$1,360,000
$1,495,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
1411 S Atlantic AVE New Smyrna Beach, FL 32169
2,448 SqFt
Key Details
Sold Price $1,360,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $555
Subdivision New Smyrna Beach
MLS Listing ID NS1062932
Sold Date 09/07/22
HOA Y/N No
Originating Board New Smyrna Beach Board of Realtors
Year Built 1950
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 116x97
Property Sub-Type Other
Property Description
Unique Opportunity that won't last long! This is the only Property Zoned “B-4 General Commercial Classification” that is only 150 feet from the beach (5th Ave. Dune Walkover)! Located on the tri-corner lot directly on A1A. The bus stop is located in front of the property, so no need to use the car! Currently a multi-family income producing property year round with 5 Units. This is the perfect place to build an amazing business. Either live in one unit and rent out the rest (either short-term and/or long term), or build your dream business (Bed & breakfast, Restaurant, Bar, Retail Store, Art Studio, School, Professional Office, You Choose!). To put an example: for a short-term rental opportunity, the property can generate easily $130,000 a year ($500 per week x 5 units x 52 weeks). The property has a new air conditioner, new roof, new electric. Also it includes appliances (Stoves, Microwaves, Refrigerators), Fixtures (Ceiling Fans), Commercial coin-operated washer & dryer for tenants.
Amazing location! Walking/ Biking distance to Publix Grocery Store, Restaurants/Bars, Retail Shops, Banks, Theater's, Pharmacies, Entertainment, and the Trendy Historic Downtown Flagler Ave. District. New Smyrna Beach is where the Great Beach Life and Nightlife takes place all year round!
Don't hesitate with this great opportunity! Please, don't disturb the tenants. Contact the Listing Agent for appointments or schedule a virtual showing as soon as possible! ;Water: City
Location
State FL
County Volusia
Community New Smyrna Beach
Zoning B-4
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features On Street
Roof Type Other,Shingle
Building
Lot Description City Limits
Entry Level Two
Sewer Public Sewer
Water See Remarks
Structure Type Concrete
Others
Special Listing Condition None
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Bought with NEW SMYRNA BEACH BOARD OF REAL
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