Vero Beach, FL 32963,1705 Ocean Dr
Vero Beach, FL 32963,1705 Ocean Dr
Vero Beach, FL 32963,1705 Ocean Dr
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$5,250,000
Est. payment /mo
0.55 Acres Lot
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Key Details

Property Type Commercial

Sub Type Hotel

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10497123

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 Ceramic Floor, 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


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BeachesMLS Matrix (RAPB-F prefix)
Listed by Coldwell Banker Paradise

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agent

Sara Schaeffer

+1(954) 821-4563

REALTOR® | License ID: SL626129

REALTOR® License ID: SL626129

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