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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

Overview

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.

Listing Details MLS# 556750

General Property Information

Building Area Total
8147
Year Built
1952
Lot Size Dimensions
95x350
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.
List Price/SqFt
184.12
Sold Price/SqFt
153.43

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

Contract Information

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

Status Change Information

Major Change Timestamp
2014-11-04T01:40:52Z
Major Change Type
Status Change
Contingent Date
2014-08-26
Purchase Contract Date
2014-11-02
Close Date
2014-11-03
Close Price
1250000

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

More Information

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

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Hotel/Motel
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Business Type

Hotel/Motel
Yes

Sale Includes

Building & Land
Yes
Business Only
Yes
Furniture, Fixtures and Equipment
Yes
Listing Office: Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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