Lazy Hours Motel | 1316 Oceanshore Blvd
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Lazy Hours Motel 1316 Oceanshore Blvd
11 Room Hotel Flagler Beach, FL 32136 $2,488,500 CAD ($226,227 CAD/Room)
Investment Highlights
- Amazing view of the Ocean!
- Own and Live on the Beach!
Executive Summary
Unbelievable investment opportunity in Flagler Beach, Fl. This amazing boutique Oceanfront motel sits on 100' of some of Florida's most beautiful beaches. Closed for the last few years, the property will require a full renovation allowing new owners to design and complete to their discretion. The current layout offers 10 guest rooms, a large owner/managers suite, laundry room, spacious garage and ample parking. Flagler Beach is located along Florida's Atlantic Coast between Daytona Beach and St. Augustine offering a quaint downtown, sparkling beaches, waterfront dining, and a wonderful family friendly atmosphere with free access to the beach. Visitors will enjoy easy access from Orlando and Jacksonville airports and is just a few minutes drive from I-95.
Palm Coast and Flagler Beaches hotels & resorts enjoy 60.5% occupancy with an average daily rate of $150 for November of 2022.
The property is zoned TC-Tourist Commercial allowing for Motels, Hotels, Bed and Breakfast, Restaurants, Gift Shops and several other uses.
Palm Coast and Flagler Beaches hotels & resorts enjoy 60.5% occupancy with an average daily rate of $150 for November of 2022.
The property is zoned TC-Tourist Commercial allowing for Motels, Hotels, Bed and Breakfast, Restaurants, Gift Shops and several other uses.
Property Facts
| Price | $2,488,500 CAD | Lot Size | 0.31 AC |
| Price Per Room | $226,227 CAD | Building Size | 5,226 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Sale Conditions | Redevelopment Project | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Parking Ratio | 1.77/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $2,488,500 CAD |
| Price Per Room | $226,227 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,226 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 1.77/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 11 | $85.32 CAD | - |
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PROPERTY TAXES
| Parcel Number | 18-12-32-2750-00001-0050 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $580,866 CAD |
PROPERTY TAXES
Parcel Number
18-12-32-2750-00001-0050
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$580,866 CAD
zoning
| Zoning Code | TC |
| TC |
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Lazy Hours Motel | 1316 Oceanshore Blvd
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