1104 S OCEAN SHORE BOULEVARD, Flagler Beach, FL 32136

  • $3,900,000
  • $4,600,000
1104 S OCEAN SHORE BOULEVARD, Flagler Beach, FL 32136
Active Completed
1104 S OCEAN SHORE BOULEVARD, Flagler Beach, FL 32136
1104 S OCEAN SHORE BOULEVARD, Flagler Beach, FL 32136
  • $3,900,000
  • $4,600,000

Overview

Property ID: HZFC290302
  • Hotel/Motel, Commercial Sale
  • Property Type
  • 5257
  • Square Feet
  • 1945
  • Year Built

Description

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.

  • Address 1104 S OCEAN SHORE BOULEVARD
  • City Flagler Beach
  • State/county FL
  • Zip/Postal Code 32136
  • Country US

Details

Updated on August 20, 2024 at 12:39 pm
  • Property ID: HZFC290302
  • Price: $3,900,000
  • Property Size: 5257 Square Feet
  • Land Area: 0.57 Acres
  • Garage Size: x x
  • Year Built: 1945
  • Property Type: Hotel/Motel, Commercial Sale
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

360° Virtual Tour

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
admin
  • admin

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
admin
  • admin