Pending

1705 Ocean Dr

Vero Beach FL, 32963

$5,500,000


Pending

Commercial

Built in 1956

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

F10452585

MLS ID

July 23, 2024

Listed

November 22, 2024

Updated

Map

1705 Ocean Dr
Vero Beach FL, 32963

Interior Features

Total Stories

2


Floor Description

Terrazzo, Tile


Fireplace

No


Cooling

No


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.55 Acres


Sewer

Other

Other Property Details

Area Name

6312 - Beach South (IR)


Taxes

$16,632


Tax Frequency

Annually


Days on Market

55


Garage

No


Parking

Common, Guest


View

No


County

Indian River


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/16/2024

Pending

Listed by: Coldwell Banker Paradise
Listing Contact:  

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. 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, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association of Palm Beaches. All rights reserved. 

Data last updated 6:36 PM UTC, 11/22/2024

 

Powered byLuxury Presence