$1,495,000

1411 S Atlantic Avenue

NEW SMYRNA BEACH FL, 32169

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!

Details

MLS#O5937668
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site3

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet1,040
Acreage0.23
Golf CourseN

Additional Information

Water AccessNo
Water FrontageNo
Water ViewNo
Water ExtrasNo
Waterfront Feet0
IQWeb_mls_mfrmls_Optional_18Public Sewer
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Area Information
StateFL
CountyVolusia
CityNEW SMYRNA BEACH
Zip Code32169
Area32169 - New Smyrna Beach
Community NameNEW SMYRNA BEACH
Listing VS Median (in NEW SMYRNA BEACH)
Price:
$1,495,000
low | high
Med:
$566,950
100% of Average
SqFt:
1,040
low | high
Med:
1,547
2% of Average
$ / SqFt:
$1,438
low | high
Med:
$371
100% of Average
On Site:
3
low | high
Med:
36
8.333333333333% of Average
Sourced by Back At You
Listing Updated: May 7, 2021 4:24:39 AM PDT
Ignacio Barsottelli LogoMLS Number: O5937668
Listing Provided By:
Ignacio Barsottelli  of  COLLADO REAL ESTATE

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