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1411 S Atlantic Avenue

New Smyrna Beach, FL 32169
  • $1,495,000
  • STATUS: Active
  • ON SITE: 418 Days
  • MLS #: 1062932
UPDATED: 62 min ago
$1,495,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

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!

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© 2022 New Smyrna Beach Board of REALTORS® MLS, Inc. All rights reserved. “The data relating to real estate for sale/lease on this web site comes in part from the New Smyrna Beach Board of REALTORS® Multiple Listing Service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with the Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with the MLS IDX logo. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein or for their use or interpretation by the user. Federal law prohibits discrimination on the basis of race, color, sex, religion, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-18T14:34:29.72.
www.realestateportorange.com/homes/115459749
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1411 S Atlantic Avenue New Smyrna Beach, FL 32169

  • Price: $1,495,000
  • Status: Active
  • On Site: 418 Days
  • Updated: 62 min ago
  • MLS #: 1062932
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1950
Built
Neighborhood:
Bchsde South:3Rd Ave-County
County:
Volusia
Area:
Bchsde South:3Rd Ave-County
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!
Exterior Features

Construction Materials BlockConcrete Levels Two Parking Features On Street Road Surface Type AsphaltDirt Roof AsphaltShingle View Water

Interior Features

Building Area Total 2448 Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Business Type Residential Electric Circuit Breakers Lease Considered YN No Lot Size Dimensions 116X97 Number Of Separate Electric Meters 5 Possible Use Hotel/MotelOtherRestaurantServiceSee Remarks Property Sub Type Commercial Sewer Public Sewer Special Listing Conditions Listed As-IsNone Water Source Public Zoning Description B-4

Listing courtesy of Collado Real Estate.


© 2022 New Smyrna Beach Board of REALTORS® MLS, Inc. All rights reserved. “The data relating to real estate for sale/lease on this web site comes in part from the New Smyrna Beach Board of REALTORS® Multiple Listing Service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with the Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with the MLS IDX logo. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein or for their use or interpretation by the user. Federal law prohibits discrimination on the basis of race, color, sex, religion, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-18T14:34:29.72.
 
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