SoldHotel/MotelSold
1104 S Ocean Shore Boulevard
Flagler Beach, FL 32136
$2,800,000
- 5,257Sq Ft
- $533Per Sq Ft
- 0.57Acres
- 1945Built
- County
- Flagler
- MLS®
- FC290302
Overview
Explore the Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard, a newly renovated and fully operational boutique beach retreat. The nine-room resort includes an oceanfront restaurant with a commercial kitchen, a plunge and 98-degree mineral pool, and a 1,672-square-foot full-service luxury spa. Cap Rate 7.45%
Ample outside deck and pergola seating at the Golden Magnolia takes advantage of the breathtaking ocean and pool views throughout the property which lead to a beach entry offering guests miles of relaxing, sandy beaches. It also features poolside day beds, pool deck picnic tables and umbrellas, outdoor lounge areas, an outdoor gas fireplace, new air conditioning systems, and a new water heater, lowering the estimated capital expenditures for buyers. Additionally, the resort is fully licensed for liquor, restaurant, and spa services and is available to book through major booking sites, providing multiple avenues from which to capitalize.
Buyers can acquire an asset equidistant to Jacksonville and Orlando in a community projected to see a 16.5% growth in population by 2027. That figure reflects a trend throughout the region of new residents looking to Northern Florida’s warmer climate to provide a perpetual vacation destination unrivaled by the rest of the country. That will buoy already high traffic counts that exceed 16,000 vehicles per day, adding to the number of potential guests attracted to the retreat. The Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard is ideally suited for buyers searching for their next investment in a rapidly-growing community.
Listing Snapshot
- Price
- $2,800,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 5,257 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.57 Acres
- Year Built
- 1945
- MLS® Number
- FC290302
- Status
- Sold
- Property Tax
- $29,584.54 (2022)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Appraiser
Property Details
General Features
13 items
- Acres
- 0.57
- Building Features
- Bathrooms, Common Lighting, Elevator – None, Fencing, Furnished, Kitchen Facility, Lit Sign on Site, On Site Shower, Ramp, Reception, Seating, Stone Counter, Waiting Room
- Direction Faces
- East
- Foundation
- Block, Slab
- Levels
- Two
- Number Of Stories
- 2
- Parking
- Lighted
- Property Sub Type
- Hotel/Motel
- Security
- Security Lights, Smoke Detector(s)
- Sewer
- Public Sewer
- SqFt Total
- 5,257
- Utilities
- Electricity Available, Phone Available, Water Connected
- Water Source
- Public
Interior Features
8 items
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Basement
- Crawl Space, Bath/Stubbed, Finished, Full, Interior Entry
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Flooring
- Carpet, Ceramic Tile, Laminate, Parquet
- Furnished
- Furnished
- Heating
- Central, Exhaust Fan, Heat Pump
- Window Features
- Double Pane Windows, Drapes, Storm Window(s), Insulated Windows, Low Emissivity Windows, Tinted Windows
Exterior Features
8 items
- Construction Details
- Stucco
- Lot Features
- Waterfront
- Road Frontage
- State Road
- View
- Beach, Water
- Waterfront
- Yes
- Waterfront Features
- Beach Front, Ocean Front, Beach Access
- Waterview
- Beach, Water
- Windows/Doors
- Double Pane Windows, Drapes, Storm Window(s), Insulated Windows, Low Emissivity Windows, Tinted Windows
Community Features
5 items
- Accessibility Features
- Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s)
- MLS Area
- 32136 - Flagler Beach
- Township
- 12
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
1104 S Ocean Shore Boulevard, Flagler Beach, FL 32136 · 32136 - Flagler Beach
Neighborhood & Commute
ZIP Code 32136
- Median household income
- $76,091
- Income per person
- $49,664
- Households
- 4,967
- Average household size
- 2.03
- Median age
- 61.8
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Closed
- Price changed to $3,500,000











