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The Nest Group at Lokation Real Estate
1104 S Ocean Shore Boulevard, Flagler Beach, FL 32136
- $2,800,000
- Sold Price
- $2,800,000
- List Price
- $3,500,000
- Status
- Sold
- Days on Market
- 997
- Closing Date
- Jul 02, 2026
- MLS#
- FC290302
- Property Style
- Hotel/Motel
- Year Built
- 1945
- Lot Size
- 25,000
- Acres
- 0.57
- Total Acreage
- 1/2 to less than 1
- MLS Area Major
- Flagler Beach
Property Description
Explore the Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard, a newly renovated and fully operational boutique beach retreat. The nine-room resort includes an oceanfront restaurant with a commercial kitchen, a plunge and 98-degree mineral pool, and a 1,672-square-foot full-service luxury spa. Cap Rate 7.45% Ample outside deck and pergola seating at the Golden Magnolia takes advantage of the breathtaking ocean and pool views throughout the property which lead to a beach entry offering guests miles of relaxing, sandy beaches. It also features poolside day beds, pool deck picnic tables and umbrellas, outdoor lounge areas, an outdoor gas fireplace, new air conditioning systems, and a new water heater, lowering the estimated capital expenditures for buyers. Additionally, the resort is fully licensed for liquor, restaurant, and spa services and is available to book through major booking sites, providing multiple avenues from which to capitalize. Buyers can acquire an asset equidistant to Jacksonville and Orlando in a community projected to see a 16.5% growth in population by 2027. That figure reflects a trend throughout the region of new residents looking to Northern Florida’s warmer climate to provide a perpetual vacation destination unrivaled by the rest of the country. That will buoy already high traffic counts that exceed 16,000 vehicles per day, adding to the number of potential guests attracted to the retreat. The Golden Magnolia Resort and Spa at 1104 Oceanshore Boulevard is ideally suited for buyers searching for their next investment in a rapidly-growing community.
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Additional Information
- Taxes Annual
- $29584
- Location
- Flood Insurance Required, Waterfront
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Floor
- Carpet, Ceramic Tile, Laminate, Parquet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
- Heating
- Central, Exhaust Fan, Heat Pump
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Roof
- Cement
- Foundation
- Basement, Block, Crawlspace, Slab
- Pool
- No Pool
- Garage Features
- Parking Spaces - 19 to 30, Ground Level, Lighted
- Water View
- Beach, Gulf/Ocean - Full
- Water Access
- Beach, Gulf/Ocean
- Water Frontage
- Beach Front, Gulf/Ocean
- Flood Zone Code
- el11
- Parcel ID
- 12-12-31-4500-00180-0010
- Legal Description
- GEORGE MOODY SUB DIV BLOCK 18 LOTS 1,2,3 OR 268 PG 391
Listing courtesy of GOLDEN MAGNOLIA REALTY CORP. 386-986-4070
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