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601 S Central Avenue, Flagler Beach, FL 32136

$725,000
Property Type: Commercial Sale Square Footage: 5,384 Status: Closed
Current Price: $725,000 List Date: 10/23/2017 Last Modified: 9/28/2024

Description

This Property boasts significant charm & income potential! It is located in the heart of Flagler Beach within walking distance to dozens of restaurants, the Flagler Pier, Farmers Market, Veterans Park, art galleries and more. The pet-friendly beach is one block away with unobstructed views of the ocean. The site consists of two buildings. The first is a small single family residence with an attached, workshop/ laundry/ storage building as well a small management office. The residence has a kitchen, dining room, living room, two bedrooms and one full bath. The second structure is a two story apartment building which has three apartments and an oversized two car garage. Apartments B (second story) & C (first story) are both 2 BR/2 full BA units with ocean views and jacuzzi soaking tubs.

Supplements: tubs. Apartment A (upstairs) is a 2 bedroom, 1 full and 1 half bath unit. All three apartments have their own interior washer and dryers, ample sized rooms and kitchens with plenty of cupboard and counter space. The entire apartment building was constructed in 2015 and all appliances, fixtures, lighting and surfaces show like new. Apartments A & B have balconies on which to sit and enjoy the cool ocean breezes. At the center of the site sits and large fountain ringed with cafe tables, chairs, umbrellas and a variety of plants which lends a private park feeling for all residents to enjoy. In addition to the large 2 car garage, there are 8+ outdoor parking spaces. The stand-alone residential cottage has new roof less than a year old, updated plumbing (2014) and brand new AC. Although the owners currently pay for all water, tenants included, there is a separate meter for the apartment building as well as another for garden irrigation. This is truly a rare gem given the fantastic location and the love and attention the current owners have bestowed upon it.

More Information MLS# 1035102

General Property Information

Number Of Units Total: 4 Water Body Access YN: No Waterfront YN: No Directions: North on Ocean Shore Blvd. Property is located between 6th and 7th Street. Public Remarks: This Property boasts significant charm & income potential! It is located in the heart of Flagler Beach within walking distance to dozens of restaurants, the Flagler Pier, Farmers Market, Veterans Park, art galleries and more. The pet-friendly beach is one block away with unobstructed views of the ocean. The site consists of two buildings. The first is a small single family residence with an attached, workshop/ laundry/ storage building as well a small management office. The residence has a kitchen, dining room, living room, two bedrooms and one full bath. The second structure is a two story apartment building which has three apartments and an oversized two car garage. Apartments B (second story) & C (first story) are both 2 BR/2 full BA units with ocean views and jacuzzi soaking tubs. Building Area Total: 5384 Lot Size Dimensions: .23 acre List Price/SqFt: 157.86 Sold Price/SqFt: 134.66 Year Built: 1960

Location, Tax, and Legal

Country: US Parcel Number: 1212314500001300040 Tax Annual Amount: 5378.41 Tax Year: 2016 Tax Legal Description: GEORGE MOODY SUB BL 13 LTS 4-5 OR 47 PG 447 IR 54 PG 657 OR 55 PG 431 OR 73 PG 51 OR 115 PG 526 OR 123 OG 120 OR 145 PG 462 OR 255 PG 452 OR 306 PG 935 OR 417 PG 943 OR 595 PG 788 OR 2001/289 2004/173

Currently Not Used

Year Built: 1960

Status Change Information

Contingent Date: 2018-04-20 Major Change Timestamp: 2018-11-09T18:01:15Z Major Change Type: Status Change Purchase Contract Date: 2018-04-20 Close Date: 2018-11-08 Close Price: 725000

Cooling

Central Air: 1

Current Use

Commercial: 1 Multi-Family: 1

Heating

Central: 1

Sewer

Public Sewer: 1

Utilities

Separate Electric Meters: 1 Separate Water Meters: 1

Business Type

Commercial: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: # Parking: 8; Meters: # Electric Meters: 4, # Water Meters: 1; SqFt - Total: 3566.00; Confidential Listing: N; Homestead Exempt: Yes; Franchise Opt In: No; Current # Tenant: 3.0000

Contract Information

Current Price: $725,000 Sold Price: $725,000 Status: Closed Listing Contract Date: 2017-10-23 Property Sub Type: Business

Location Tax and Legal

Street Number: 601 Street Direction Prefix: S Street Name: Central Street Suffix: Avenue County: Volusia State: FL Postal Code: 32136 MLS Area Major: 50 - Flagler Beach

Property Features

Business Type: Commercial Cooling: Central Air Current Use: Commercial; Multi-Family Heating: Central Sale Includes: Building & Land Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters
Listing Office: Realty Pros Assured
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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