1411 S ATLANTIC AVE New Smyrna Beach, FL 32169
$1,495,000
Listed By Ignacio Barsottelli, Collado Real Estate
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Bedrooms
—
Total Baths
—
Full Baths
2,448
Square Feet
0.26
Acres
1950
Year Built
Active
Status
MLS#
1062932
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
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Office Collado Real Estate, 386-427-0002
MLS# 1062932
Updated 4:08AM - 5/29/2022
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