Price Reduction - Waterfront
Address
901 N Ocean Shore BOULEVARD, FLAGLER BEACH, FL
Price
$ 2,500,000
Property Attributes
- MLS#V4933160
- TypeIncome
- CountyFLAGLER
- CityFLAGLER BEACH
- AreaFlagler Beach
- NeighborhoodCochran Place Sub
- Zip32136
- StyleMulti Family
- Year Built1986
- Taxes$ 15936
- Price$ 2,500,000
- Bedrooms11
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage5068
- Lot Size5,227 SqFt
Data Source:
Stellar MLS
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.
| Price History | |
|---|---|
| 11/12/2023 | Listed $2,800,000 |
| 2/19/2024 | 8% - $2,600,000 |
| 5/13/2024 | 4% - $2,500,000 |
General Features
| Interior Features | Ceiling Fan(s),Open Floorplan,Solid Surface Counters |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water - Multiple Meters,Water Connected |
| Roof | Built-Up,Metal |
| Exterior Features | Balcony,Outdoor Shower,Rain Gutters,Sidewalk |
| Zoning | TC |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck |
| Security Features | Closed Circuit Camera(s),Smoke Detector(s) |
| Construction Materials | Block,Stucco |
| Pets Allowed | No |
| Year Built | 1986 |
| View | Water |
| Levels | Three Or More |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Waterfront Features | Gulf/Ocean |
| County | Flagler |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Attached Garage | Yes |
| Subdivision Name | COCHRAN PLACE SUB |
| Garage Y/N | Yes |
| Other Structures | Shed(s) |
| Status | Active |
| Directions | From I95 take State Rd 100(Moody Blvd) exit #284 east to SR A1A in Flagler Beach,then left to 901 N Ocean Shore. |
| City | FLAGLER BEACH |
| Buyer Agent Compensation | 2.5% |
| Body of Water | Atlantic Ocean |
| Senior Community Y/N | No |
| Total Units | 5 |
| MLS Area | 32136 - Flagler Beach |
| Lot Size Square Feet | 5009 |
| Private Pool | No |
| Waterfront Y/N | Yes |
| Carport Y/N | No |
| Street Name | Ocean Shore |
| Listing Terms | Cash,Conventional |
| Property Attached Y/N | Yes |
| Tax Annual Amount | 15936.53 |
| Property Condition | Completed |
| Public Remarks | 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 scen |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertiesinmotion.com/property-tours/165182789 |
| Days on Market | 183 |
| Standard Status | Active |
| Tax Lot | 6 |
| Legal Description | Lot 6,Block 5,COCHRAN PLACE,according to the plat therof,as recorded in Plat Book 1,Page 12,of the Public Records of Flagler County,Florida |
| Water View | Gulf/Ocean - Full |
| Water Access Type | Beach,Gulf/Ocean |
| Minimum Lease | 1-7 Days |
| Water Access Y/N | Yes |
| Water View Y/N | Yes |
Interior Features
| Flooring | Carpet,Luxury Vinyl,Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Aluminum Frames,Double Pane Windows,Impact Glass/Storm Windows,Tinted Windows,Window Treatments |
| Fireplace Y/N | No |
| Street Suffix | BOULEVARD |
| Laundry Features | Corridor Access,Inside,Laundry Room |
| Total Bedrooms | 11 |
| LivingAreaSource | Public Records |
| Total Baths | 6 |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | Garage Door Opener,Garage Faces Side,Guest,Off Street |
|---|---|
| Lot Features | CoastalConstruction Control Line,Corner Lot,City Lot,Level,Sidewalk |
| Water Source | Public |
| Lot Size Area | 5009 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 6076 |
| Lot Dimensions | 50 x 100 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Square Feet |
| Covered Spaces | 2 |
| Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 32136
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 16, 2024 2:08 AM UTC
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