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 Size0.12 Acres
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
Possession Close of Escrow
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.
ModificationTimestamp 2024-05-13T14:28:11.243Z
City FLAGLER BEACH
Buyer Agent Compensation 2.5%
Body of Water Atlantic Ocean
Disclosures None
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 5
MLS Area 32136 - Flagler Beach
Lot Size Units Square Feet
Lot Size Square Feet 5009
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 15936.53
Property Condition Completed
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertiesinmotion.com/property-tours/165182789
Days on Market 183
Building Area Units Square Feet
Living Area Units Square Feet
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
Flood Zone Code X

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
Laundry Features Corridor Access,Inside,Laundry Room
Total Bedrooms 11
LivingAreaSource Public Records
Total Baths 6

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
Covered Spaces 2
Number of Separate Water Meters 3
Number of Separate Electric Meters 6
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

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
AVG $1.05M
$2.5M
Taxes
AVG $7,733
$15,936
Visits
AVG 790
1149
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1986