - one of Northwest Florida’s most desirable and supply‑constrained coastal markets. With all major approvals in place, the project offers immediate development execution under the IHG‑affiliated Holiday Inn Express & Suites brand, a globally recognized select‑service hotel known for strong operating performance and broad guest appeal. Strategically positioned to capture year‑round demand from leisure, military, and business travelers, the property benefits from proximity to Navarre Beach, regional employment drivers, and major transportation corridors. The Holiday Inn Express & Suites Navarre Development Site offers investors the opportunity to acquire a fully entitled, shovel ready development site approved for a 117-room, IHG branded property in a growing and desirable Florida Gulf Coast market.
Investment highlights
• Holiday Inn Express & Suites by IHG is a highly desirable flag by both investors and consumers alike.
• Fully entitled and shovel-ready site — eliminates entitlement risk and accelerates
timeline to groundbreaking and revenue generation.
• All major entitlements, zoning, and approvals in place, enabling immediate vertical construction.
• Shovel‑ready site significantly reduces development risk and time to market.
• Within close proximity to Navarre Beach, consistently ranked among Florida’s top beaches.
• Immediate proximity to Navarre Beach drives consistent leisure demand from vacationers
seeking value-oriented, branded accommodations near the water.
• Proximity to Eglin Air Force Base and Hurlburt Field drives consistent government and military lodging demand.
• Limited new supply on Navarre Beach relative to neighboring coastal markets, helping protect occupancy and rate stability.
• High barrier-to-entry market due to limited developable land, zoning constraints, and rising construction costs.
• Ideally positioned in between some of Florida’s most desirable Gulf Coast communities such as Pensacola and Destin.
• Broad demand base supported by leisure travelers, military and government demand, contractors, and regional business traffic.
• Ideally positioned just off Navarre Parkway and Highway 87, providing ease of
access and displaying excellent signage to commuters.
• Immediate access to Navarre Parkway, a major east-west corridor driving consistent traffic flow.
• The section of Navarre Parkway and Highway 87 closest to the property has an Average
Annual Daily Traffic (AADT) count of approximately 30,000 vehicles per day.
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