Property Description

Rare opportunity to acquire a two-property mixed-use package in Ormond-by-the-Sea, offered together as one sale. The package includes the 20-unit motel at 1732 Ocean Shore Blvd and the adjacent retail and apartment property at 1740 Ocean Shore Blvd. The motel currently has 16 of 20 units occupied, with four vacant (80% occupancy). The 1740 property features six retail spaces and six apartments above: 3-1/1, 2-2/1, and 1-3/1. Retail uses include a surf shop, barbershop, smoothie shop, dance studio, massage therapist, and coffee shop. A distinctive coastal investment combining hospitality, retail, and residential uses in one offering.