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.
5,257 Sq Ft
0.57 Private Acres Lot Size
commercial
$2,465 Monthly Tax
Built in 1945
MLS/Listing ID FC290302
2 Stories
Accessible Hallway(s)
Visitor Bathroom
Accessible Full Bath
Accessible Bedroom
Accessible Approach with Ramp
Washer
Refrigerator
Microwave
Dryer
Dishwasher
Construction - Stucco
Cooling - Central Air
Parquet
Laminate
Double Pane Windows
Drapes
Insulated Windows
Low Emissivity Windows
Storm Windows
Tinted Windows
Waterfront
Parking - Lighted
Lot - Waterfront
Heating - Heat Pump
Basement
Block
Slab
Carpet
Ceramic Tile
Gulf/Ocean
Cement
Parking - Ground Level
Parking - 19 to 30 Spaces
Lot - Flood Insurance Required
Heating - Exhaust Fans
Heating - Central Building
Crawlspace