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.

 

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