$4,500,000
Vero Beach, FL 32963
MLS# FX-10497123
1 / 15
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.
Details
General Property Description
For Sale: Yes
For Lease: No
Acres: 0.55
Built Desc: Resale
Waterfront: No
# of Stories: 2
Total Units: 19
Type: Hotel-Motel
Year Built: 1956
Location, Tax & Legal
Geo Area: IR12
Country: United States
State/Province: FL
Tax Year: 2024
Zoning: RM-10
Real Estate Taxes: 23229
County: Indian River
Parcel ID: 334005000090030000180
Street #: 1705
Street Name: Ocean
Street Suffix: Drive
Zip Code: 32963
Legal Desc: PELICAN COVE II BLK 3 LOT 18 PBI 3-79
Geo Lat: 27.633063
Geo Lon: -80.353162
Remarks & Misc
Directions: A1A to 17th street east to ocean drive left to Motel
Office/Member Info
DXORIGMLNO: F10497123
DXORIGMLSID: FLL
Building Info
# of Offices: 1
Location
Other: 1
Sale Includes
Building and Land: 1
Avail Info
Books & Records: 1
Deed: 1
Existing Survey: 1
Inventory: 1
Stock Inventory: 1
Construction
Block: 1
Concrete: 1
Avail Docs
Aerial: 1
Heating
No Heat: 1
Flooring
Ceramic Tile: 1
Terrazzo Floor: 1
Tile: 1
Utilities
Public Water: 1
Roof
Other: 1
Contract Information
Status: Active
Original List Price: 5250000
List Price: $4,500,000
Current Price: $4,500,000
Listing Date: 2025-04-08
Property Features
Construction: Block; Concrete
Location: Other
Sale Includes: Building and Land
Avail Docs: Aerial
Avail Info: Books & Records; Deed; Existing Survey; Inventory; Stock Inventory
Flooring: Ceramic Tile; Terrazzo Floor; Tile
Heating: No Heat
Utilities: Public Water
Roof: Other
Listing Office: Coldwell Banker Paradise
Last Updated: July - 22 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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