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1544 S OCEAN SHORE BOULEVARD

Commercial For Sale
$2,990,000

BTC: 34.39358756

ETH: 985.14376839

-$385K (2024/11/13)
238 days
Waterfront
0 room(s)
6,796 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
19 to 30 Spaces / Common / Ground Level
Year Built:
1967
Lot:
0.32 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$440
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • 19 to 30 Spaces

    • Common

    • Ground Level

    Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 1812322750000100110

    • Zoning: REC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Utility

    • Electricity Available

    • Phone Available

    • Public

  • Other financial information

    • Annual tax amount: $11,106

  • Source details

    • MLS ID: V4935284

    Other facts

    • Construction Materials: Block / Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Lot Features: City Lot / Sidewalk / Waterfront

    • Window Features: Window Treatments

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: Atlantic Ocean

    • Living Area: 6796

    • Water Source: Public

    • Lot Size Dimensions: 100 x 125

    • Subdivision Name: FUQUAY SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ADAMS, CAMERON & CO., REALTORS