50 VILANO Road
St. Augustine, FL 32084
MLS# 1153610
Status:
Closed
Property DescriptionThe ''Magic Beach Motel'', a local icon, is located just a few short steps from the Atlantic Ocean in Vilano Beach. This 24-room motel has been in operation since the 50's and enjoys the best of all worlds, Ocean, Center Main Street, and all the activities and colors of the local area.
The heavy lifting has been done as the motel has had extensive renovations. The first floor CBS structure has been diligently maintained and the buildings enjoy virtually zero deferred maintenance. The main roof is less than 6 years old, and most front facing windows are Impact Resistant. Each room is uniquely appointed, all offer WIFI, electronic locks, individual climate control, and onsite parking as well as street parking.
Parcel Number: 1482900400
Lot Size Acres: 0.82
Number Of Units Total: 24
Water Body Access YN: No
Waterfront YN: No
Directions: East on May Street – Over the Vilano Causeway (Francis & Maria Usina Bridge), Right onto Coastal Highway, Left onto Vilano Road, entrance to the property is located 90 feet on the left.
Public Remarks: The ''Magic Beach Motel'', a local icon, is located just a few short steps from the Atlantic Ocean in Vilano Beach. This 24-room motel has been in operation since the 50's and enjoys the best of all worlds, Ocean, Center Main Street, and all the activities and colors of the local area.
The heavy lifting has been done as the motel has had extensive renovations. The first floor CBS structure has been diligently maintained and the buildings enjoy virtually zero deferred maintenance. The main roof is less than 6 years old, and most front facing windows are Impact Resistant. Each room is uniquely appointed, all offer WIFI, electronic locks, individual climate control, and onsite parking as well as street parking.
Building Area Total: 15292
Stories Total: 2
Building Area Source: Public Records
List Price/SqFt: 248.5
Sold Price/SqFt: 251.77
Year Built: 1958
Wall Unit(s): 1
Window Unit(s): 1
Commercial: 1
Hotel/Motel: 1
On Street: 1
Parking Lot: 1
Public Historical Remarks 1: Road Surface: Asphalt Road, Possible Financing-1031 Exchange: Y, Lot Location-Free Standing: Y, Approx. Total SqFt: 10240.00, Number of Units: 21 - 50 Units
Public Historical Remarks 2: Signage Available: Y, Number of Buildings: 2 Buildings, Ceiling Height: 8' - 10' Ceilings
Public Historical Remarks 3: Current Zoning: Motel
Current Price: $3,850,001
Sold Price: $3,850,001
Status: Closed
Listing Contract Date: 2022-02-12
Property Sub Type: Mixed Use
Street Number: 50
Street Name: VILANO
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32084
MLS Area Major: 266-Vilano Beach
Major Change Timestamp: 2022-05-20T18:59:00Z
Major Change Type: Status Change
Purchase Contract Date: 2022-04-19
Close Date: 2022-05-09
Building Features: Laundry; Pool
Construction Materials: Concrete; Frame; Stucco
Cooling: Wall Unit(s); Window Unit(s)
Current Use: Commercial; Hotel/Motel
Listing Terms: Cash; Conventional
Parking Features: On Street; Parking Lot
The motel's footprint allows for future expansion. This opportunity enjoys the Vilano Beach Town Center Zoning (TCMU) which has a mixed-use zoning with a variety of residential and/or commercial uses. Significant advantages include Zero Lot Lines a 40 foot height limit, off-site stormwater management, underground utilities and Art Deco or Florida Vernacular architecture. The motel is located across from Publix grocery, retail stores and restaurants.
Excellent potential as Owner Operators can reside on-site in the large Owner's Suite with access to the front desk and eliminate the cost of hiring a motel manager. Live and work in Paradise.
Magic Beach Motel provides an exceptional opportunity for an owner-operator looking for a unique cash-flowing business or an investor looking to grow and curate a Florida-based portfolio. The Magic Beach Motel is offers at a competitive cap rate based on its 2021 cash flow. Operating metrics are available upon receipt of an executed NDA.
Magic Beach is a favorite destination among locals, travelers, and vacationers for many generations. Special attention has been devoted during the renovations to maintain its' Landmark Fame including the neon lighting and famous Magic Beach Motel sign as well as the original room murals depicting scenes of Ponce de Leon, St. Augustine, and Flagler College. Magic Beach was part of the set in the filming of "Safe Harbor" starring Rue McClanahan and Gregory Harrison in the late '90s. The sign which features rabbits and a hat in neon came about because the fictional character was a magician. The Art Deco motel features pink flamingos, bright colors, neon lights, and, of course, the Magic Beach Motel sign.
As it is steps from the beach, guests can also relax and breathe in the ocean air by the pool (handicap accessible). Take advantage of the Wi-Fi available throughout the property, go to the beach pavilion, catch the scenic ocean sunrise, or fish at the public pier.
Current Room Specifications:
Two (2) - King with Jacuzzi, balcony, and Ocean View
One (1) - Queen (2) with Jacuzzi, private balcony, and Ocean View
One (1) - King with Jacuzzi and Ocean View
Two (2) - Queen and Twin room with handicap bathroom/handicap parking
One (1) - King + Queen mini suite w/ handicap bathroom
Five (5) - Deluxe Suite with separate King and Queen rooms, futon, dining space
One (1) - Standard Queen room
Ten (10) - Standard King room (5 with murals)
One (1) - King with Jacuzzi
Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: February - 13 - 2025
Information deemed reliable but not guaranteed.
NDA 
