1732 Ocean Shore Boulevard, Ormond Beach, FL 32176
sale
$4,500,000
|
Other
Courtesy Of EXP Realty LLC
Rare opportunity to acquire a two-property mixed-use package in Ormond-by-the-Sea, offered together as one sale. The package includes the 20-unit motel at 1732 Ocean Shore Blvd and the adjacent retail and apartment property at 1740 Ocean Shore Blvd. The motel currently has 16 of 20 units occupied, with four vacant (80% occupancy). The 1740 property features six retail spaces and six apartments above: 3-1/1, 2-2/1, and 1-3/1. Retail uses include a surf shop, barbershop, smoothie shop, dance studio, massage therapist, and coffee shop. A distinctive coastal investment combining hospitality, retail, and residential uses in one offering.
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Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Legal Description: 41-13-32 ALL BLK A & E 25 FT OF VACATED ATLANTIC AVE ARDMERE KINGSTON PARK PER OR 4254 PG 4914 PER OR 8295 PG 3767
- MLSID: 1231209
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