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901 N OCEAN SHORE BOULEVARD

Multi-family For Sale
$2,200,000

BTC: 22.15508560

ETH: 674.72037441

-$600K (2024/08/30)
375 days
Waterfront
11 bds
5,068 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Welcome to the small beachfront community of Flagler Beach, Florida, a retro town with salty style! Bombora Oceanside Suites is a Five Unit, fully operational, vacation rental property located on scenic SR A1A with unobstructed ocean views in the tourist district of downtown Flagler Beach. This property is turn-key, is extremely well maintained, and has a solid reputation with Super Hosts and Premier Hosts designations on Airbnb and VRBO, respectively. The owners have built a solid self-managed vacation rental business which is seeing a significant increase in repeat guests. 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 9 blocks south of Bombora. These projects, which will raise the community’s exposure nationally, are expected to increase the upside potential of Bombora Oceanside Suites. Location! A dune walkover to the beach is directly across the street. Within one mile of the property are a myriad of choices of entertainment, shopping and restaurants: Break Awayz, Flagler Beachfront Winery, Next Door Bistro, The Golden Lion Cafe (an annual top10 Florida beachfront bar/restaurant), FARO Beachside Eatery, Rocky’s Pizzeria, Finns Beachside Pub, The Funky Pelican, Romeros Italian, Wham Burger, Tortugas Florida Kitchen, Flagler Fish Company as well as the Flagler Pier and Veterans Oceanfront Park. 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. Added to the customer base are bookings from the Northeast US, Georgia, Tennessee and many from Florida, including the Orlando, Jacksonville and Tampa areas. There is a large ocean front patio with picnic tables and a firepit for Bombora’s guests. All Five Units have been updated including kitchens, bathrooms, lighting, flooring, painting and furnishings. A common free laundry is located on the first floor for guests. Four of the units have one bedroom, one bath with full kitchen, large living area, and a sleeper sofa to accommodate up to four guests. The largest unit, currently owner occupied, has 180 degree views from the two story glass front and second floor ocean front balcony. At just over 2000 sf, it encompasses the entire third floor and part of the second and has two living areas, a pocket office, three bedrooms and two baths, a large kitchen, private laundry, and can sleep 10 or more. And, there is a very large two car garage that can be separately rented or used by the owner.

Location

Facts and features

Type:
Residential Income
Parking:
Garage Door Opener / Garage Faces Side / Guest / Off Street
Year Built:
1986
Lot:
0.12 Acres
Heating:
Central / Electric
Price/sqft:
$434
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Solid Surface Counters

    Bedrooms and bathrooms

    • Bedrooms: 11

  • Parking

    • Garage Door Opener

    • Garage Faces Side

    • Guest

    • Off Street

    Property

    • Levels: Three Or More

    • Exterior Features: Balcony / Outdoor Shower / Rain Gutters / Sidewalk

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 0112311100000500060

    • Zoning: TC

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Street Lights

    • Water - Multiple Meters

    • Water Connected

  • Other financial information

    • Annual tax amount: $15,937

  • Source details

    • MLS ID: V4933160

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Corridor Access / Inside / Laundry Room

    • Lot Features: CoastalConstruction Control Line / Corner Lot / City Lot / Level / Sidewalk

    • Patio And Porch Features: Deck

    • Window Features: Aluminum Frames / Double Pane Windows / Impact Glass/Storm Windows / Tinted Windows / Window Treatments

    • Other Structures: Shed(s)

    • Waterfront: Yes

    • Water Body Name: Atlantic Ocean

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5068

    • Water Source: Public

    • Lot Size Dimensions: 50 x 100

    • Subdivision Name: COCHRAN PLACE 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