1161-1199 N Dixie Fwy, New Smyrna Beach, FL 32168 (MLS# 1100796)

1161-1199 N Dixie Fwy, New Smyrna Beach, FL 32168

$1,750,000

Property Type: Commercial Sale Square Footage: 8,215 Lot Size (sq. ft.): 52,272 Status: Closed

Current Price: $1,750,000 List Date: 8/29/2022 Last Modified: 9/28/2024

Overview

Description

THIS ENTIRE SUBJECT CONSISTS OF 2 SEPARATE PARCELS, A MOTEL/''B-3'' ZONED COMMERCIAL PROPERTY THAT WAS INITIALLY BUILT IN 1949, AND A VACANT ~16,500 SF LAND PARCEL THAT IMMEDIATELY ABUTS JUST TO THE NORTH GIVING 300 FT OF FRONTAGE ON US HWY 1. THE MOTEL PROPERTY MAINTAINS TWO BASIC STRUCTURES, WHICH ENTAILS BOTH A 14 UNIT LODGING FACILITY WITH VARIOUS SIZED EFFICIENCIES ALL CONSTRUCTED OF 4'' 'MASONRY' BLOCK WITH WOOD FRAMED TRUSSES ALONG WITH THE ORIGINAL CLAY 'BARREL' TILE ROOFING SYSTEM STILL IN PLACE. THE SECOND BUILDING ENCOMPASSES AN ~3,104 SF TWO-STORY MIXED COMMERCIAL & RESIDENTIAL UNIT THAT IS OWNER-OCCUPIED WITH THE MOTEL'S OFFICE AND POOL FACILITY SITUATED OUT IN FRONT OF THE PROPERTY.

Listing Details MLS# 1100796

General Property Information

Building Area Total: 8215
Year Built: 1949
Lot Size Acres: 1.2
Lot Size Dimensions: 300x157
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Directions: NORTH ON U.S. HWY 1 FROM CANAL STREET ~1.3 MILES, THE MOTEL PROPERTY AND ITS VACANT PARCEL ARE LOCATED TO YOUR RIGHT.
Public Remarks: THIS ENTIRE SUBJECT CONSISTS OF 2 SEPARATE PARCELS, A MOTEL/''B-3'' ZONED COMMERCIAL PROPERTY THAT WAS INITIALLY BUILT IN 1949, AND A VACANT ~16,500 SF LAND PARCEL THAT IMMEDIATELY ABUTS JUST TO THE NORTH GIVING 300 FT OF FRONTAGE ON US HWY 1. THE MOTEL PROPERTY MAINTAINS TWO BASIC STRUCTURES, WHICH ENTAILS BOTH A 14 UNIT LODGING FACILITY WITH VARIOUS SIZED EFFICIENCIES ALL CONSTRUCTED OF 4'' 'MASONRY' BLOCK WITH WOOD FRAMED TRUSSES ALONG WITH THE ORIGINAL CLAY 'BARREL' TILE ROOFING SYSTEM STILL IN PLACE. THE SECOND BUILDING ENCOMPASSES AN ~3,104 SF TWO-STORY MIXED COMMERCIAL & RESIDENTIAL UNIT THAT IS OWNER-OCCUPIED WITH THE MOTEL'S OFFICE AND POOL FACILITY SITUATED OUT IN FRONT OF THE PROPERTY.
List Price/SqFt: 237.37
Sold Price/SqFt: 213.02

Property Features

Business Type: Commercial; Hotel/Motel; Mixed; Professional Service; Professional/Office Construction Materials: Block; Concrete Cooling: Central Air; Wall/Window Unit(s); Other Current Use: Hotel/Motel Electric: 200+ Amp Service Heating: Central; Other Road Frontage Type: City Street; Highway; Other Sale Includes: Building & Land Security Features: Fire Sprinkler System Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters Water Source: Public

Contract Information

Listing Contract Date: 2022-08-29
Property Sub Type: Business

Location Tax and Legal

Street Number: 1161-1199
Street Direction Prefix: N
Street Name: Dixie Fwy
County: Volusia
State: FL
Postal Code: 32168
MLS Area Major: 70 - New Smyrna Beach E of 95

Status Change Information

Major Change Timestamp: 2023-05-23T15:44:25Z
Major Change Type: Status Change
Purchase Contract Date: 2022-12-05
Close Date: 2023-05-23
Close Price: 1750000

Building Features

Ceiling Eve Height: 7 - 10 Feet High
Maximum Ceiling Height: 8
Vac Off/Retail SqFt: 175

More Information

Historical Information

Public Historical Remarks 1: Zoning (Text): B-3 HWY BUS SERV; Bldg Type/Location: Free Standing; # Parking: 28; Included in Sale: Signs - Owned; Meters: # Electric Meters: 2, # Water Meters: 1; Parking: Lighted, Paved; SqFt: Max Area: 8215; SqFt - Total: 8215.00; Site Improvements: Curb/Sidewalks, Waterview; Confidential Listing: N; Highway Access: US HWY 1; Road Frontage: 300.00; Depth: 157.00; Financial Package: No; Franchise Opt In: No; Current # Tenant: 0.0000

Location, Tax, and Legal

Country: US
Parcel Number: 7438-01-00-0070
Tax Annual Amount: 6737
Tax Year: 2021
Tax Legal Description: Lots 7 & 8, less R/W for U.S. Highway No.1, of HOWARD SUBDIVISION, according to plat thereof, recorded in Map Book 11, PG 150 & Lot 9, of HOWARD SUBDIVISION, according to plat thereof, recorded in Map Book 11, Page 150, less R/W in Book 32, Page 189 and O.R. Book 47, PG 228 of the PRVCF
Zoning Description: Other

Currently Not Used

Year Built: 1949

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes
Other: Yes

Current Use

Hotel/Motel: Yes

Electric

200+ Amp Service: Yes

Heating

Central: Yes
Other: Yes

Road Frontage Type

City Street: Yes
Highway: Yes
Other: Yes

Security Features

Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Utilities

Separate Electric Meters: Yes
Separate Water Meters: Yes

Water Source

Public: Yes

Business Type

Commercial: Yes
Hotel/Motel: Yes
Mixed: Yes
Professional Service: Yes
Professional/Office: Yes

Sale Includes

Building & Land: Yes

Listing Office: NSB Homes LLC

Last Updated: September - 28 - 2024

Information deemed reliable but not guaranteed.

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