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1306 N Atlantic Avenue, Daytona Beach, FL 32118

$2,000,000
Property Type: Commercial Sale Square Footage: 16,905 Status: Closed
Current Price: $2,000,000 List Date: 11/08/2013 Last Modified: 9/28/2024

Overview

Description

LOCATION!! LOCATION!! LOCATION!!40 UNIT OCEANFRONT MOTEL SITTING DIRECTLY ON WORLD FAMOUS DAYTONA BEACH.WITH 4 STORIES,32 EFFICENCIES,8 REGULAR ROOMS,AND HEATED POOL LOCATED ON THE SOUTSIDE OF A BEACH APPROACH THE VALUE JUST KEEPS STACKING UP!WITH THE SEVERAL NEW LARGE CONDO/HOTELS PROJECTS UNDERWAY IN DAYTONA INCLUDING A HARD ROCK CAFE,IT MAY BE THE BEST TIME TO AQUIRE AN OCEANFRONT PROPERTY AT AFFORDABLE PRICES!!PLEASE DO NOT DISTURB THE STAFF OR GUESTS.PRICED TO SELL SO YOU BETTER HURRY!!!!!!

Listing Details MLS# 551254

General Property Information

Number Of Units Total
40
Building Area Total
16905
Year Built
1959
Lot Size Dimensions
89x287
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Directions
From Granada go south on A1A to Daytona Beach.Property on left 1306
Public Remarks
LOCATION!! LOCATION!! LOCATION!!40 UNIT OCEANFRONT MOTEL SITTING DIRECTLY ON WORLD FAMOUS DAYTONA BEACH.WITH 4 STORIES,32 EFFICENCIES,8 REGULAR ROOMS,AND HEATED POOL LOCATED ON THE SOUTSIDE OF A BEACH APPROACH THE VALUE JUST KEEPS STACKING UP!WITH THE SEVERAL NEW LARGE CONDO/HOTELS PROJECTS UNDERWAY IN DAYTONA INCLUDING A HARD ROCK CAFE,IT MAY BE THE BEST TIME TO AQUIRE AN OCEANFRONT PROPERTY AT AFFORDABLE PRICES!!PLEASE DO NOT DISTURB THE STAFF OR GUESTS.PRICED TO SELL SO YOU BETTER HURRY!!!!!!
List Price/SqFt
136.05
Sold Price/SqFt
118.31

Property Features

Building Features: Elevator; Private Restroom; Public Restroom Business Type: Hotel/Motel Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Hotel/Motel Heating: Central; Natural Gas Road Frontage Type: State Road; Other Roof: Tar/Gravel; Other Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2013-11-05
Property Sub Type
Business

Location Tax and Legal

Street Number
1306
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
2014-01-31T01:40:51Z
Major Change Type
Status Change
Contingent Date
2013-11-25
Close Date
2014-01-30
Close Price
2000000

Income and Expenses

Gross Income
480000

More Information

Historical Information

Public Historical Remarks 1
Zoning (Text): T1; Bldg Type/Location: Free Standing; Included in Sale: Business Name, Good Will, License, Signs - Owned; Parking: Paved; SqFt - Total: 25543.00; Site Improvements: Pole Sign; Confidential Listing: N; Road Frontage: 89.00; Depth: 287.00; Commercial Property Name: Cove Motel; Financial Package: Yes; Franchise Opt In: Yes

Location, Tax, and Legal

Country
US
Parcel Number
423605010050
Tax Annual Amount
18680.2
Tax Year
2013
Tax Legal Description
LOTS 5 & 6 BLK 1 SEABREEZE PARK EXC TRI PARCEL IN A1A BEING13 FT ON N/L & 12 FT ON W/L PER OR 4890 PG 3917

Currently Not Used

Year Built
1959

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Hotel/Motel
Yes

Heating

Central
Yes
Natural Gas
Yes

Road Frontage Type

State Road
Yes
Other
Yes

Roof

Tar/Gravel
Yes
Other
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Building Features

Elevator
Yes
Private Restroom
Yes
Public Restroom
Yes

Business Type

Hotel/Motel
Yes

Sale Includes

Building & Land
Yes
Listing Office: Hart Pro Realty
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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