1705 Ocean Drive, Vero Beach, FL 32963

$4,900,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,900,000
MLS#
297770
Status
ACTIVE
County
Indian River
City
Vero Beach
Property Subtype
Hotel/Motel

Property Description

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.

Additional Information

Days on Market
55
Year Built
1956
Cooling
Ceiling Fan(s), Other, Window Unit(s)
Heating
None
Parking Spaces
20

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Paradise.