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$ 1,750,000
Est. payment | /mo
4,866 SqFt
$ 1,750,000
Est. payment | /mo
4,866 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,866 sqft
Price per Sqft $359
Subdivision Fuquay Sub
MLS Listing ID FC288374
HOA Y/N No
Year Built 1954
Annual Tax Amount $7,808
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
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.
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.
Location
State FL
County Flagler
Community Fuquay Sub
Area 32136 - Flagler Beach
Zoning TC
Interior
Cooling None
Exterior
Waterfront Description Beach Front
View Y/N Yes
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Others
Ownership Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC288374
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Learn More About LPT Realty
Rich Henderson
Sales Executive | License ID: SL3522272