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1705 Ocean Drive

Vero Beach, FL 32963
  • $5,500,000
  • STATUS: Active
  • ON SITE: 137 Days
  • MLS #: 280146
$5,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1956
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



© 2024 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2024-12-10T23:37:07.003.
www.kellyfischerteam.com/homes/153006249
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1705 Ocean Drive Vero Beach, FL 32963

  • Price: $5,500,000
  • Status: Active
  • On Site: 137 Days
  • MLS #: 280146
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1956
Built
Neighborhood:
Beach South
County:
Indian River
Area:
Beach South
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.
Exterior Features

Lot Features 1 /2 to 1 Acre Lot Parking Total 20

Interior Features

Cooling Ceiling Fan(s) Other Window Unit(s) Cooling YN Yes Flooring Other Terrazzo Tile Heating None Heating YN No

Property Features

Business Name South Beach Place Business Type Hotel / Motel Current Use Hotel / Motel Lot Size Dimensions .55 New Construction YN No Property Sub Type Hotel / Motel Property Sub Type Additional Business Sewer Public Sewer Water Source Public Zoning Zoning Description Commercial

Listing courtesy of Coldwell Banker Paradise: 772-589-7777.


© 2024 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2024-12-10T23:37:07.003.
 
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Kelly Fischer Team at ONE Sotheby's International Realty
1006 Beachland Blvd
Vero Beach FL, 32963