1255 Ocean Shore Boulevard, Ormond Beach, FL 32176
$1,250,000
Property Type:
Commercial Sale
Square Footage:
8,147
Status:
Closed
Current Price:
$1,250,000
List Date:
3/26/2014
Last Modified:
9/28/2024
Description
Old Florida style, oceanfront motel for sale. Upgrade and convert to oceanfront Bed & Breakfast, partially redevelop, or totally redevelop into your oceanfront dream property. Motel is currently owned and operated as a 12 room motel with 3 apartments and a 3 BR, 2 BA owners residence and a swimming pool at the edge of the sand dunes. Most rooms have terrazzo floors and tongue and groove Florida cypress wall covering. This one of a kind seaside motel has been in the same family since it was built in 1952.
Supplements: in 1952.
More Information MLS# 556750
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Directions: SR 40(Granada Blvd.) east to Ocean Shore Blvd. Go north on Ocean Shore 2.5 mi.
Public Remarks: Old Florida style, oceanfront motel for sale. Upgrade and convert to oceanfront Bed & Breakfast, partially redevelop, or totally redevelop into your oceanfront dream property. Motel is currently owned and operated as a 12 room motel with 3 apartments and a 3 BR, 2 BA owners residence and a swimming pool at the edge of the sand dunes. Most rooms have terrazzo floors and tongue and groove Florida cypress wall covering. This one of a kind seaside motel has been in the same family since it was built in 1952.
Building Area Total: 8147
Lot Size Dimensions: 95x350
List Price/SqFt: 184.12
Sold Price/SqFt: 153.43
Year Built: 1952
Location, Tax, and Legal
Country: US
Parcel Number: 323411010200
Tax Annual Amount: 15010
Tax Year: 2013
Tax Legal Description: 13 & 14 32 N 95FT OF S 100 FT OF LOT 4 E OF OS BLVD RESUB NO1 OAKDALE PARK PER OR 4330 PG 4165 PER OR 6106 PG 0294
Currently Not Used
Year Built: 1952
Status Change Information
Contingent Date: 2014-08-26
Major Change Timestamp: 2014-11-04T01:40:52Z
Major Change Type: Status Change
Purchase Contract Date: 2014-11-02
Close Date: 2014-11-03
Close Price: 1250000
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Hotel/Motel: 1
Sewer
Septic Tank: 1
Water Source
Public: 1
Business Type
Hotel/Motel: 1
Sale Includes
Building & Land: 1
Business Only: 1
Furniture, Fixtures and Equipment: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): B8; Included in Sale: Business Name, Good Will; Confidential Listing: N; Road Frontage: 95.00; Depth: 350.00; Financial Package: No; Franchise Opt In: No
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
Listing Contract Date: 2014-03-24
Property Sub Type: Business
Location Tax and Legal
Street Number: 1255
Street Name: Ocean Shore
Street Suffix: Boulevard
County: Volusia
State: FL
Postal Code: 32176
MLS Area Major: 18 - Ormond-By-The-Sea
Property Features
Business Type: Hotel/Motel
Construction Materials: Block; Brick; Concrete
Cooling: Wall/Window Unit(s)
Current Use: Hotel/Motel
Sale Includes: Building & Land; Business Only; Furniture, Fixtures and Equipment
Sewer: Septic Tank
Water Source: Public
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.