David Shippey
863.521.4517

1104 S Ocean Shore Boulevard Flagler Beach Florida | Home for Sale

To schedule a showing of 1104 S Ocean Shore Boulevard, Flagler Beach, Florida, Call David Shippey at 863-521-4517 TODAY!

$3,900,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$3,900,000 No Recent Price Change
1104 S Ocean Shore Boulevard
Flagler Beach, FL 32136
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • 1945Year Built
  • 0.57Acres
  • MLS# FC290302
  • Commercial
  • HotelMotel
  • Active

  • Approx Time on Market1 year, 5 months, 25 days
  • Area32136 - Flagler Beach
  • CountyFlagler
  • Subdivision N/A

Overview

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 Floridas 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.



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Building Info

Window Features:  DoublePaneWindows, Drapes, InsulatedWindows, LowEmissivityWindows, TintedWindows

Building Area Source:  Appraiser

Business Info

Buyer Compensation

Exterior Features

Pool Private:  No

Financial

Net Operating Income:  845,515

Original Price:  $6,580,056

Disclosures:  FloodInsuranceRequired

Garage / Parking

Open Parking:  No

Parking Features:  Lighted, ParkingSpaces

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Floors:  Carpet, CeramicTile, Laminate, Parquet

Levels:  Two

Spa:  No

Appliances:  Dryer, Dishwasher, Microwave, Refrigerator, Washer

Lot Info

Direction Remarks:  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

Number of Lots:  3

Lot Size Units:  Acres

Lot Size Acres:  0.57

Lot Sqft:  25,000

Road Frontage Type:  StateRoad

Vegetation:  PartiallyWooded

Lot Desc:  Waterfront, Landscaped

Other

Special Conditions:  None

Security Features:  SmokeDetectors, SecurityLights

Other Rooms Info

Basement:  Full,Finished,InteriorEntry,Ba

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  12

Class Type:  HotelMotel

Property Sub Type:  HotelMotel

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  Stucco

Stories:  2

Total Stories:  2

Accessibility:  AccessibleFullBath, AccessibleBedroom, AccessibleApproachwithRamp, VisitorBathroom, AccessibleHallways

Mobile Home Remains:  ,No,

Foundation:  Basement, Block, Crawlspace, Slab

Home Warranty:  ,No,

Human Modified:  Yes

Sqft Info

Bulding Area Sqft:  5,257

Living Area Units:  SquareFeet

Living Area Source:  Appraiser

Tax Info

Tax Year:  2,022

Tax Lot:  1,2,3

Tax Legal Description:  GEORGE MOODY SUB DIV BLOCK 18 LOTS 1,2,3 OR 268 PG 391

Tax Block:  18

Tax Annual Amount:  29584.54

Tax Book Number:  391

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric:  Item200AmpService

Electric On Property:  ,No,

Heating:  Central, ExhaustFan, HeatPump

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityAvailable, HighSpeedInternetAvailable, MunicipalUtilities, PhoneAvailable, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  BeachAccess, GulfAccess, OceanAccess, Waterfront

View:  Yes

View:  Beach, Ocean, Water

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

This listing courtesy of Golden Magnolia Realty Corp 

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On davidshippey.com since Thu, Mar 30th 2023
No Property History recorded for this listing.

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If you have any questions on 1104 S Ocean Shore Boulevard, Flagler Beach, Florida, please call David Shippey at 863-521-4517.


MLS# FC290302 located at 1104 S Ocean Shore Boulevard, Flagler Beach, Florida is brought to you by David Shippey REALTOR®

1104 S Ocean Shore Boulevard, Flagler Beach, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1104 S Ocean Shore Boulevard, Flagler Beach, Florida is FC290302.
The price for 1104 S Ocean Shore Boulevard, Flagler Beach, Florida is $3,900,000.
The status of 1104 S Ocean Shore Boulevard, Flagler Beach, Florida is Active.
The subdivision of 1104 S Ocean Shore Boulevard, Flagler Beach, Florida is .
The home located at 1104 S Ocean Shore Boulevard, Flagler Beach, Florida was built in 2024.

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