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    1544 Ocean Shr Blvd Flagler Beach, FL 32136

    For Sale
    $2,990,000

    20-Room Beachfront Hotel, Prime Location

    Property size:
    6,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 20-unit beachfront motel in Flagler Beach, Florida, presents a compelling investment opportunity. Boasting 6,796 square feet on a 13,721.4 square foot lot, this two-story, 1967-built property enjoys a prime location on scenic A1A, offering unobstructed ocean views. The motel benefits from its proximity to the beach (accessible via a dune walkover), local shops, restaurants, and attractions, all within walking distance. Recent upgrades include a new roof (2024), and the property has a strong management team in place, evidenced by a 10% increase in bookings from 2022 to 2023. The motel features well-appointed rooms, some with kitchenettes, and a retro beach vibe. Its pet-friendly policy further enhances its appeal. Flagler Beach's charming atmosphere and ongoing development projects, including a new pier and a Margaritaville Hotel, promise significant growth potential, making this a highly desirable investment in the hospitality sector. The property's Tourist Commercial zoning adds to its versatility and future development possibilities. Located conveniently near Daytona Beach, St. Augustine, and Orlando, this motel is well-positioned to capitalize on the increasing tourism in the area. The asking price is $2,990,000.

    Property Features for 1544 Ocean Shr Blvd

    General Information

    Property type
    Hotels
    Square Feet
    6,796 SF

    Building Details

    Year Built
    1967
    Stories
    2
    Units
    20

    HighLights

    • 20‑unit beachfront motel in Flagler Beach, FL, offering unobstructed ocean views.
    • 6,796 sq ft building on a 13,721.4 sq ft lot, two‑story, built in 1967.
    • Prime A1A location, walkable to beach, shops, and restaurants.
    • New roof (2024), strong management team, 10% booking increase (2022‑2023).
    • Well‑appointed rooms, some with kitchenettes; pet‑friendly.
    • Tourist Commercial zoning; near Daytona Beach, St. Augustine, and Orlando.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Flagler Beach
    County
    Flagler
    State
    Florida
    Longitude
    -81.1211594
    Latitude
    29.4673364

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    FAQs

    What type of property is this?
    Hotel - 20-Room Beachfront Hotel, Prime Location
    Where is this hotel located?
    The property is located at 1544 Ocean Shr Blvd Flagler Beach, FL.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: 20-unit beachfront motel in Flagler Beach, FL, offering unobstructed ocean views.; 6,796 sq ft building on a 13,721.4 sq ft lot, two-story, built in 1967.; Prime A1A location, walkable to beach, shops, and restaurants.
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    1544 Ocean Shr Blvd Flagler Beach, FL 32136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1544 Ocean Shr Blvd Flagler Beach, FL 32136
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