About This Home
This 0-bedroom, 0-bathroom commercial at 1732 Ocean Shore Boulevard in Ormond Beach, FL is listed for $4,500,000 ($539 per sqft). Built in 1952, the home offers 8,350 sqft of living space on a 0.63 acres lot.
Key Features
- Built in 1952
- 0.63 acre lot
- Waterfront
Property Details
Amenities
Rare opportunity to acquire a two-property mixed-use package in Ormond-by-the-Sea, offered together as one sale. The package includes the 20-unit motel at 1732 Ocean Shore Blvd and the adjacent retail and apartment property at 1740 Ocean Shore Blvd. The motel currently has 16 of 20 units occupied, with four vacant (80% occupancy).
The 1740 property features six retail spaces and six apartments above: 3-1/1, 2-2/1, and 1-3/1. Retail uses include a surf shop, barbershop, smoothie shop, dance studio, massage therapist, and coffee shop. A distinctive coastal investment combining hospitality, retail, and residential uses in one offering.
Monthly Cost Estimate
$24,067/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1732 Ocean Shore Boulevard
Ormond Beach, FL 32176
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1732 Ocean Shore Boulevard is listed at $4,500,000 ($539/sqft). The estimated monthly payment is $24,067 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1952, 0.63 acre lot, Waterfront.
This property is listed by Ray Hayyat and can be reached at 3862620974.
