1227 N Atlantic Avenue, Daytona Beach, FL 32118
$719,000
Property Type:
Commercial Sale
Square Footage:
5,295
Lot Size (sq. ft.):
16,553
Status:
Closed
Current Price:
$719,000
List Date:
11/08/2019
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1064287
General Property Information
- Building Area Total
- 5295
- Year Built
- 1954
- Lot Size Acres
- 0.38
- Lot Size Dimensions
- 116x142
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Public Remarks
- INVESTMENT OPPORTUNITY! Here is an opportunity to own a 12 unit motel on A1A across the street from the world's most famous beach! At 100% occupancy and being run by a property management company, these units/rooms are being rented out on a weekly basis. Contact us for more information about the property as well as to schedule a tour.
- List Price/SqFt
- 146.36
- Sold Price/SqFt
- 135.79
Property Features
Business Type:
Hotel/Motel
Construction Materials:
Block; Concrete
Cooling:
Wall/Window Unit(s)
Current Use:
Hotel/Motel
Sale Includes:
Building & Land
Contract Information
- Listing Contract Date
- 2019-11-07
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1227
- Street Direction Prefix
- N
- Street Name
- Atlantic
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32118
- MLS Area Major
- 15 - Daytona Peninsula N of Seabreeze
Status Change Information
- Major Change Timestamp
- 2020-01-08T14:24:29Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2019-11-13T15:39:43Z
- Contingent Date
- 2019-11-13
- Purchase Contract Date
- 2019-11-13
- Close Date
- 2019-12-20
- Close Price
- 719000
Income and Expenses
- Net Operating Income
- 130000
More Information
Historical Information
- Public Historical Remarks 1
- Financing: Assumable Unrestricted; Income/Operating Inc: NOI: 130000; Included in Sale: Signs - Owned; Confidential Listing: N; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 4236-09-02-0320
- Tax Annual Amount
- 8572
- Tax Year
- 2018
- Tax Legal Description
- N 116 FT OF S 2085 FT OF E 170 FT OF LOT B SEABREEZE GOLF COURSE SUB MB 11 PG 99 EXC PART IN A1A PER OR 4902 PG 3908 PER OR 5375 PG 3247 PER OR 5918 PG 1723 PER OR 6956 PG 0356
Currently Not Used
- Year Built
- 1954
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Current Use
- Hotel/Motel
- Yes
Business Type
- Hotel/Motel
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
EXP Realty, LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.