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    Address Not Available By Request

    New Smyrna Beach, FL 32169
    • $1,500,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 1075533
    UPDATED: 173 min ago
    $1,500,000
    • 7
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,372
      SQFT
    • $445
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Rare Beachside Investment Property Opportunity in New Smyrna BeachFive Unit, Multi-Family Income-Producing Property, located on tri-corner (A1-A) frontage lot directly on S Atlantic Ave, 5th Ave. and the South Causeway (HWY 44). 3-1 bedroom units, 2-2 bedroom units, 2nd story porch w/Ocean View, 150 steps to the Ocean (5th Ave. Dune Walkover). 98% Occupancy, Includes appliances (Stoves, Microwaves, Refrigerators) and Fixtures (Ceiling Fans), Has Commercial coin-operated washer & dryer for tenants. New Air Conditioning, New Roof New Electrical. Zoned B-4 Commercial with great potential for any responsible Commercial use. Fantastic location! Walking distance to Shopping, Restaurants, Theater's, Banking, Pharmacies, and the Trendy Historic Downtown Flagler Ave. District.Income producing-All units 98% occupied year-round. Old Florida style Structure right at the beach. Walking distance to the 5th Ave Dune Walkover Directly onto the Beach. Strolling distance to Shopping, Publix Grocery, Banking, Theater's, Health Food, Restaurants, Bars, Bakery, and Entertainment. Walking/Biking distance to Historic Flagler Ave with Trendy Shops, Dining, and Nightlife, or minutes away from the Canal St Business District. Great Beach life. The best schools in the area, bus stops right in front to pick up kids. Property is currently Zoned B-4 Commercial - could also be transformed into Condos, Hotel, Restaurant/Bar, Retail Shops, and/or Professional Services. Could possibly be packaged with 2 sister properties for a large A1-A & Beach Frontage land parcel for a new Business Development project.

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    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-12-05T00:26:57.603.
    www.nicolechapmanre.com/homes/109995578
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    Address Not Available By Request New Smyrna Beach, FL 32169

    • Price: $1,500,000
    • Status: Active
    • Updated: 173 min ago
    • MLS #: 1075533
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,372
    SQFT
    $445
    $/SQFT
    1950
    Built
    Neighborhood:
    Not In Subdivision
    County:
    Volusia
    Area:
    New Smyrna Beach E of 95
    Property Description
    Rare Beachside Investment Property Opportunity in New Smyrna BeachFive Unit, Multi-Family Income-Producing Property, located on tri-corner (A1-A) frontage lot directly on S Atlantic Ave, 5th Ave. and the South Causeway (HWY 44). 3-1 bedroom units, 2-2 bedroom units, 2nd story porch w/Ocean View, 150 steps to the Ocean (5th Ave. Dune Walkover). 98% Occupancy, Includes appliances (Stoves, Microwaves, Refrigerators) and Fixtures (Ceiling Fans), Has Commercial coin-operated washer & dryer for tenants. New Air Conditioning, New Roof New Electrical. Zoned B-4 Commercial with great potential for any responsible Commercial use. Fantastic location! Walking distance to Shopping, Restaurants, Theater's, Banking, Pharmacies, and the Trendy Historic Downtown Flagler Ave. District.Income producing-All units 98% occupied year-round. Old Florida style Structure right at the beach. Walking distance to the 5th Ave Dune Walkover Directly onto the Beach. Strolling distance to Shopping, Publix Grocery, Banking, Theater's, Health Food, Restaurants, Bars, Bakery, and Entertainment. Walking/Biking distance to Historic Flagler Ave with Trendy Shops, Dining, and Nightlife, or minutes away from the Canal St Business District. Great Beach life. The best schools in the area, bus stops right in front to pick up kids. Property is currently Zoned B-4 Commercial - could also be transformed into Condos, Hotel, Restaurant/Bar, Retail Shops, and/or Professional Services. Could possibly be packaged with 2 sister properties for a large A1-A & Beach Frontage land parcel for a new Business Development project.
    Exterior Features

    Building Type Stand Alone Parking On StreetParking Lot Waterfront Ocean View

    Interior Features

    Sq Ft Total 2448.00

    Property Features

    As Is Condition Yes Franchise Opt In Yes Gross Monthly Rent 7200.00 Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A New Builder Home No Other Annual Inc 2100.00 Sewer Public Sewer Special Conditions None Special Contingency No Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2019 Taxes 6212.00 Total Annual Rent 86400.00 Water City Zoning Multi-Family

    Listing courtesy of Steve Casserly of Keller Williams Realty Florida Partners.


    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-12-05T00:26:57.603.
     
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