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205 E Boston Road, Edgewater, FL 32141

$840,000
Property Type: Commercial Sale Square Footage: 2,324 Lot Size (sq. ft.): 22,216 Status: Closed
Current Price: $840,000 List Date: 3/17/2023 Last Modified: 9/28/2024

Overview

Description

Commercially zoned half acre property with 129' on the Intracoastal with deep water dock and boat shed offering the ability to redevelop into a boutique hotel, mini-marina or new home with rental units. The upstairs features 3 bedrooms 2 baths. The 2 bedroom, 1 bath apartment on the first level was livable until most recent flooding and after repairs from prior flooding. Large salt pool not in use but had new pump and filter replaced in 2022. Electric was redone is 2022. There are 3 electric meters and the zoning is ideal for B&B or income property. Known as the Seven Mile Fish Camp, City of Edgewater Merchant/Retail Business Tax Receipt and Commercial Certificate of Use are both up to date. B-4 Tourist Commercial Zoning is intended for short term waterfront accommodations and

Supplements: includes residential mixed-use. Permitted uses include Bed and Breakfast, Hotel/Motel, Marina and more.

Listing Details MLS# 1106968

General Property Information

Building Area Total
2324
Year Built
1950
Lot Size Acres
0.51
Lot Size Dimensions
129x77x129x163
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
From Canal Street and Riverside Drive head south on Riverside Dr for appx 4.8 miles. Left on E Boston Rd.
Public Remarks
Commercially zoned half acre property with 129' on the Intracoastal with deep water dock and boat shed offering the ability to redevelop into a boutique hotel, mini-marina or new home with rental units. The upstairs features 3 bedrooms 2 baths. The 2 bedroom, 1 bath apartment on the first level was livable until most recent flooding and after repairs from prior flooding. Large salt pool not in use but had new pump and filter replaced in 2022. Electric was redone is 2022. There are 3 electric meters and the zoning is ideal for B&B or income property. Known as the Seven Mile Fish Camp, City of Edgewater Merchant/Retail Business Tax Receipt and Commercial Certificate of Use are both up to date. B-4 Tourist Commercial Zoning is intended for short term waterfront accommodations and
List Price/SqFt
376.51
Sold Price/SqFt
361.45

Property Features

Business Type: Commercial; Hotel/Motel; Mixed Construction Materials: Frame Current Use: Commercial; Mixed Use; Multi-Family Roof: Shingle Sale Includes: Building & Land Sewer: Public Sewer Utilities: Separate Electric Meters Water Source: Public

Contract Information

Listing Contract Date
2023-03-17
Property Sub Type
Business

Location Tax and Legal

Street Number
205
Street Direction Prefix
E
Street Name
Boston
Street Suffix
Road
County
Volusia
State
FL
Postal Code
32141
MLS Area Major
80 - Edgewater

Status Change Information

Major Change Timestamp
2023-07-20T18:05:08Z
Major Change Type
Status Change
Price Change Timestamp
2023-05-19T19:46:42Z
Contingent Date
2023-06-12
Purchase Contract Date
2023-06-12
Close Date
2023-07-20
Close Price
840000

Building Features

Ceiling Eve Height
7 - 10 Feet High

More Information

Historical Information

Public Historical Remarks 1
Zoning (Text): B4; # Parking: 6; Included in Sale: License; Meters: # Electric Meters: 3; SqFt - Total: 3314.00; Confidential Listing: N; Road Frontage: 163.00; Homestead Exempt: Yes; Franchise Opt In: No

Location, Tax, and Legal

Country
US
Parcel Number
8402-37-01-0080
Tax Annual Amount
5224
Tax Year
2022
Tax Legal Description
LOT 8 EXC W 150 FT & INC ADJ N 1/2 OF VACATED BOSTON RD PER EDGEWATER ORD 2021-R-17 IN OR 8095 PG 4321 BLK 1 RIVEREDGE ACRES MB 9 PG 260 PER OR 3717 PG 3599
Zoning Description
Single Family

Currently Not Used

Year Built
1950

Construction Materials

Frame
Yes

Current Use

Commercial
Yes
Mixed Use
Yes
Multi-Family
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Utilities

Separate Electric Meters
Yes

Water Source

Public
Yes

Business Type

Commercial
Yes
Hotel/Motel
Yes
Mixed
Yes

Sale Includes

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

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