PRICED AT ONLY: $4,500,000
Address: 1705 Ocean Dr, Vero Beach, FL 32963
Description
Prime Opportunity in Prime location. Motel is located across the street from Public Beach access. Time and money has been invested in this Motel to make it perform like a well oiled Machine. There have been many meticulous upgrades to each unit to bring out the beach feel for valued Guests. A new roof, Upgraded Main Electric panel, updated Billing system and other upgrades help the Staff operate efficiently with out needing the owner to be present. 19 units with 1 unit being used for on site staffer for assistance to operate at all hours. Owner financing available for qualified buyers.
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- MLS#: F10497123 ( Commercial/Industrial )
- Street Address: 1705 Ocean Dr
- Viewed: 3
- Price: $4,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1956
- Bldg sqft: 0
- Days On Market: 163
- Additional Information
- County: INDIAN RIVER
- City: Vero Beach
- Zipcode: 32963
- Provided by: Coldwell Banker Paradise
- Contact: Jimmy Phipps
- (772) 589-7777
- DMCA Notice
Features
Building and Construction
- Ceiling Description: Other Ceiling
- Construction Type: Concrete Block Construction
- Floor Description: Ceramic Floor, Terrazzo Floors, Tile Floors
- Num Stories: 2.0000
- Roof Description: Other Roof
- Year Built Description: Resale
Property Information
- Transaction Type Mlx: Sale
- Typeof Property: Hotel
Land Information
- Lot Sq Footage: 23958
- Total Acreage: 0.5500
Garage and Parking
- Parking Description: Common Parking, Guest Parking
Eco-Communities
- Water Description: Public Water
Utilities
- Fire Protection: Other Fire Protection, Sprinklers
- Heating Description: No Heat
- Number Of Units: 19
- Sewer Description: Other Sewer
Finance and Tax Information
- Dade Assessed Amt Soh Value: 1429270
- Dade Market Amt Assessed Amt: 1429270
- Tax Year: 2024
Other Features
- Board Identifier: BeachesMLS
- Country: United States
- Geographic Area: IR12
- Information Available: Aerial Photo(S), Books & Records, Deed, Inventory, Other Available Information, Stock Inventory, Existing Survey
- Legal Description: PELICAN COVE II BLK 3 LOT 18 PBI 3-79
- Locationof Property: Corner Unit, Corner Lot, Other Location
- Parcel Number Mlx: 0180
- Parcel Number: 334005000090030000180
- Postal Code + 4: 2260
- Sale Includes: Building & Land
- Zoning Information: RM-10
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
