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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

Overview

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 ...

Listing Details MLS# 1083883

General Property Information

Number Of Units Total
3
Year Built
1923
Lot Size Acres
0.49
Lot Size Dimensions
50x50
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.

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

Contract Information

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

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

More Information

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
Yes
Brick
Yes
Concrete
Yes
Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes
Multi Units
Yes
Zoned
Yes

Current Use

Commercial
Yes
Hotel/Motel
Yes
Mixed Use
Yes
Multi-Family
Yes
Retail
Yes

Heating

Central
Yes
Varies by Unit
Yes

Road Frontage Type

City Street
Yes
Highway
Yes
Other
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Building Features

Private Restroom
Yes
Showroom
Yes

Business Type

Bar/Tavern/Lounge
Yes
Commercial
Yes
Education/School
Yes
Hotel/Motel
Yes
Manufacturing
Yes
Mixed
Yes
Professional Service
Yes
Professional/Office
Yes
Recreation
Yes
Restaurant
Yes
Retail
Yes
Other
Yes

Sale Includes

Building & Land
Yes
Listing Office: EXIT Real Estate Property Solutions
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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