3418 S ATLANTIC Avenue, Daytona Beach Shores, FL 32118
$950,000
Property Type:
Commercial Sale
Square Footage:
2,794
Status:
Closed
Current Price:
$950,000
List Date:
11/11/2016
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1022516
General Property Information
- Building Area Total
- 2794
- Year Built
- 1989
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Public Remarks
- Absolute NNN National Chain Restaurant Investment Property. 7% CAP Rate bsed on last 3 years with Corporate Guarantee and base rent plus %. Excellent location with high traffic count of 13,000 AADT. Highly visible on A1A; the beachside commercial artery. This location has been Burger King for over 25 years. Property underwent a $250K renovation in 2008. Full info package available. OPERATING BUSINESS - DO NOT DISTURB EMPLOYEES - SHOWN BY APPOINTMENT ONLY DO NOT DISTURB EMPLOYEES - SHOWN BY APPOINTMENT ONLY
- Lot Size Dimensions
- 150x130
- List Price/SqFt
- 366.86
- Sold Price/SqFt
- 340.01
Property Features
Business Type:
Commercial; Restaurant; Retail
Construction Materials:
Block; Concrete
Current Use:
Retail
Road Frontage Type:
Other
Roof:
Metal
Sale Includes:
Building & Land
Contract Information
- Listing Contract Date
- 2016-11-11
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 3418
- 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
- 2017-05-11T19:23:52Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2017-02-08T17:53:31Z
- Purchase Contract Date
- 2017-03-06
- Close Date
- 2017-05-10
- Close Price
- 950000
Historical Information
- Public Historical Remarks 1
- Zoning (Text): GC-1; Bldg Type/Location: Free Standing; Parking: Paved; SqFt - Total: 2794.00; Confidential Listing: N; Road Frontage: 150.00; Franchise Opt In: No
More Information
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5335-03-06-0050
- Tax Annual Amount
- 8729
- Tax Year
- 2015
- Tax Legal Description
- LOTS 4 5 & 6 BLK F PORT ORANGE BEACH MB 4 PG 130 OR MB 15 PG 64 EXC E 20 FT IN A1A PER OR 3278 PG 0447 PER OR 6364 PG 4801
Currently Not Used
- Year Built
- 1989
Construction Materials
- Block
- Yes
- Concrete
- Yes
Current Use
- Retail
- Yes
Road Frontage Type
- Other
- Yes
Roof
- Metal
- Yes
Business Type
- Commercial
- Yes
- Restaurant
- Yes
- Retail
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Realty Pros Commercial
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.