2518 S Atlantic Avenue, Daytona Beach Shores, FL 32118
$1,641,000
Property Type:
Commercial Sale
Square Footage:
14,594
Lot Size (sq. ft.):
50,094
Status:
Closed
Current Price:
$1,641,000
List Date:
3/22/2023
Last Modified:
9/28/2024
Description
SUBJECT IS A RETAIL STRIP CENTER THAT WAS BADLY DAMAGED BY TROPICAL STORMS IAN (9-28-22) & NICOLE (11-10-22). THE CENTER MAINTAINS ITS SHELL PORTIONS THAT ARE CONSTRUCTED OF PAINTED/CB WITH A CORRUGATED METAL PANELED ROOF ON STEEL JOISTS INITIALLY WITH 1.5'' THICK INSULATION AND BITUMEN ROLLED (TORCH-DOWN) LAYERING PROTECTING THE ENTIRE ROOFTOP. THE BUILDING STILL HAS ALL ELECTRICAL PANELS IN TACT WITH MOST OF THE PARTITIONED AND DEMISING WALLS REMOVED AND READY TO BE RECONSTRUCTED. EACH OF THE BUILDINGS' FRONT ELEVATIONS CONSIST OF CONCRETE PILLARS SUPPORTING THE UPPER PARAPET WALLS SHIELDING THE ROOF STRUCTURES AND EXTERIOR FRONT CANOPY COVERING AND ITS WALKWAY. THERE IS AMPLE PARKING OUT IN FRONT OF THE CENTER WITH A BACKLIT MONUMENT SIGN OUT BY THE ROAD.
More Information MLS# 1107104
General Property Information
Lot Size Acres: 1.15
Number Of Units Total: 7
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: HEAD NORTH FROM DUNLAWTON AVENUE ~2.8 MILES WITH SUBJECT ON WEST SIDE OF SR A1A.
Public Remarks: SUBJECT IS A RETAIL STRIP CENTER THAT WAS BADLY DAMAGED BY TROPICAL STORMS IAN (9-28-22) & NICOLE (11-10-22). THE CENTER MAINTAINS ITS SHELL PORTIONS THAT ARE CONSTRUCTED OF PAINTED/CB WITH A CORRUGATED METAL PANELED ROOF ON STEEL JOISTS INITIALLY WITH 1.5'' THICK INSULATION AND BITUMEN ROLLED (TORCH-DOWN) LAYERING PROTECTING THE ENTIRE ROOFTOP. THE BUILDING STILL HAS ALL ELECTRICAL PANELS IN TACT WITH MOST OF THE PARTITIONED AND DEMISING WALLS REMOVED AND READY TO BE RECONSTRUCTED. EACH OF THE BUILDINGS' FRONT ELEVATIONS CONSIST OF CONCRETE PILLARS SUPPORTING THE UPPER PARAPET WALLS SHIELDING THE ROOF STRUCTURES AND EXTERIOR FRONT CANOPY COVERING AND ITS WALKWAY. THERE IS AMPLE PARKING OUT IN FRONT OF THE CENTER WITH A BACKLIT MONUMENT SIGN OUT BY THE ROAD.
Building Area Total: 14594
Lot Size Dimensions: 272x200
List Price/SqFt: 130.19
Sold Price/SqFt: 112.44
Year Built: 1974
Location, Tax, and Legal
Country: US
Parcel Number: 5322-01-00-0282
Tax Annual Amount: 9501
Tax Year: 2022
Tax Legal Description: E 200 FT OF LOTS 29 & 30 & E 200 FT OF S 50 FT OF LOT 28 W OF ATLANTIC AVE C N MORRIS SUB PER OR 1963 PG 0605 PER OR 5736 PG 2375
Zoning Description: Retail
Currently Not Used
Year Built: 1974
Status Change Information
Contingent Date: 2023-06-03
Major Change Timestamp: 2023-09-15T16:47:46Z
Major Change Type: Status Change
Purchase Contract Date: 2023-06-03
Close Date: 2023-09-14
Close Price: 1641000
Construction Materials
Block: 1
Concrete: 1
Cooling
None: 1
Current Use
Retail: 1
Shopping Center: 1
Heating
None: 1
Road Frontage Type
City Street: 1
State Road: 1
Other: 1
Roof
Other: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 7 - 10 Feet High
Maximum Ceiling Height: 9
Showroom: 1
Vac Off/Retail SqFt: 14594
Business Type
Commercial: 1
Convenience Store: 1
Education/School: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Location
Shopping Center: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: 4 LANE; Zoning (Text): GC-RD; # Parking: 53; Included in Sale: Signs - Owned; Meters: # Electric Meters: 7, # Water Meters: 7; Parking: Paved; SqFt - Total: 17831.00; Site Improvements: Curb/Sidewalks, Pole Sign; Confidential Listing: N; Highway Access: SR A1A; Road Frontage: 272.00; Depth: 200.00; Financial Package: No; Franchise Opt In: No; Current # Tenant: 0.0000
Contract Information
Current Price: $1,641,000
Sold Price: $1,641,000
Status: Closed
Listing Contract Date: 2023-03-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 2518
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Property Features
Building Features: Showroom
Business Type: Commercial; Convenience Store; Education/School; Professional Service; Professional/Office; Restaurant; Retail
Construction Materials: Block; Concrete
Cooling: None
Current Use: Retail; Shopping Center
Heating: None
Location: Shopping Center
Road Frontage Type: City Street; State Road; Other
Roof: Other
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters; Separate Water Meters
Water Source: Public
Listing Office:
NSB Homes LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.