1411 S Atlantic Avenue, New Smyrna Beach, FL 32169 (MLS# 1058954)

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

Overview

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 ar ... (Read more)

Listing Details MLS# 1058954

General Property Information

Year Built: 1977
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

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

Contract Information

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

Status Change Information

Major Change Timestamp: 2020-02-26T16:08:15Z
Major Change Type: Status Change
Price Change Timestamp: 2019-09-19T15:07:09Z
Contingent Date: 2019-12-03
Purchase Contract Date: 2019-12-03
Close Date: 2020-02-25
Close Price: 654900

Building Features

Ceiling Eve Height: 7 - 10 Feet High
Private Restroom: Yes

More Information

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

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

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes
Hotel/Motel: Yes
Multi-Family: Yes

Heating

Central: Yes

Owner Pays

Cable TV: Yes
Common Area Maintenance: Yes
Electricity: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Pest Control: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Utilities

Separate Electric Meters: Yes
Separate Water Meters: Yes
Sewer Available: Yes

Water Source

Public: Yes

Business Type

Bar/Tavern/Lounge: Yes
Church: Yes
Commercial: Yes
Food & Beverage: Yes
Hotel/Motel: Yes
Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Sale Includes

Building & Land: Yes

Listing Office: Weichert Realtors, Hallmark Properties

Last Updated: September - 28 - 2024

Information deemed reliable but not guaranteed.

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