Vero Beach, FL 32963,1705 Ocean DR
Vero Beach, FL 32963,1705 Ocean DR
Vero Beach, FL 32963,1705 Ocean DR
Vero Beach, FL 32963,1705 Ocean DR
Vero Beach, FL 32963,1705 Ocean DR
Vero Beach, FL 32963,1705 Ocean DR
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$ 5,250,000
Est. payment | /mo

$ 5,250,000
Est. payment | /mo

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 10,317 sqft

Price per Sqft $508

MLS Listing ID 1033473

Total Fin. Sqft 10317

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1955

Annual Tax Amount $22,994

Tax Year 2024

Property Sub-Type Hotel/Motel

Property 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.

Location

State FL

County Indian River

Area 999 - Out Of Area

Direction A1A to 17th street east to ocean drive left to Motel

Interior

Cooling Ceiling Fan(s), Gas, Wall Unit(s), Wall/Window Unit(s)

Flooring Concrete, Terrazzo, Tile

Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Business Only, Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking, Off Street

Fence Back Yard

Present Use Hotel/Motel

Garage No

Building

Lot Description Corner Lot, Cul-De-Sac

Sewer Public Sewer

Water Public

Others

Senior Community No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1033473

Space Coast Association of Realtors (Brevard MLS)
Listed by Coldwell Banker Paradise
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1705 Ocean DR