FLAGLER BEACH, FL 32136 1104 S OCEAN SHORE BOULEVARD
$3,500,000
Pending



40 more








































Presented By: GOLDEN MAGNOLIA REALTY CORP with 386-986-4070. - 386-986-4070
Home Details
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.
Presented By: GOLDEN MAGNOLIA REALTY CORP with 386-986-4070. - 386-986-4070
Interior Features for 1104 S OCEAN SHORE BOULEVARD
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
BasementBath/Stubbed, Crawl Space, Finished, Full, Interior Entry
FlooringCarpet, Ceramic Tile, Laminate, Parquet
Heating Y/NYes
Total Stories2
Window FeaturesDouble Pane Windows, Drapes, Storm Window(s), Insulated Windows, Low-Emissivity Windows, Tinted Windows
General for 1104 S OCEAN SHORE BOULEVARD
AccessibilityAccessible Approach with Ramp, Accessible Bedroom, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s)
Additional Parcels Description12-12-31-4500-00180-0061 , 12-12-31-4500-00180-0080
Additional Parcels Y/NYes
AppliancesDishwasher, Dryer, Microwave, Refrigerator, Washer
Building Area UnitsSquare Feet
Building FeaturesBathrooms, Common Lighting, Elevator – None, Fencing, Furnished, Kitchen Facility, Lit Sign on Site, On Site Shower, Ramp, Reception, Seating, Stone Counter, Waiting Room
CityFLAGLER BEACH
Construction MaterialsStucco
CoolingCentral Air
CountyFlagler
DirectionsFrom 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
Electric200+ Amp Service, Separate Meters
Facing DirectionEast
Flood Zone Codeel11
HeatingCentral Building, Exhaust Fan, Heat Pump
Legal DescriptionGEORGE MOODY SUB DIV BLOCK 18 LOTS 1, 2, 3 OR 268 PG 391
LevelsTwo
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet25000
Lot Size UnitsSquare Feet
MLS Area32136 - Flagler Beach
New ConstructionNo
OwnershipCorporation
PossessionNegotiable
Property ConditionCompleted
Property SubtypeHotel/Motel
Property TypeCommercial Sale
RoofCement
Security FeaturesSecurity Lights, Smoke Detector(s)
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount29584.54
Tax Lot1, 2, 3
Tax Year2022
UtilitiesBB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Virtual TourClick here
Water Access TypeBeach, Gulf/Ocean
Water Access Y/NYes
Water ViewBeach, Gulf/Ocean - Full
Water View Y/NYes
Waterfront FeaturesWaterfront, Beach, Gulf/Ocean
Year Built1945
Exterior for 1104 S OCEAN SHORE BOULEVARD
Building Area Total5257
Foundation DetailsBasement, Block, Crawlspace, Slab
Lot FeaturesFlood Insurance Required, Waterfront
Lot Size Acres0.57
Lot Size Area25000
Number of Buildings4
Number of Lots3
Parking Features19 to 30 Spaces, Ground Level, Lighted
Road Frontage TypeState Road
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
VegetationBamboo, Trees/Landscaped
Water SourcePublic
Waterfront Y/NYes
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Dyanne Del Toro Quintero
Realtor®
SQFT • 5,257