3738 S Atlantic Avenue, Daytona Beach, FL 32118
$1,150,000
Property Type:
Commercial Sale
Square Footage:
6,696
Status:
Closed
Current Price:
$1,150,000
List Date:
11/20/2017
Last Modified:
9/28/2024
Description
This is an excellent opportunity for a redevelopment, as the lot next door is also available which is 100x250. Or keep it as The Famous Shores Motel. There are 5 big projects slated for Daytona Beach. All 19 units are rented consistantly. 11 units have kitchenettes. There is 1 ''penthouse'' that has been totally redone. The motel goes from street to street Cardinal being the street behind the motel. There is a storage unit on sight as well as a pool that is fenced in. This is in desirable Wilber by the Sea, 3 doors down from the pier and Crabby Joes. A 5 min. ride to Ponce Inlet. A beach access is directly across the street.
More Information MLS# 1036284
General Property Information
Number Of Units Total: 19
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: A1A south of Dunlawton just a few doors down from the new parking lot of Crabby Joes. On the right.
Public Remarks: This is an excellent opportunity for a redevelopment, as the lot next door is also available which is 100x250. Or keep it as The Famous Shores Motel. There are 5 big projects slated for Daytona Beach. All 19 units are rented consistantly. 11 units have kitchenettes. There is 1 ''penthouse'' that has been totally redone. The motel goes from street to street Cardinal being the street behind the motel. There is a storage unit on sight as well as a pool that is fenced in. This is in desirable Wilber by the Sea, 3 doors down from the pier and Crabby Joes. A 5 min. ride to Ponce Inlet. A beach access is directly across the street.
Building Area Total: 6696
Lot Size Dimensions: 100x205
List Price/SqFt: 209.08
Sold Price/SqFt: 171.74
Year Built: 1954
Location, Tax, and Legal
Country: US
Parcel Number: 6302-05-08-0180
Tax Annual Amount: 15196
Tax Year: 2016
Tax Legal Description: LOTS 17 & 18 BLK 8 OCEAN VIEW SECHALIFAX ESTS PER OR 5268 PGS 0362-0363 PER OR 6878 PG 0839 PER OR 6955 PG 3341 PER OR 7129 PG 3369
Currently Not Used
Year Built: 1954
Status Change Information
Contingent Date: 2018-02-21
Major Change Timestamp: 2018-04-03T18:43:13Z
Major Change Type: Status Change
Purchase Contract Date: 2018-02-12
Close Date: 2018-04-02
Close Price: 1150000
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Hotel/Motel: 1
Road Frontage Type
City Street: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Water Source
Public: 1
Building Features
Private Restroom: 1
Business Type
Commercial: 1
Hotel/Motel: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: 2 Lane; Zoning (Text): 3900; Bldg Type/Location: Free Standing; Included in Sale: Business Name, Good Will, License, Signs - Owned; Meters: # Electric Meters: 1; Site Improvements: Curb/Sidewalks, Gutters, Outbuilding, Waterview; Utilities at Site: Easement; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 100.00; Depth: 205.00; Commercial Property Name: Famous Shores Motel; Financial Package: No; Franchise Opt In: Yes
Contract Information
Current Price: $1,150,000
Sold Price: $1,150,000
Status: Closed
Listing Contract Date: 2017-11-20
Property Sub Type: Business
Location Tax and Legal
Street Number: 3738
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 12 - S Dunlawton to N Ponce Inlet
Property Features
Building Features: Private Restroom
Business Type: Commercial; Hotel/Motel
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Current Use: Hotel/Motel
Road Frontage Type: City Street
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters
Water Source: Public
Listing Office:
1st Florida Realty LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.