1705 Ocean Dr Pending

Vero Beach,FL 32963

$ 5500000

- Bed

- Bath

- SqFt


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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