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$5,500,000
Est. payment /mo
Active
1705 Ocean DR Vero Beach, FL 32963
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UPDATED:
10/31/2024 06:55 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 280146
HOA Y/N No
Year Built 1956
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 Beach South
Zoning ,
Interior
Heating None
Cooling Ceiling Fan(s), Other, Window Unit(s)
Flooring Other, Terrazzo, Tile
Fireplace No
Exterior
Water Access Desc Public
Present Use Hotel/Motel
Total Parking Spaces 20
Building
Lot Description 1/2 to 1 Acre Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 33400500009003000018.0
Listed by Coldwell Banker Paradise