Ormond Beach, FL
$4,500,000
Ormond Beach, FL 32176
391,961
NOI
21,377 sqft
Building Size
Details:
Highlights:
- Lot Features: Beach Access
- Building Features: Manager On Premises
- Number Of Buildings: 2
- Documents Available: Financial Statement
- Cooling: Central Individual A/C
- Heating: Central Electric
- Construction Materials: Concrete Block Construction
- Parking Features: Common, Guest
- Ownership: Other Ownership
Description:
Oceanfront hospitality, retail, and luxury apartments — one contiguous block-to-block offering directly across from the Atlantic. 20-unit motel in good condition with a mix of extended-stay and vacation guests, plus a two-story commercial building: six street-level retail units below six newly renovated (2025) ocean-view apartments above. Apartments feature new kitchens and bathrooms, wind-rated windows, new central HVAC and appliances. 24 on-site parking spaces. Live-on-site motel manager and maintenance in place. The sale also includes the adjacent oceanfront parcel across the street, between the roadway and the sand — the offering runs block to block. FDOT's $20.4M Ocean Shore Boulevard corridor improvement project — new pavement, sidewalks, shared-use path, and pedestrian crossings — is completing Fall 2026, delivering upgraded infrastructure directly in front of the property.
Location
Gallery
