2316 S OCEAN SHORE Boulevard, Flagler Beach, FL 32136

$1,900,000
Property Type: Commercial Sale Square Footage: 5,285 Status: Closed
Current Price: $1,900,000 List Date: 4/02/2021 Last Modified: 2/03/2025

Description

TURN KEY BUSINESS! Boutique Florida Oceanfront Inn & Residence with Private Beach Access. Enjoy living a quiet Florida beach lifestyle while benefiting from income generated from eight private villas. Located in Flagler Beach, Florida, and recognized as one of the ''top 10 hidden hotel gems'' by TripAdvisor, Island Cottage Oceanfront Inn combines the warmth of a fine B&B with the ambiance of a Caribbean-themed beach resort. With an Excellent Rating from nearly 300 reviews on TripAdvisor, guests describe the inn as a ''great place for a romantic getaway,'' a ''wonderful honeymoon'' spot with breathtaking views, and a ''wonderful place to relax, enjoy the beautiful beach, swim in the crystal clear pool.'' ALSO listed for sale as a VACATION RENTAL.

Supplements: The Attractive Property and Turnkey Business Offers: Spacious 3BR owners' quarters with private garage/entrance, ocean views, and fireplace Eight private suites with amenities ranging from Jacuzzi tubs, fireplaces, private balconies, and ocean views Charming café for serving breakfast, appetizers, and dinner (currently licensed for wine and beer) Beautiful deck overlooking the ocean Relaxing solar-heated pool (resurfaced in 2019) Attractive fountains and gardens Private beach access Separate entrances for each villa Property offers 13 off-street parking spaces (12 for guests & 1 dedicated space for the owner) Covered pavilion ideal for wedding receptions & casual parties up to 40 guests Last renovated in 2018 Newly designed website with professional photography and video Active advertising and marketing are in place. Operating as a luxury beachfront inn for almost 20 years. Many repeat guests. Past Awards: Superior Small Inns White Glove Award. Best Hidden Gem in the U.S. - Trip Advisor. One of Top 10 most romantic Properties in the U.S. - Trip Advisor. One of Top 10 most romantic inns in the world - B&B.com. Wonderful Income Potential Located in a Desirable Vacation Area With nearly 20 miles of natural, and unspoiled beaches and waterways, Flagler Beach attracts vacationers from around the world looking to fish, go boating or kayaking, or just relax in the sun. Guests of the inn can enjoy over 45 nearby parks and 125 miles of trails for walking, bird watching, or biking. The inn is also conveniently located a half-hour from two major tourist towns historic St. Augustine and fun-filled Daytona Beach. Room to Increase Income Potential The spacious property has ample room to develop additional income-generating ventures, including a spa and massage facility, and a full-service restaurant open to the public. Additionally, the owner's quarters could be modified to allow an increase from 8 to 10 licensed hospitality or event/function rooms. The inn could also expand the space available as a wedding venue. Take Advantage of this Rare Beach Lifestyle and Livelihood Potential NOW Florida oceanfront residential and income-producing inn combinations rarely come on the market. The property is perfect for owners who want to live full-time near the ocean. It's also a great opportunity for investors who desire to hire and house a manager and/or staff. The current owners will be available to train the new owners, management, and staff. The owners are looking for serious inquiries only.

More Information MLS# 1080225

Contract Information

Current Price: $1,900,000 Sold Price: $1,900,000 Status: Closed Listing Contract Date: 2020-10-28 Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 2316 Street Direction Prefix: S Street Name: OCEAN SHORE Street Suffix: Boulevard County: Flagler State: FL Postal Code: 32136 MLS Area Major: 606-Flagler County South-Beach

General Property Information

Building Area Total: 5285 Building Area Source: Public Records Year Built: 2001 Waterfront YN: Yes Stories Total: 2 Directions: SR 100 East to Flagler Beach. Head south to property entrance on the right. Ocean access to the left. Public Remarks: TURN KEY BUSINESS! Boutique Florida Oceanfront Inn & Residence with Private Beach Access. Enjoy living a quiet Florida beach lifestyle while benefiting from income generated from eight private villas. Located in Flagler Beach, Florida, and recognized as one of the ''top 10 hidden hotel gems'' by TripAdvisor, Island Cottage Oceanfront Inn combines the warmth of a fine B&B with the ambiance of a Caribbean-themed beach resort. With an Excellent Rating from nearly 300 reviews on TripAdvisor, guests describe the inn as a ''great place for a romantic getaway,'' a ''wonderful honeymoon'' spot with breathtaking views, and a ''wonderful place to relax, enjoy the beautiful beach, swim in the crystal clear pool.'' ALSO listed for sale as a VACATION RENTAL. List Price/SqFt: 378.24 Sold Price/SqFt: 359.51

Status Change Information

Major Change Timestamp: 2023-11-20T13:18:17Z Major Change Type: Price Reduced Price Change Timestamp: 2020-12-09T19:46:26Z Purchase Contract Date: 2021-07-11 Close Date: 2021-08-17 Close Price: 1900000

Historical Information

Public Historical Remarks 1: Road Surface: Asphalt Road, Parking Facilities-Keypad Entry: Y, Approx. Total SqFt: 5285.00, Number of Units: 5 - 10 Units Public Historical Remarks 2: Number of Buildings: 2 Buildings Public Historical Remarks 3: Current Zoning: tc

Property Features

Association Amenities: Beach Access Business Type: Bed & Breakfast; Professional/Office Construction Materials: Concrete; Frame; Stucco Current Use: Commercial Flooring: Carpet Heating: Central; Heat Pump Listing Terms: Cash; Conventional Parking Features: Guest; Parking Lot Roof: Shingle Sewer: Public Sewer Utilities: Cable Available; Cable Connected Water Source: Public Waterfront Features: Navigable Water; Ocean Front
Listing Office: ASSIST2SELL FULL SERVICE REALTY LLC.
Last Updated: February - 03 - 2025
Information deemed reliable but not guaranteed.