901 Ocean Shore BLVD #101 Active Save Request In-Person Tour Request Virtual Tour
Flagler Beach,FL 32136
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,068 sqft
Price per Sqft $392
Subdivision Cochran Place
MLS Listing ID 1200591
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1986
Annual Tax Amount $16,680
Lot Size 5,009 Sqft
Lot Dimensions 0.12
Property Description
Welcome to the small beachfront community of Flagler Beach, Florida, a retro town with salty style! Bombora Oceanside Suites is a Five Unit, fully operational, vacation rental property located on scenic SR A1A with unobstructed ocean views in the tourist district of downtown Flagler Beach. This property is turn-key, is extremely well maintained, and has a solid reputation with Super Hosts and Premier Hosts designations on Airbnb and VRBO, respectively. The owners have built a solid self-managed vacation rental business which is seeing a significant increase in repeat guests. Current projects in Flagler Beach include the $12.5 million Flagler Pier replacement and the new $17 million 100 room Margaritaville Hotel by Compass one block west of A1A on State Rd 100, just 9 blocks south of Bombora. These projects, which will raise the community's exposure nationally, are expected to increase the upside potential of Bombora Oceanside Suites. A dune walkover to the beach is across the street. Within one mile of the property are a myriad of choices of entertainment, shopping and restaurants: Break Awayz, Flagler Beachfront Winery, Next Door Bistro, The Golden Lion Cafe (an annual top10 Florida beachfront bar/restaurant), FARO Beachside Eatery, Rocky's Pizzeria, Finns Beachside Pub, The Funky Pelican, Romeros Italian, Wham Burger, Tortugas Florida Kitchen, Flagler Fish Company as well as the Flagler Pier and Veterans Oceanfront Park. This walkability, plus the laid-back nature of Flagler Beach, have lured visitors away from busier beach towns like Hilton Head and New Smyrna Beach. Added to the customer base are bookings from the Northeast US, Georgia, Tennessee and many from Florida, including the Orlando, Jacksonville and Tampa areas. There is a large ocean front patio with picnic tables and a firepit for Bombora's guests. All Five Units have been updated including kitchens, bathrooms, lighting, flooring, painting and furnishings. A common free laundry is located on the first floor for guests. Four of the units have one bedroom, one bath with full kitchen, large living area, and a sleeper sofa to accommodate up to four guests. The largest unit, currently owner occupied, has 180 degree views from the two story glass front and second floor ocean front balcony. At just over 2000 sf, it encompasses the entire third floor and part of the second and has two living areas, a pocket office, three bedrooms and two baths, a large kitchen, private laundry, and can sleep 10 or more. And, there is a very large two car garage that can be separately rented or used by the owner.
Location
State FL
County Flagler
Community Cochran Place
Direction From I95, go east to A1A, then north to 901 on the left.
Interior
Heating Central,Electric
Cooling Central Air,Electric,Multi Units
Exterior
Parking Features Off Street,Unassigned
Utilities Available Electricity Connected,Separate Electric Meters,Separate Water Meters,Sewer Connected,Water Connected
Roof Type Rolled/Hot Mop
Building
Lot Description Corner Lot
Water Public
Structure Type Block,Stucco
Others
Senior Community No
Tax ID 01-12-31-1100-00050-0060
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry