Homes for sale - 1544 Ocean Shore BLVD, Flagler Beach, FL 32136

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Lauren McPherson

lauren@thepcrealtor.com +1(386) 793-5112

$ 2,850,000

Est. payment -/mo

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Price Dropped by $140K

1544 Ocean Shore BLVD Flagler Beach, FL 32136

20 Baths

6,796 SqFt

UPDATED:

12/18/2024 08:05 PM

Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,796 sqft

Price per Sqft $419

Subdivision Fuquay

MLS Listing ID 1200552

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1967

Annual Tax Amount $11,106

Lot Size 0.315 Acres

Lot Dimensions 0.32

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,....more 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. 3. **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. 4. **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. 5. **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

State FL

County Flagler

Community Fuquay

Direction From I95 go east to A1A, then right approximately 1 mile to #1544 on right

Interior

Cooling Wall/Window Unit(s)

Exterior

Parking Features Guest, Off Street, Parking Lot, Unassigned

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Building

Lot Description Corner Lot

Water Public

Structure Type Block,Frame,Stucco,Wood Siding

Others

Senior Community No

Tax ID 18-12-32-2750-00010-0110

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Listed by Adams, Cameron & Co., Realtors

Lauren McPherson

Broker | SlBK3448902

+1(386) 793-5112

Lauren McPherson

1544 Ocean Shore BLVD Flagler Beach, FL 32136

Key Details

Location

Interior

Exterior

Building

Others

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1544 Ocean Shore BLVD