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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

Overview

Description

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

Listing Details MLS# 524090

General Property Information

Number Of Units Total
24
Building Area Total
5839
Year Built
1952
Lot Size Dimensions
22380
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.
List Price/SqFt
136.99
Sold Price/SqFt
98.48

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

Contract Information

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

Status Change Information

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

Building Features

Vac Mfg SqFt
Yes
Vac Off/Retail SqFt
2
Vac Warehouse SqFt
Yes

More Information

Income and Expenses

Gross Income
198720

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

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

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Hotel/Motel
Yes

Electric

200+ Amp Service
Yes

Road Frontage Type

State Road
Yes

Roof

Tar/Gravel
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Available
Yes
Separate Electric Meters
Yes
Separate Water Meters
Yes

Water Source

Public
Yes

Business Type

Bar/Tavern/Lounge
Yes
Hotel/Motel
Yes
Restaurant
Yes

Sale Includes

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

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