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1705 Ocean Dr, Vero Beach, FL – $5,500,000

  • $5.5M Price
  • 23,958 Sqft
  • .55 Acres
  • $5.5M Price
  • 23,958 Sqft
  • .55 Acres

1705 Ocean Dr

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

Essential Information

  • MLS® #F10452585
  • Price$5,500,000
  • Bathrooms0.00
  • Square Footage23,958
  • Acres0.55
  • Year Built1956
  • TypeCommercial
  • StatusPending Sale/Rental

Community Information

  • Address1705 Ocean Dr
  • Area6312
  • CityVero Beach
  • CountyIndian River County
  • StateFL
  • Zip Code32963-2260

Amenities

  • ParkingGuest Parking, Common Parking

Interior

  • HeatingNo Heat
  • # of Stories2
  • Stories2

Exterior

  • ConstructionConcrete Block Construction

Additional Information

  • Listing Courtesy ofColdwell Banker Paradise
  • ZoningRM-10
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