Beachfront Motel | 1544 S Ocean Shore Blvd
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Beachfront Motel 1544 S Ocean Shore Blvd
20 Room Hotel Flagler Beach, FL 32136 $2,990,000 ($149,500/Room)
Investment Highlights
- Oceanfront location
- Walkable - Less than 1 mile to Downtown and the Pier
- Kitchenettes available
- Direct Beach Access
- Restaurant next door
- New roof
Executive Summary
The owner has owned and operated this motel for 27 years. There is strong upside potential with some updates and consistent marketing and management. The Beachfront Motel is the second largest motel on Flagler Beach beachside until the new $17 million, 100 unit Margaritaville Hotel is completed early 2025. This will give the Flagler Beach area national exposure increasing the awareness of all that Flagler Beach has to offer. The Beachfront Motel is a 20 room motel located on scenic A1A with unobstructed ocean views in the tourist district of downtown Flagler Beach. Flagler Beach has Old Florida charm with locally-owned businesses offering a myriad of restaurants (no chains). It has six miles of beaches, bountiful fishing, beachside shops, waterfront restaurants, and state parks. Its laid-back atmosphere and retro vibe makes it a popular destination for vacationers looking for a blend of relaxation and things to do.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,990,000 | Lot Size | 0.38 AC |
| Price Per Room | $149,500 | Building Size | 6,796 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1967/2018 |
| Property Subtype | Hotel | Parking Ratio | 3.68/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $2,990,000 |
| Price Per Room | $149,500 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 6,796 SF |
| No. Rooms | 20 |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2018 |
| Parking Ratio | 3.68/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $188.00 | - |
| Guest Room | 18 | $148.00 | - |
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PROPERTY TAXES
| Parcel Number | 18-12-32-2750-00010-0110 | Total Assessment | $519,090 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
18-12-32-2750-00010-0110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$519,090
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | TC (Tourist Commercial) |
| TC (Tourist Commercial) |
-
Stan Janzen -
Diana Janzen -
Adams Cameron & Company Realtors
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Beachfront Motel | 1544 S Ocean Shore Blvd
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