Hodges Ward Elliott (“HWE”) has been exclusively retained to offer for sale the Courtyard by Marriott Bradenton Sarasota/Riverfront (the “Hotel” or “Property”), a gulf front 153-key hotel located along the highly-trafficked Bradenton Riverwalk just north of Sarasota, Florida. Positioned between the Hernando DeSoto Bridge (SR-301) and the Green Bridge (SR-41), the Property benefits from exceptional visibility and accessibility, with direct connectivity to the Sunshine Skyway Bridge which directly connects the area to the broader Tampa–St. Petersburg–Sarasota MSA. The Hotel is proximate to key transportation infrastructure, including Sarasota-Bradenton International Airport (SRQ) and Tampa International Airport (TPA). Notably, TPA began construction in December 2024 on its $1.5 billion, 16-gate, “Airside D” terminal which is set to open in 2028 and is the first new terminal at TPA in over 20 years.
| Address | 100 Riverfront Blvd, Bradenton, FL 34205 |
| Keys | 153 |
| Buildings | 3 |
| Year Opened | 1985 |
| Meeting Space | 9,446 SF |
| Food & Beverage | The Bistro |
| Amenities | Outdoor pool, hot tub, fitness center |
| Site Area | 6.85-Acres |
| Parking | 317 spaces (complimentary) |
| Build | Reinforced concrete slab |
| Management | Unencumbered |
| Brand | Courtyard by Marriott |
| Interest | Leasehold interest (paid in full until 2079; one 99 year extension option; City of Bradenton) |
| Labor | Non-union |
Investment Highlights
Strong In-Place Cash Flow
The Hotel has strong trailing twelve cash flow translating to immediate yield and coverage on day one. The Hotel will benefit from a thoughtful renovation enabling it to drive ADR on pace with the market. Given the Hotel’s current cash flow, the Property will be financeable from myriad debt buckets.
Ability to Convert Unused Restaurant Space
The Property sites on a 6.85-acre, riverfront site in downtown Bradenton. On the site, there is a 8,000-square foot, vacant building that was previously used as a nightclub but has not been operational in XX years. Brand name food and beverage operators have approached ownership over the years to lease or operate the space as a commercial restaurant. Given the location of the building along the Bradenton Riverwalk, there is significant opportunity to drive food and beverage revenue or lease income at the Property from demand from guests and locals. The Bradenton Riverwalk is a publicly-cared for and accessed scenic pathway that runs along the river and the Property’s edge.
Robust Accessibility
The Sarasota/Bradenton market offers exceptional regional accessibility, located within a one-day drive of numerous major Southeast metros totaling over 22 million residents. The area is served by two major airports, Sarasota-Bradenton International Airport (SRQ) and Tampa International Airport (TPA), both of which have recently completed or initiated major terminal expansions in response to record-setting passenger growth and long-term demand projections.
The Property enjoys a highly-visible and accessible location just five minutes from I-75, the primary north-south transportation corridor along Florida’s Gulf Coast and the busiest roadway in Manatee County, averaging more than 100,000 vehicles per day through Bradenton alone. This strategic positioning allows the Hotel to capture a wide range of demand drivers, including local, regional, and transient business across leisure, corporate, and group segments.
Sarasota/Bradenton remains one of the fastest-growing communities in the nation, fueled by robust in-migration, a pro-business environment, and a high quality of life. Reflecting its growing appeal, the area was ranked #5 on U.S. News & World Report’s 2023-2024 list of “Best Places to Live in the U.S.”, illustrating the market’s longterm residential and tourism potential.
Extremely Well-Built Asset
Originally constructed in 1985, the Hotel comprises three interconnected, concrete-built towers. Well-maintained by both current and previous ownership, the building has consistently demonstrated its resilience and long-term structural integrity over the decades. The Property’s performance will be bolstered by a refreshing property improvement plan.
Top Ranked Beaches Only Minutes Away
World-class beaches are just a short drive west of the Hotel, with Anna Maria Island and Bradenton Beach only 20 minutes away. Just to the south lie Longboat Key, Lido Key, and Siesta Key, some of the region’s most prestigious residential and resort destinations. Siesta Key, in particular, has garnered national acclaim for its pristine, powdery white sand, earning repeated recognition as one of the best beaches in the country, including TripAdvisor’s #1 “Best Beach in the U.S.” in 2017, 2020, 2022, and 2025.
Strong Sports Hub
The Sarasota / Bradenton market has always had exceptionally strong ties to the sporting community, stemming from generations of families traveling to watch any of the three Major League Baseball teams that call this market home (if only for a few weeks). Each year thousands of baseball fans drive or fly to the area for an intimate opportunity to watch the Baltimore Orioles (Sarasota), Pittsburgh Pirates (Bradenton), or Atlanta Braves (North Port) during Spring Training.
IMG Academy is a world class facility for sports development and education. The facility is now over 600 acres and features 10 sport programs, including Bollettieri Tennis. With an enrollment of over 1,300 students, IMG Academy is a premier athletic institution renowned for developing top-tier talent. Impressively, more than 60% of its graduates go on to compete at NCAA Division I programs, and the same percentage earn scholarships, showcasing the Academy’s unmatched ability to prepare student-athletes for the next level. The campus also operates 19 different summer camps, training programs at the professional level, and the Gatorade Sports Science Institute. IMG has a substantial growth plan for the region and can expect to see construction increased in the years to come. Located just six miles from the Hotel, IMG Academy has an ambitious growth plan for the region, with significant expansion expected in the coming years. Plans include doubling the size of its campus center to 80,000 square feet and constructing new dormitories to increase on-campus housing capacity and support its growing student population.
Unencumbered of Management, Discount to Replacement Cost
The Courtyard is offered free and clear of any existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel. Given the recent increases in labor, construction, and lending rates, the Hotel’s anticipated sale price will be at a strong discount to today’s replacement cost.
Power of Marriott
Marriott International is the parent company to 30 different hotel brands, of which, the Courtyard is the most highly rated and sought after select-service flag offered. Marriott Bonvoy has over 203 million loyalty members worldwide and is the largest hotel company in the world.