Active
1544 S OCEAN SHORE BLVD
FLAGLER BEACH FL, 32136
$2,850,000
$419.36 per sqft
Active
6,796 sqft
Commercial
Built in 1967
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.
V4935284
MLSⓇ ID
March 21, 2024
Listed
December 18, 2024
Updated
Map
1544 S OCEAN SHORE BLVD
FLAGLER BEACH FL, 32136
Interior Features
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Units / Window Unit
Exterior/Building Features
Lot Size
0.31 Acres
Lot Features
City Limits, Sidewalk, Paved, Waterfront
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32136 - Flagler Beach
Taxes
$11,106
Tax Frequency
Annually
Days on Market
272
Association Fee Frequency
Monthly
Garage
No
Parking
Parking Spaces - 19 to 30, Common, Ground Level
View
No
County
Flagler
Municipality
12S
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
REC
Listing History
Date | Event | Price |
---|---|---|
12/18/2024 | Price change | $2,850,000 -5% |
11/13/2024 | Price change | $2,990,000 -6% |
9/4/2024 | Price change | $3,150,000 -7% |
Listed by ADAMS, CAMERON & CO., REALTORS
Listing Contact: 386-717-3445
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Data last updated 12/18/2024, 7:44 PM UTC