1204 Ocean Shr Blvd Flagler Beach, FL 32136
This 3,000 square foot hotel, built in 1953, sits on an 11,761.2 square foot lot at 1204 S Ocean Shore Boulevard, Flagler Beach, FL 32136. The property is a boutique motel ideally located in the heart of Flagler Beach, offering unparalleled ocean access. Its unique architecture and coastal design create an unforgettable guest experience. Flagler Beach offers a laid-back atmosphere and vibrant community, attracting visitors year-round due to its scenic beauty and proximity to Daytona Beach. The hotel benefits from high visibility and foot traffic along the A1A Highway. The boutique motel concept offers limited competition, allowing for premium positioning. Investment potential includes adding modern amenities, refining guest services, and implementing targeted marketing strategies. The property's beachfront location and the hospitality sector's resilience make this a promising investment opportunity. Note: A separate parcel (MLS ID 1112368) is included for parking. The asking price is $2,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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