1411 S Atlantic Avenue, New Smyrna Beach, FL 32169
$654,900
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$654,900
List Date:
6/19/2019
Last Modified:
9/28/2024
Description
Five Unit, Multi-Family Income-Producing Property, located on tri-corner (A1-A) frontage lot directly on S Atlantic Ave, 5th Ave. and the South Causeway (HWY 44).
3-1 bedroom units, 2-2 bedroom units, 2nd story porch w/Ocean View, 150 steps to the Ocean (5th Ave. Dune Walkover). 98% Occupancy, Includes appliances (Stoves, Microwaves, Refrigerators) and Fixtures (Ceiling Fans), Has Commercial coin-operated washer & dryer for tenants. New Roof/Electrical.
Zoned B-4 Commercial with great potential for any responsible Commercial use. Fantastic location! Walking distance to Shopping, Restaurants, Theater's, Banking, Pharmacies, and the Trendy Historic Downtown Flagler Ave. District. Income producing Property - All units 98% occupied year-round.
Old Florida style Structure right at the
Supplements: beach. The property is walking distance to the 5th Ave Dune Walkover Directly onto the Beach. Strolling distance to Shopping, Publix Grocery, Banking, Theater's, Health Food, Restaurants, Bars, Bakery, and Entertainment. Walking distance to Historic Flagler Ave with Trendy Shops, Dining, and Nightlife. Great Beach life. The best schools in the area, bus stops right in front to pick up kids. Zoned B-4 Commercial could also be transformed into Condos, Hotel, Restaurant/Bar, Retail Shops, and/or Professional Services.
More Information MLS# 1058954
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: SR44 E TO A1A
Public Remarks: Five Unit, Multi-Family Income-Producing Property, located on tri-corner (A1-A) frontage lot directly on S Atlantic Ave, 5th Ave. and the South Causeway (HWY 44).
3-1 bedroom units, 2-2 bedroom units, 2nd story porch w/Ocean View, 150 steps to the Ocean (5th Ave. Dune Walkover). 98% Occupancy, Includes appliances (Stoves, Microwaves, Refrigerators) and Fixtures (Ceiling Fans), Has Commercial coin-operated washer & dryer for tenants. New Roof/Electrical.
Zoned B-4 Commercial with great potential for any responsible Commercial use. Fantastic location! Walking distance to Shopping, Restaurants, Theater's, Banking, Pharmacies, and the Trendy Historic Downtown Flagler Ave. District. Income producing Property - All units 98% occupied year-round.
Old Florida style Structure right at the
Lot Size Dimensions: 50x200
Year Built: 1977
Location, Tax, and Legal
Country: US
Parcel Number: 7404-10-02-0080
Tax Annual Amount: 5086
Tax Year: 2018
Tax Legal Description: LOT 8 BLK 2 COLIN PARK PER OR 3636 PG 1225 PER OR 5608 PG 489-490
Zoning Description: Other
Currently Not Used
Year Built: 1977
Status Change Information
Contingent Date: 2019-12-03
Major Change Timestamp: 2020-02-26T16:08:15Z
Major Change Type: Status Change
Price Change Timestamp: 2019-09-19T15:07:09Z
Purchase Contract Date: 2019-12-03
Close Date: 2020-02-25
Close Price: 654900
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Hotel/Motel: 1
Multi-Family: 1
Heating
Central: 1
Owner Pays
Cable TV: 1
Common Area Maintenance: 1
Electricity: 1
Grounds Care: 1
HVAC Maintenance: 1
Pest Control: 1
Sewer: 1
Trash Collection: 1
Water: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Available: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 7 - 10 Feet High
Private Restroom: 1
Business Type
Bar/Tavern/Lounge: 1
Church: 1
Commercial: 1
Food & Beverage: 1
Hotel/Motel: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): B4; Bldg Type/Location: Free Standing; Lease Provisions: Less than 1 Year; Meters: # Electric Meters: 4, # Water Meters: 1; Site Improvements: Infrastructure In; Utilities at Site: Single Phase; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 100.00; Depth: 117.00; Franchise Opt In: No; Current # Tenant: 5.0000
Contract Information
Current Price: $654,900
Sold Price: $654,900
Status: Closed
Listing Contract Date: 2019-06-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 1411
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32169
MLS Area Major: 70 - New Smyrna Beach E of 95
Property Features
Building Features: Private Restroom
Business Type: Bar/Tavern/Lounge; Church; Commercial; Food & Beverage; Hotel/Motel; Professional Service; Professional/Office; Restaurant; Retail
Construction Materials: Block; Concrete; Frame
Cooling: Central Air
Current Use: Commercial; Hotel/Motel; Multi-Family
Heating: Central
Owner Pays: Cable TV; Common Area Maintenance; Electricity; Grounds Care; HVAC Maintenance; Pest Control; Sewer; Trash Collection; Water
Sale Includes: Building & Land
Security Features: Fire Alarm; Smoke Detector(s)
Utilities: Separate Electric Meters; Separate Water Meters; Sewer Available
Water Source: Public
Listing Office:
Weichert Realtors, Hallmark Properties
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.