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1412 S Atlantic Avenue, Daytona Beach, FL 32118

$575,000
Property Type: Commercial Sale Square Footage: 5,839 Status: Closed
Current Price: $575,000 List Date: 10/12/2011 Last Modified: 9/28/2024

Description

24 unit motel located in world famous Daytona Beach with unobstructed views of the Ocean. Great investment opportunity. Seller is motivated.

More Information MLS# 524090

General Property Information

Number Of Units Total: 24 Association YN: No Water Body Access YN: No Waterfront YN: No Directions: FROM SILVER BEACH AVE GO SOUTH ON ATLANTIC AVE (A1A) TO SW CORNER OF TEMKO TERR & ATLANTIC AVE Public Remarks: 24 unit motel located in world famous Daytona Beach with unobstructed views of the Ocean. Great investment opportunity. Seller is motivated. Building Area Total: 5839 Lot Size Dimensions: 22380 List Price/SqFt: 136.99 Sold Price/SqFt: 98.48 Year Built: 1952

Location, Tax, and Legal

Country: US Parcel Number: 530941000190 Tax Annual Amount: 7558.78 Tax Year: 2010 Tax Legal Description: 9 15 33 Lot 19 To 22 Inc Temko Sub & Including N 50 Ft Of E 150 Ft Of Plot 1 W Of Atlantic Ave Sub Of Lot 4 9 15 33 Per Or 3932 Pg 1235 Per Or 5591 Pgs 1948-1949

Currently Not Used

Year Built: 1952

Status Change Information

Contingent Date: 2012-11-05 Major Change Timestamp: 2012-11-21T01:40:17Z Major Change Type: Status Change Close Date: 2012-11-20 Close Price: 575000

Construction Materials

Block: 1 Concrete: 1

Cooling

Wall/Window Unit(s): 1

Current Use

Hotel/Motel: 1

Electric

200+ Amp Service: 1

Income and Expenses

Gross Income: 198720

Road Frontage Type

State Road: 1

Roof

Tar/Gravel: 1

Sewer

Public Sewer: 1

Utilities

Natural Gas Available: 1 Separate Electric Meters: 1 Separate Water Meters: 1

Water Source

Public: 1

Building Features

Vac Mfg SqFt: 1 Vac Off/Retail SqFt: 2 Vac Warehouse SqFt: 1

Business Type

Bar/Tavern/Lounge: 1 Hotel/Motel: 1 Restaurant: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): T-3; Included in Sale: Business Name, Good Will; Meters: # Electric Meters: 1, # Water Meters: 1; Parking: Lighted, Paved; SqFt: Manufacturing Rate SqFt: 1, Office Rate/SqFt: 1, Retail Rate SqFt: 1, Warehouse Rate SqFt: 1; Site Improvements: Curb/Sidewalks, Outbuilding, Waterview; Confidential Listing: N; Commercial Property Name: Pleasure Isle Motel; Financial Package: No; Franchise Opt In: No

Contract Information

Current Price: $575,000 Sold Price: $575,000 Status: Closed Listing Contract Date: 2011-10-09 Property Sub Type: Business

Location Tax and Legal

Street Number: 1412 Street Direction Prefix: S Street Name: Atlantic Street Suffix: Avenue County: Volusia State: FL Postal Code: 32118 MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver

Property Features

Business Type: Bar/Tavern/Lounge; Hotel/Motel; Restaurant Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Current Use: Hotel/Motel Electric: 200+ Amp Service Road Frontage Type: State Road Roof: Tar/Gravel Sale Includes: Building & Land Sewer: Public Sewer Utilities: Natural Gas Available; Separate Electric Meters; Separate Water Meters Water Source: Public
Listing Office: New Edge Realty
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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