Waterfront
Address
1544 S Ocean Shore BOULEVARD, FLAGLER BEACH, FL
Price
$ 3,375,000
Property Attributes
- MLS#V4935284
- TypeCommercial
- CountyFLAGLER
- CityFLAGLER BEACH
- AreaFlagler Beach
- NeighborhoodFuquay Sub
- Zip32136
- StyleHotel/Motel
- Year Built1967
- Taxes$ 11106
- Price$ 3,375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6796
- Lot Size0.32 Acres
Data Source:
Stellar MLS
Property Description
Welcome to the beachfront community of Flagler Beach, Floridaa Charming Retro Beach Community The Beachfront Motel is a 20 room motel located on scenic A1A with unobstructed ocean views in the tourist district of downtown Flagler Beach. Flagler Beach has Old Florida charm with locally-owned businesses offering restaurantes (no chains) with homemade cooking, local artists’ creations, and small town hospitality. The city of Flager Beach has six miles of beaches, bountiful fishing, beachside shops, waterfront restaurants and State parks. Its laid-back atmosphere and retro vibe makes it a popular destination for vacationers looking for a blend of relaxation and things to do. Key Features 1. **Convenient to Travel** South of Flagler Beach is Daytona Beach (15 miles) and Orlando (75 miles). North is St. Augustine (35 miles) and Jacksonville (75 miles).via I-95 or the scenic route on A1A. 2. **Prime Location**: Situated on scenic SR A1A with unobstructed ocean views, the property offers easy access to the beach via a dune walkover across the street. This part of the beach is pet friendly as is the Motel. Its walkable proximity to entertainment, shopping, and dining options makes it highly desirable for tourists.This walkability, plus the laid-back nature of Flagler Beach, have lured visitors away from busier beach towns like Hilton Head and New Smyrna Beach. 2. **Turn-Key Motel Business** Built in 1967, the current owner has owned and operated the property for 27 years, making improvements and upgrades to the Motel and rooms over the years, the latest being a new roof in 2024. Beachfront Motel has a loyal following with consistent repeat business. Additionally, there is a strong management team currently in place that has significantly increased positive online reviews and bookings. 2023 bookings were increased 10% over those in 2022. 3. **Strong Growth Potential**: The ongoing development projects in Flagler Beach are expected to enhance the community's exposure nationally. Current projects in Flagler Beach include the $12.5 million Flagler Pier replacement and the new $17 million 100 room Margaritaville Hotel by Compass one block west of A1A on State Rd 100, just 15 blocks south of the Motel. These projects are expected to increase the upside potential of the Beachfront Motel. 4. **The Motel**:The well-appointed rooms are decorated with a retro beach vibe. There are choices in room size and amenities, with some having kitchenettes. Enjoy the views and ocean breezes from the walkway balcony. With the ongoing development projects expected to increase the community's exposure nationally resulting in increased bookings and room rates, the Beachfront Motel, with its prime location and Tourist Commercial Zoning, is well-positioned to capitalize on the growing interest in Flagler Beach as a tourist destination. Overall, it is an excellent investment opportunity for those wishing to purchase beachfront property and/or looking to enter the hospitality business in this charming beachfront community.
| Price History | |
|---|---|
| 3/21/2024 | Listed $3,375,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Available,Phone Available,Public |
| Roof | Shingle |
| Zoning | REC |
| Security Features | Smoke Detector(s) |
| Construction Materials | Block,Wood Frame,Wood Siding |
| Year Built | 1967 |
| Property SubType | Hotel/Motel |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Waterfront Features | Waterfront,Gulf/Ocean |
| Community Features | Beach Area,Sidewalks |
| County | Flagler |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | FUQUAY SUB |
| Facing Direction | East |
| Building Features | Bathrooms,Common Lighting |
| Status | Active |
| Directions | From I95,go east on State Rd 100 to A1A,then south to the property. |
| City | FLAGLER BEACH |
| Buyer Agent Compensation | 2.5% |
| Body of Water | Atlantic Ocean |
| Total Units | 20 |
| MLS Area | 32136 - Flagler Beach |
| Lot Size Square Feet | 13721 |
| Waterfront Y/N | Yes |
| Street Name | Ocean Shore |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 11106.05 |
| Property Condition | Completed |
| Public Remarks | Welcome to the beachfront community of Flagler Beach,Floridaa Charming Retro Beach Community The Beachfront Motel is a 20 room motel located on scenic A1A with unobstructed ocean views in the touris |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/V4935284 |
| Days on Market | 13 |
| Standard Status | Active |
| Tax Lot | 11 |
| Legal Description | FUQUAY SUB DIV BLOCK 1 LOTS 11 AND 12 AND EAST OF A1A OPP BLK 1 BEING THE SLY 30' OF LT 11 AND ALL OF LT 12 OR 92 PG 356 OR 143 PG 303 OR 309 PG 649 OR 311 PG 427 OR 371 PG 939 OR 481 PG 282(CT) OR 4 |
| Water View | Beach,Gulf/Ocean - Full |
| Water Access Type | Beach,Gulf/Ocean |
| Water Access Y/N | Yes |
| Water View Y/N | Yes |
Interior Features
| Flooring | Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Window Treatments |
| Street Suffix | BOULEVARD |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | 19 to 30 Spaces,Common,Ground Level |
|---|---|
| Lot Features | City Lot,Sidewalk,Waterfront |
| Water Source | Public |
| Lot Size Area | 13721 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 8777 |
| Lot Dimensions | 100 x 125 |
| Lot Size Acres | 0.32 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | Street Paved,City Street,Highway,Main Throrughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32136
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 12, 2024 10:48 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
