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1705 Ocean Drive Vero Beach, FL $ 5,500,000
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$ 5,500,000 Get more info
1705 Ocean Drive
$ 5,500,000
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1705 Ocean Drive

Vero Beach, FL, 32963
$ 5,500,000
Baths0.0 Sq 10,317

Monthly Estimate*

$ 36,555

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Studio

Commercial Property for sale in Vero Beach, FL

for $5,500,000. This 10,317 square foot building was 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

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Commercial Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

HotelMotel

Year Built

1956

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

277950
Features
General
Sewer PublicSewer
Directions A1A to east cause way drive left on Ocean drive to cul de sac
City Vero Beach
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* Excluded Features
List By
Century 21 Circle

Broker

Phippster2@aol.com

Email

Affordability Calculator

$36,555
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1161544 Elementary School
1161510 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$5,500,000 Listed Price

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1705 Ocean Drive, Vero Beach, FL, 32963 is a Commercial Property for sale at $5,500,000 with 10,317 sqft. 1705 Ocean Drive is a studio with 0.0 baths and was built in 1956. The property's zip code is 32963 which is in Vero Beach, FL

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