Welcome to A1A Ocean Club, an exquisite boutique motel nestled along the sandy shores of Flagler Beach, Florida. This property is being sold with a separate parcel MLS ID V4931514 for parking. This unique property offers a perfect blend of coastal charm and investment potential, making it an exceptional opportunity for savvy investors looking to run a boutique motel on the pristine beaches of Flagler Beach. The Property: A1A Ocean Club is ideally situated in the heart of Flagler Beach, offering unparalleled access to the ocean and all the area has. The motel's unique architecture and coastal-inspired design perfectly complement the surrounding natural beauty, providing guests with an unforgettable stay and a true taste of Florida's coastal lifestyle.
About Flagler Beach: Flagler Beach is a hidden gem along Florida's Atlantic coastline, not too far from and attracting visitors due to the proximity from Daytona Beach with its bike week, and other Daytona Beach activities, Flagler Beach in contrast boasts a laid-back atmosphere and a vibrant community. The town's scenic beauty, with its unspoiled beaches, stunning sunrises, and breathtaking ocean views, has charmed both locals and visitors alike. Flagler Beach exudes a quaint and friendly ambiance, creating an idyllic destination for tourists seeking a relaxing and authentic Florida beach experience.
Upsides for Investors:
1. Prime Location: As a boutique motel on the beachfront, A1A Ocean Club benefits from its strategic location along the famous A1A Highway. This ensures high visibility and foot traffic from tourists exploring the scenic coastal route.
2. Year-Round Tourism: Flagler Beach attracts visitors year-round, thanks to its pleasant climate and a wide range of outdoor activities. Whether it's sunbathing, fishing, surfing, or simply strolling along the beach, tourists are drawn to the area throughout the year.
3. Limited Competition: The boutique motel concept presents a unique advantage as it caters to travelers seeking a more personalized and intimate experience. With limited competition in this segment, A1A Ocean Club can position itself as a premium accommodation choice.
4. Potential for Growth: As an investor, you have the opportunity to enhance the property's appeal by adding modern amenities, refining guest services, and implementing targeted marketing strategies. With Flagler Beach's rising popularity, the motel's potential for growth is promising.
5. Resilience in the Hospitality Sector: The hospitality sector has shown remarkable resilience, and beachfront properties tend to be particularly attractive to travelers. A1A Ocean Club, with its inviting ambiance and coastal charm, is well-positioned to capitalize on this trend.
Invest in the Coastal Lifestyle: A1A Ocean Club offers not just a business venture but a chance to immerse yourself in the alluring coastal lifestyle of Flagler Beach. Imagine waking up to the soothing sound of waves and savoring the breathtaking ocean views every day. Whether you are an experienced investor or a visionary entrepreneur, this unique motel on the beachfront promises an unforgettable investment opportunity.
Don't miss the chance to be a part of the Flagler Beach community and capitalize on the growing demand for boutique accommodations. Contact us today to learn more about A1A Ocean Club and how you can embark on a rewarding investment journey in this charming coastal paradise.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $513 | $513 | $513 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,566 | $15,367 | $21,072 |
Total Monthly Payment | $16,204 | $16,005 | $21,710 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.