2240 S Atlantic Avenue, Daytona Beach Shores, FL 32118
$1,100,000
Property Type:
Commercial Sale
Square Footage:
4,471
Lot Size (sq. ft.):
22,216
Status:
Closed
Current Price:
$1,100,000
List Date:
9/27/2021
Last Modified:
9/28/2024
Description
Excellent investment property in Daytona Beach Shores, Fl. This 12 unit motel offers 5 rooms with 2 double beds, full kitchens including full size gas stove, fridge, TV, microwave and extra counter space. 6 rooms with 2 double beds, mini-fridge, microwave, and TV. 1 room with 1 king size bed, mini-fridge, microwave, and tv. In addition, there is an office with 1 bedroom suite with full kitchen and bath. NEW ROOF COMING SOON.
Owner will consider financing with $400,000 down.
More Information MLS# 1074588
General Property Information
Lot Size Acres: 0.51
Number Of Units Total: 13
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: North on Atlantic Ave from Dunlawton. Property on West side of Atlantic
Public Remarks: Excellent investment property in Daytona Beach Shores, Fl. This 12 unit motel offers 5 rooms with 2 double beds, full kitchens including full size gas stove, fridge, TV, microwave and extra counter space. 6 rooms with 2 double beds, mini-fridge, microwave, and TV. 1 room with 1 king size bed, mini-fridge, microwave, and tv. In addition, there is an office with 1 bedroom suite with full kitchen and bath. NEW ROOF COMING SOON.
Owner will consider financing with $400,000 down.
Building Area Total: 4471
List Price/SqFt: 290.76
Sold Price/SqFt: 246.03
Year Built: 1952
Location, Tax, and Legal
Country: US
Parcel Number: 5322-01-00-0057
Tax Annual Amount: 4378
Tax Year: 2019
Tax Legal Description: E 184.5 FT MEAS ON S/L OF LOT 5 W OF ATLANTIC AVE & E 140 FT MEAS ON N/L OF S 20 FT OF LOT 4 W OF ATLANTIC AVE C N MORRIS SUB EXC PART IN R/W PER OR 3728 PGS 2387
Currently Not Used
Year Built: 1952
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Hotel/Motel: 1
Income and Expenses
Gross Income: 137295
Listing Terms
Other: 1
Road Frontage Type
City Street: 1
Other: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 7 - 10 Feet High
Kitchen Facilities: 1
Private Restroom: 1
Business Type
Commercial: 1
Hotel/Motel: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Bldg Type/Location: Free Standing; # Parking: 12; Included in Sale: Business Name, Good Will, Signs - Owned; Parking: Paved; Confidential Listing: N; Road Frontage: 132.00; Commercial Property Name: Shore Winds Motel; Franchise Opt In: Yes
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2020-08-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 2240
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: 2022-04-19T14:30:42Z
Major Change Type: Status Change
Price Change Timestamp: 2021-04-22T15:46:31Z
Purchase Contract Date: 2021-12-19
Close Date: 2022-04-18
Close Price: 1100000
Property Features
Building Features: Kitchen Facilities; Private Restroom
Business Type: Commercial; Hotel/Motel
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Current Use: Hotel/Motel
Listing Terms: Other
Road Frontage Type: City Street; Other
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
Realty Pros Assured
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.