2518 S Atlantic Avenue, Daytona Beach Shores, FL 32118 (MLS# 1107104)

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

Overview

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.

Listing Details MLS# 1107104

General Property Information

Number Of Units Total: 7
Building Area Total: 14594
Year Built: 1974
Lot Size Acres: 1.15
Lot Size Dimensions: 272x200
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.
List Price/SqFt: 130.19
Sold Price/SqFt: 112.44

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

Contract Information

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

Status Change Information

Major Change Timestamp: 2023-09-15T16:47:46Z
Major Change Type: Status Change
Contingent Date: 2023-06-03
Purchase Contract Date: 2023-06-03
Close Date: 2023-09-14
Close Price: 1641000

Building Features

Ceiling Eve Height: 7 - 10 Feet High
Maximum Ceiling Height: 9
Vac Off/Retail SqFt: 14594
Showroom: Yes

More Information

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

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

Construction Materials

Block: Yes
Concrete: Yes

Cooling

None: Yes

Current Use

Retail: Yes
Shopping Center: Yes

Heating

None: Yes

Road Frontage Type

City Street: Yes
State Road: Yes
Other: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Utilities

Separate Electric Meters: Yes
Separate Water Meters: Yes

Water Source

Public: Yes

Business Type

Commercial: Yes
Convenience Store: Yes
Education/School: Yes
Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Location

Shopping Center: Yes

Sale Includes

Building & Land: Yes

Listing Office: NSB Homes LLC

Last Updated: September - 28 - 2024

Information deemed reliable but not guaranteed.

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