One Ocean Resort & Spa in Atlantic Beach sold for $48.6 million

A joint venture will oversee a full renovation of the oceanfront property in 2025.

One Ocean Resort & Spa in Atlantic Beach is at the corner of Atlantic Boulevard and north of the Beaches Town Center.
One Ocean Resort & Spa in Atlantic Beach is at the corner of Atlantic Boulevard and north of the Beaches Town Center.
Special to the Daily Record
  • Real Estate
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One Ocean Resort & Spa in Atlantic Beach sold June 27 for $48.62 million.

The oceanfront property comprises a 2.33-acre hotel site and a 0.8-acre parking lot at 1 Ocean Blvd. It is north of the Beaches Town Center at the end of Atlantic Boulevard and was once known as the Sea Turtle Inn.

Dallas-based Ashford Hospitality Trust sold the hotel through Ashford Atlantic Beach LLP.

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