901 N OCEAN SHORE BLVD Active

Flagler Beach,FL 32136

$ 2200000

11 Beds

6 Baths

5068 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,068 sqft

Price per Sqft $434

Subdivision Cochran Place Sub

MLS Listing ID V4933160

Bedrooms 11

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $15,936

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x100

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.

Location! A dune walkover to the beach is directly 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 Sub

Zoning TC

Interior

Interior Features Ceiling Fans(s),Open Floorplan,Solid Surface Counters

Heating Central,Electric

Cooling Central Air

Flooring Carpet,Luxury Vinyl,Tile

Fireplace false

Laundry Corridor Access,Inside,Laundry Room

Exterior

Exterior Feature Balcony,Outdoor Shower,Rain Gutters,Sidewalk

Garage Garage Door Opener,Garage Faces Side,Guest,Off Street

Garage Spaces 2.0

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water - Multiple Meters,Water Connected

Waterfront true

Waterfront Description Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

View Water

Roof Type Built-Up,Metal

Porch Deck

Parking Type Garage Door Opener,Garage Faces Side,Guest,Off Street

Attached Garage true

Garage true

Private Pool No

Building

Lot Description CoastalConstruction Control Line,Corner Lot,City Limits,Level,Sidewalk,Paved

Entry Level Three Or More

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed No

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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