1401 Atlantic Blvd - Hospitality FOR SALE


Neptune Beach, FL 32266
$15,000,000 USD
404-398-2090
1401 Atlantic Blvd, Neptune Beach, FL for Sale
$15,000,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

1401 Atlantic Blvd
Neptune Beach, FL 32266


HIGHLIGHTS

  • Hotel is located right off Interstate I-95
  • Minutes to the Beach and FSU
  • Fine Dining and Shopping Minutes Away
  • Close to All Demand Generators
  • Bank Financing Available

OVERVIEW

Offered Price: $15,000,000 As Is / $20,000,000 Renovated Rooms: 132 Interior Corridor Lot Size: 3.31 acres 2 Stories Hotel is located right off Interstate I-95 Close to All Demand Generators Bank Financing Available Property Features: Outdoor Pool Restaurant / Bar On Site Guest Laundry Furnished Microwave Refrigerator Minutes to the Beach and FSU Fine Dining and Shopping Minutes Away Ocean’s Boutique Inn Beach Property – Neptune, FL is strategically located right off Interstate I-95, offering excellent connectivity throughout Northeast Florida. The property sits just 18 miles from Downtown Jacksonville, placing it within easy reach of the city’s commercial and entertainment districts. Situated steps away from the Atlantic shoreline, the inn benefits from its prime beachside location in Neptune, a high-demand coastal community. Nearby attractions include Jacksonville Beach Pier (2 miles), Adventure Landing Water Park (3 miles), and TPC Sawgrass in Ponte Vedra Beach (9 miles), home to world-renowned golf tournaments. The Jacksonville International Airport is approximately 27 miles from the property, ensuring convenient access for regional and national connectivity. Additional landmarks include Mayo Clinic Jacksonville (7 miles) and University of North Florida (11 miles), both significant demand generators. The property’s placement within Neptune Beach offers direct access to boutique shopping, dining districts, and upscale residential neighborhoods, enhancing its long-term investment potential. Location Highlights: 1. Interstate & Highway Access – Conveniently located off Interstate I-95, providing direct connectivity to Downtown Jacksonville, Jacksonville International Airport, and surrounding coastal communities. 2. Proximity to Airport – Approximately 27 miles from Jacksonville International Airport (JAX), ensuring regional and national accessibility. 3. Distance to City Center – About 18 miles from Downtown Jacksonville, home to the Jacksonville Riverwalk, VyStar Veterans Memorial Arena, and TIAA Bank Field. 4. Nearby Shopping & Local Amenities – Surrounded by Neptune Beach Town Center’s boutique shops and dining options; St. Johns Town Center (12 miles) offers upscale retail, restaurants, and entertainment. 5. Regional Attractions Jacksonville Beach Pier – 2 miles Adventure Landing Water Park – 3 miles TPC Sawgrass, Ponte Vedra Beach – 9 miles Mayo Clinic Jacksonville – 7 miles University of North Florida – 11 miles 6. Community & Recreation Features – Coastal access with Neptune Beach and Atlantic Beach steps away; recreational destinations nearby include Hanna Park (7 miles), offering trails, camping, and waterfront activities. Neptune Beach, Florida is a small, quiet coastal community located between Atlantic Beach and Jacksonville Beach. Its hotel business is primarily driven by its appeal as a vacation and weekend getaway destination. As a result, new developments are more focused on enhancing the overall charm and amenities of the area rather than on large-scale corporate or industrial projects. Here are the developments in and around Neptune Beach that could drive hotel business: Residential Growth: The area is seeing new residential construction, including single-family homes and townhomes. This influx of new residents leads to an increase in demand for hotel rooms from friends and family who visit them. Commercial and Retail Development: While large commercial projects are not as common as in nearby Jacksonville, new restaurants and businesses continue to open. For example, a new Chipotle Mexican Grill is now open in the Seminole Shoppes. The expansion and revitalization of commercial areas, particularly the Beaches Town Center, make the area more appealing for visitors who are looking for a walkable mix of shopping, dining, and nightlife. Beaches Town Center: This is the heart of the area's tourism. It is a compact, pedestrian-friendly district with boutiques, restaurants, and two oceanfront hotels. Ongoing efforts to attract new merchants and maintain the vibrant atmosphere of the town center are key to attracting and retaining visitors. Infrastructure and Public Spaces: The city is making investments in public infrastructure projects, such as Mayport Road improvements and a new multi-use path. While these are not direct hotel developments, they make the area more accessible and enjoyable for both residents and tourists, which can increase the overall number of visitors. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

132

PRICE/ROOM

$113,636 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean’s Boutique Inn Beach Property - Neptune

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

105

LAND DETAILS

LAND ACRES

3.31 AC

LAND SF

144,184 SF

ZONING

NC-3

APN/PARCEL ID

177547-0000

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.