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$ 5,250,000
Est. payment /mo
New
1705 Ocean Dr Vero Beach, FL 32963
0.55 Acres Lot
UPDATED:
02/27/2025 08:30 AM
Key Details
Property Type Commercial
Sub Type Hotel
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10489011
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $23,229
Tax Year 2024
Lot Size 0.550 Acres
Property Sub-Type Hotel
Property Description
Prime Opportunity in Prime location. Motel is located across the street from Public Beach access. Time and money has been invested in this Motel to make it perform like a well oiled Machine. There have been many meticulous upgrades to each unit to bring out the beach feel for valued Guests. A new roof, Upgraded Main Electric panel, updated Billing system and other upgrades help the Staff operate efficiently with out needing the owner to be present. 19 units with 1 unit being used for on site staffer for assistance to operate at all hours. Owner financing available for qualified buyers.
Location
State FL
County Indian River County
Area Ir12
Zoning RM-10
Interior
Heating No Heat
Flooring Terrazzo Floors, Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Other Sewer
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Listed by Coldwell Banker Paradise