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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

Overview

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.

Listing Details MLS# 1036284

General Property Information

Number Of Units Total
19
Building Area Total
6696
Year Built
1954
Lot Size Dimensions
100x205
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.
List Price/SqFt
209.08
Sold Price/SqFt
171.74

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

Contract Information

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

Status Change Information

Major Change Timestamp
2018-04-03T18:43:13Z
Major Change Type
Status Change
Contingent Date
2018-02-21
Purchase Contract Date
2018-02-12
Close Date
2018-04-02
Close Price
1150000

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

More Information

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

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Hotel/Motel
Yes

Road Frontage Type

City Street
Yes

Sewer

Public Sewer
Yes

Utilities

Separate Electric Meters
Yes

Water Source

Public
Yes

Building Features

Private Restroom
Yes

Business Type

Commercial
Yes
Hotel/Motel
Yes

Sale Includes

Building & Land
Yes
Listing Office: 1st Florida Realty LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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