315 Live Oak Street, New Smyrna Beach, FL 32168
$1,600,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$1,600,000
List Date:
5/14/2021
Last Modified:
9/28/2024
Description
Look no further for the perfect property situated on one of the best, most visible locations in all of New Smyrna Beach! No matter what you are looking for these buildings most likely have it already or can be adjusted to fit your needs. It is not very often you find a property like this that offers an already in-place income producing section that in most cases would cover the mortgage for the entire property (which includes a total of 3 separate buildings). All are sitting on approx 1 acre of PRIME real estate with nearly 100 ft frontage on State Road 44 and approx 160 foot frontage on Live Oak Street. This is a key intersection at the base of the main bridge for access to the beach and located directly across from the primary Hospital in NSB.
Supplements: The income property is currently a premier AirBNB rental that grosses between $5,000 to $7,000 or more per month. The rental property is the only AirBNB Plus in all of Volusia, Flagler, and Brevard counties Both commercial properties and COMPLETELY restored as of 2018The home has been completely renovated to the highest quality with a resort style self-cleaning saltwater pool and relaxing cabana area. Once you enter the private gates it's as if you walked into an island oasis. There are two main commercial frontage buildings that have been completely remodeled with precision and care for every detail. These iconic and historic buildings offer original hardwood floors and a variety of private offices and/or rooms. The area between these two buildings is covered and includes a huge sitting/entertaining area for gatherings, complete with a custom natural gas Fire feature and water fountain and a natural gas fire pit. There is more than ample parking to accommodate the properties variety of options! All information is intended to be accurate but is not guaranteed.
More Information MLS# 1083883
General Property Information
Lot Size Acres: 0.49
Number Of Units Total: 3
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Public Remarks: Look no further for the perfect property situated on one of the best, most visible locations in all of New Smyrna Beach! No matter what you are looking for these buildings most likely have it already or can be adjusted to fit your needs. It is not very often you find a property like this that offers an already in-place income producing section that in most cases would cover the mortgage for the entire property (which includes a total of 3 separate buildings). All are sitting on approx 1 acre of PRIME real estate with nearly 100 ft frontage on State Road 44 and approx 160 foot frontage on Live Oak Street. This is a key intersection at the base of the main bridge for access to the beach and located directly across from the primary Hospital in NSB.
Lot Size Dimensions: 50x50
Year Built: 1923
Location, Tax, and Legal
Country: US
Parcel Number: 7441-38-10-1470
Tax Annual Amount: 10741
Tax Year: 2020
Tax Legal Description: LOT 146 EXC W 100 FT & LOT 147 & W 2/3 OF LOTS 148 149 & 150 BLK 10 ANDREWS NEW SMYRNA MB 2 PG 68 EXC CORNER WIDENING PER OR 4666 PGS 0453-0454 7 PER OR 5393 PG 1304 PER OR 6322 PG 0003 PER OR 6701 PG 0704 PER OR 6866 PG 1381 PER OR 7042 PG 2750 PER OR 7422 PG 1403
Zoning Description: Other
Currently Not Used
Year Built: 1923
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Multi Units: 1
Zoned: 1
Current Use
Commercial: 1
Hotel/Motel: 1
Mixed Use: 1
Multi-Family: 1
Retail: 1
Heating
Central: 1
Varies by Unit: 1
Road Frontage Type
City Street: 1
Highway: 1
Other: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Building Features
Private Restroom: 1
Showroom: 1
Business Type
Bar/Tavern/Lounge: 1
Commercial: 1
Education/School: 1
Hotel/Motel: 1
Manufacturing: 1
Mixed: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Retail: 1
Other: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: # Parking: 12; SqFt: Occupied SqFt: 3650; Confidential Listing: N; Highway Access: yes; Road Frontage: 100.00; Depth: 165.00; Franchise Opt In: No
Contract Information
Current Price: $1,600,000
Sold Price: $1,600,000
Status: Closed
Listing Contract Date: 2021-05-12
Property Sub Type: Business
Location Tax and Legal
Street Number: 315
Street Name: Live Oak
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32168
MLS Area Major: 70 - New Smyrna Beach E of 95
Status Change Information
Major Change Timestamp: 2021-10-18T20:59:33Z
Major Change Type: Status Change
Purchase Contract Date: 2021-05-14
Close Date: 2021-10-18
Close Price: 1600000
Property Features
Building Features: Private Restroom; Showroom
Business Type: Bar/Tavern/Lounge; Commercial; Education/School; Hotel/Motel; Manufacturing; Mixed; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other
Construction Materials: Block; Brick; Concrete; Frame; Stucco
Cooling: Central Air; Multi Units; Zoned
Current Use: Commercial; Hotel/Motel; Mixed Use; Multi-Family; Retail
Heating: Central; Varies by Unit
Road Frontage Type: City Street; Highway; Other
Roof: Metal
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
EXIT Real Estate Property Solutions
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.