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1705 Ocean Drive Vero Beach, FL $ 4,500,000
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$ 4,500,000 Get more info
1705 Ocean Drive
$ 4,500,000
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1705 Ocean Drive

Vero Beach, FL, 32963
$ 4,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 28,074

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Commercial Property for sale in Vero Beach, FL

for $4,500,000. This building was built in 1956.

Prime Opportunity in Prime location. Motel is located across the street from Public Beach access. Time and money has been invested in this Motel to make it perform like a well oiled Machine. There have been many meticulous upgrades to each unit to bring out the beach feel for valued Guests. A new roof, Upgraded Main Electric panel, updated Billing system and other upgrades help the Staff operate efficiently with out needing the owner to be present. 19 units with 1 unit being used for on site staffer for assistance to operate at all hours. Owner financing available for qualified buyers.

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1956

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

285137
Features
General
Sewer Public Sewer
Heating None
Cooling Ceiling Fan(s) Other Window Unit(s)
Year Built 1956
Property Subtype Hotel/Motel
Parcel Number 33400500009003000018.0
County Indian River
New Construction false
Property Type Business Opportunity
Status Active
Directions A1A to East Causeway dr left onto S Ocean Drive to end on Left
City Vero Beach
Association Name N/A
MLS Area Beach South
Lot Size Units Acres
Standard Status Active
Property Sub Type Additional Business
Legal Description PELICAN COVE II BLK 3 LOT 18 PBI 3-79
Zoning Description Commercial
Tax Assessed Value 1012760
Virtual Tour https://vimeo.com/445672126 https://vimeo.com/445672126
Current Use Hotel/Motel
Business Type Hotel/Motel
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Interior
Flooring Other Terrazzo Tile
Air Conditioning Y/N true
Heating Y/N false
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Exterior
Water Source Public
Lot Features 1/2 to 1 Acre Lot
Lot Dimensions .55
Total Parking 20
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* Excluded Features
List By
Coldwell Banker Paradise

Broker

772-589-7777

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Affordability Calculator

$28,074
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,074
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/6/2025$4,500,000 Listed Price

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1705 Ocean Drive, Vero Beach, FL, 32963 is a Commercial Property for sale at $4,500,000. 1705 Ocean Drive was built in 1956. The property's zip code is 32963 which is in Vero Beach, FL

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