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1104 S Ocean Shore Blvd

Flagler Beach, Florida, 32136, United States

Property ID: #535721 // commercial
1104 S Ocean Shore Blvd
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Traditional Sale
List Price:
$5,499,000.00
Icon - ft²
Icon 0.57 acres
Icon - beds
Icon - baths
Address:
1104 S Ocean Shore Blvd
City:
Flagler Beach
State:
Florida
Zip Code:
32136
County:
Flagler
Country:
United States
Property Type:
Commercial
Additional Property Types:
Hospitality
Year Built:
1945
Lot Size:
0.57 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
FC290302
Source Status:
Active
Source Property Type:
Commercial, Hotel/Motel

Property Provided By

  • Marianna Gorshelev
  • GOLDEN MAGNOLIA REALTY CORP
  • +1 (386) 237-0301
Cashifyd
Connect with a local buyer's rep to get up to
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Property Information

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 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 Florida’s 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.

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

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of GOLDEN MAGNOLIA REALTY CORP.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2024-04-09 17:09:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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