$5,500,000
1705 Ocean Dr Vero Beach, FL 32963
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$5,500,000
Est. payment /mo
0.55 Acres Lot
UPDATED:
09/16/2024 07:25 PM
Key Details
Property Type Commercial
Sub Type Hotel
Listing Status Pending
Purchase Type For Sale
MLS Listing ID F10452585
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $16,632
Tax Year 2023
Lot Size 0.550 Acres
Property Description
Prime Opportunity in Prime location. Hotel is located in Prime vacation area across the street from Public Beach access. Time and money has been invested in this Hotel 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 customers. A new roof, Upgrades Electric panel, updated Billing system and other upgrades help the Staff operate efficiently with out needing the owner to be present. Total of 18 units with 1 unit used for on site service man for assistance to operate at all hours. Owner financing available
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
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Other Sewer
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Security Features Security Lighting,Security System
Acceptable Financing Cash, Other Terms, Owner Financing
Listing Terms Cash, Other Terms, Owner Financing
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Listed by Coldwell Banker Paradise
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