1411 S ATLANTIC AVE NEW SMYRNA BEACH, FL 32169

$1,495,000

7

Bedrooms

5

Total Baths

5

Full Baths

2,448

Square Feet

0.23

Acres

1950

Year Built

140 days

On Website

Active

Status

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!

I'm Interested

Schedule a showing
In Person Virtual

Details


Interior
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
Bathrooms Full
5
Bathrooms Total
5
Bedrooms Total
7
Flooring
Tile
Living Area
2,448 SqFt.

Building And Construction
Property Sub Type
Duplex
Property Type
Residential
Year Built
1950

Exterior And Lot
Lot Size Acres
0.23
Lot Size Square Feet
10000
Zoning
B4(8)

Utilities
Cooling
Central Air
Heating
Central

Area And Schools
City
New Smyrna Beach
County Or Parish
Volusia
Subdivision Name
New Smyrna Beach

Financial Info
Buyer Agency Compensation
2%
Tax Annual Amount
$6,320.00
Tax Year
2020

Listing By COLLADO REAL ESTATE

MLS# O5937668

Data Last Updated 10:06PM - 9/20/2021

Stellar MLS

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers’ personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright© 2021 MLS GRID. All Rights Reserved. For DMCA information, please review Copyright Complaints at https://www.remax.com/terms-of-use.

Your browser is out of date or unsupported. Some features of this website may not work until you update to a supported browser. More Info

Your browser is not currently supported. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: