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$ 1,750,000
Est. payment | /mo
4,532 SqFt
$ 1,750,000
Est. payment | /mo
4,532 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,532 sqft
Price per Sqft $386
MLS Listing ID 1109593
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1954
Annual Tax Amount $10,242
Lot Size 0.300 Acres
Lot Dimensions 0.3
Property Description
Unbelievable investment opportunity in Flagler Beach, Fl. This amazing boutique Oceanfront motel sits on 100' of some of Florida's most beautiful beaches. Closed for the last few years, the property will require a full renovation allowing new owners to design and complete to their discretion. The current layout offers 10 guest rooms, a large owner/managers suite, laundry room, spacious garage and ample parking. Flagler Beach is located along Florida's Atlantic Coast between Daytona Beach and St. Augustine offering a quaint downtown, sparkling beaches, waterfront dining, and a wonderful family friendly atmosphere with free access to the beach. Visitors will enjoy easy access from Orlando and Jacksonville airports and is just a few minutes drive from I-95. Palm Coast and Flagler Beaches hotels & resorts enjoy 60.5% occupancy with an average daily rate of $150 for November of 2022.
The property is zoned TC-Tourist Commercial allowing for Motels, Hotels, Bed and Breakfast, Restaurants, Gift Shops and several other uses.
Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
The property is zoned TC-Tourist Commercial allowing for Motels, Hotels, Bed and Breakfast, Restaurants, Gift Shops and several other uses.
Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
Location
State FL
County Flagler
Direction East on SR 100 from I-95 to South on Ocean Shore Blvd. for 1 mile. Property on West side of Ocean Shore Blvd.
Exterior
Utilities Available Separate Electric Meters, Separate Water Meters
Roof Type Shingle
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 18-12-32-2750-00001-0050
Listed by Realty Pros Assured
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William Dailey