Active
1705 Ocean Drive
Vero Beach FL, 32963
$5,500,000
$533.10 per sqft
Active
19 Baths
10,317 sqft
Commercial
Built in 1955
Prime Opportunity in Prime location. Motel is located across the street from Public Beach access. Time and money has been invested in this Motel 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 Guests. A new roof, Upgraded Main Electric panel, updated Billing system and other upgrades help the Staff operate efficiently with out needing the owner to be present. 19 units with 1 unit being used for on site staffer for assistance to operate at all hours. Owner financing available for qualified buyers.
1033473
MLSⓇ ID
January 7, 2025
Listed
January 8, 2025
Updated
Map
1705 Ocean Drive
Vero Beach FL, 32963
Interior Features
Total Bathrooms
19
Floor Description
Concrete, Terrazzo, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Gas, Wall Unit(s), Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Features
Corner Lot, Cul-De-Sac
Sewer
Public Sewer
Other Property Details
Area Name
999 - Out of Area
Taxes
$22,995
Tax Frequency
Annually
Garage
No
Parking
Additional Parking, Off Street
View
No
County
Indian River
Water Source
Public
Pool
No
Courtesy of Coldwell Banker Paradise, Jimmy C Phipps,
Listing Contact: 772-589-7777
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nancy Shear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.