Iconic I-Drive hotel sells for $31M

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

The iconic 301-room Four Points by Sheraton Orlando International Drive has sold in a big deal.

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Owner Ben Mallah, managing member of Largo-based Equity Management Partners, sold the hotel on 4.55 acres at 5905 International Drive for $31 million on Aug. 24, he told Orlando Business Journal.

It last sold for $23 million in 2016.

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The hotel’s 2021 appraised value was $13.4 million, down from $15.9 million in 2020, according to the Orange County Property Appraiser.

Click here to read Richard Bilbao’s story on the Orlando Business Journal’s website.

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See a map of the hotel below:

Cox Media Group