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1104 S Ocean Shore Boulevard

Flagler Beach, FL

Listing Details

  • $3,500,000
  • MLS# FC290302
  • Type Commercial -
  • Status Pending
  • 5,257
    Square Feet
  • 0.570 acres
    Lot Size
  • 1945
    Year Built

Description

Explore the Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard, a newly renovated and fully operational boutique beach retreat. The nine-room resort includes an oceanfront restaurant with a commercial kitchen, a plunge and 98-degree mineral pool, and a 1,672-square-foot full-service luxury spa. Cap Rate 7.45%Ample outside deck and pergola seating at the Golden Magnolia takes advantage of the breathtaking ocean and pool views throughout the property which lead to a beach entry offering guests miles of relaxing, sandy beaches. It also features poolside day beds, pool deck picnic tables and umbrellas, outdoor lounge areas, an outdoor... Read more gas fireplace, new air conditioning systems, and a new water heater, lowering the estimated capital expenditures for buyers. Additionally, the resort is fully licensed for liquor, restaurant, and spa services and is available to book through major booking sites, providing multiple avenues from which to capitalize. Buyers can acquire an asset equidistant to Jacksonville and Orlando in a community projected to see a 16.5% growth in population by 2027. That figure reflects a trend throughout the region of new residents looking to Northern Floridas warmer climate to provide a perpetual vacation destination unrivaled by the rest of the country. That will buoy already high traffic counts that exceed 16,000 vehicles per day, adding to the number of potential guests attracted to the retreat. The Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard is ideally suited for buyers searching for their next investment in a rapidly-growing community.

Key Features

No amenity information available.

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1104 S Ocean Shore Boulevard
Flagler Beach, FL 32136
County
Flagler

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s)
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Building: Bathrooms, Common Lighting, Elevator â?? None, Fencing, Furnished, Kitchen Facility, Lit Sign on Site, On Site Shower, Ramp, Reception, Seating, Stone Counter, Waiting Room
  • Cooling: Central Air
  • Days on Site: 1158
  • Directions: From I 95 head East, Turn south/right on A1A, Drive 0.5 mile, Hotel located on the right side at 1104 S Ocean shore Blvd
  • Exterior: Stucco
  • Flood Zone Code: el11
  • Flooring: Carpet, Ceramic Tile, Laminate, Parquet
  • Foundation: Basement, Block, Crawlspace, Slab
  • Heating: Central, Exhaust Fan, Heat Pump
  • Home Warranty Y/N: No
  • Listing Terms: Cash, Conventional
  • Lot Description: Flood Insurance Required, Waterfront
  • Lot Dimensions: 0.57
  • Lot Size: 0.57 Acres
  • Number of: 1
  • Number of Bays(Grade Level): 2
  • Number of Restrooms: 12
  • Ownership: Corporation
  • Parking: Parking Spaces - 19 to 30,Ground Level, Lighted
  • Parking Notes: Parking Spaces - 19 to 30,Ground Level, Lighted
  • Property Attached Y/N: No
  • Property Sub-Type: Hotel/Motel
  • Roof Type: Cement
  • Sale Includes: Building(s) and Land, Furniture/Fixtures
  • Security: Security Lights, Smoke Detector(s)
  • Sewer: Public Sewer
  • Showing Instructions: Appointment Only, Call Listing Agent
  • Special Sale Provisions: None
  • Special View Info: Water
  • Stories: 2.0
  • Taxes: $29,584
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
  • Vegetation: Bamboo, Trees/Landscaped
  • Water: Public
  • Water Access: Beach, Gulf/Ocean
  • Water Access Y/N: Yes
  • Waterfront Features: Beach Front, Gulf/Ocean
  • Water View: Beach, Gulf/Ocean - Full
  • Windows: Double Pane Windows, Drapes, Storm Window(s), Insulated Windows, Low-Emissivity Windows, Tinted Windows
  • Year Built: 1945