1316 Oceanshore Blvd - Hospitality FOR SALE


Flagler Beach, FL 32136
$1,750,000 USD
386-589-5754
1316 Oceanshore Blvd, Flagler Beach, FL for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

1316 Oceanshore Blvd
Flagler Beach, FL 32136


HIGHLIGHTS

  • Amazing view of the Ocean!
  • Own and Live on the Beach!

OVERVIEW

Unbelievable investment opportunity in Flagler Beach, Fl. This amazing boutique Oceanfront motel sits on 100' of some of Florida's most beautiful beaches. Closed for the last few years, the property will require a full renovation allowing new owners to design and complete to their discretion. The current layout offers 10 guest rooms, a large owner/managers suite, laundry room, spacious garage and ample parking. Flagler Beach is located along Florida's Atlantic Coast between Daytona Beach and St. Augustine offering a quaint downtown, sparkling beaches, waterfront dining, and a wonderful family friendly atmosphere with free access to the beach. Visitors will enjoy easy access from Orlando and Jacksonville airports and is just a few minutes drive from I-95. Palm Coast and Flagler Beaches hotels & resorts enjoy 60.5% occupancy with an average daily rate of $150 for November of 2022. The property is zoned TC-Tourist Commercial allowing for Motels, Hotels, Bed and Breakfast, Restaurants, Gift Shops and several other uses.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$386 USD /SF

# OF ROOMS

11

PRICE/ROOM

$159,091 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lazy Hours Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,286 SF

ZONING

TC

APN/PARCEL ID

18-12-32-2750-00001-0050

ASK ABOUT THIS PROPERTY

Beau WarrenRealty Pros CommercialMore Info
386-589-5754

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Beau WarrenRealty Pros CommercialMore Info
386-589-5754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.