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1544 Ocean Shore Boulevard
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PRICED AT ONLY: $2,850,000

Address: 1544 Ocean Shore Boulevard, FLAGLER BEACH, FL 32136

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.
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  • MLS#: V4935284 ( Commercial Sale )
  • Street Address: 1544 Ocean Shore Boulevard
  • Viewed: 3
  • Price: $2,850,000
  • Price sqft: $325
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf/Ocean
  • Year Built: 1967
  • Bldg sqft: 8777
  • Days On Market: 276
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Tile
  • Living Area: 6796.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Sidewalk, Paved, Waterfront
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30, Common, Ground Level
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Road Frontage Type: City Street, Highway, Main Throrughfare
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 233904.00
  • Tax Year: 2023
Other Features
  • Country: US
  • 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 488 PG 1438 OR 574 PG 459
  • Area Major: 32136 - Flagler Beach
  • Parcel Number: 18-12-32-2750-00010-0110
  • Zoning Code: REC
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Details for 1204 Ocean Shore Boulevard, FLAGLER BEACH, FL 32136
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