Pending

1411 S ATLANTIC AVE New Smyrna Beach, FL 32169

$1,495,000

Listed By Ignacio Barsottelli, Collado Real Estate

Bedrooms

Total Baths

Full Baths

2,448

Square Feet

0.26

Acres

1950

Year Built

Pending

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

Year Built
1950
Parking
No Info
Price / Sq Ft
$611
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
468 Days
Acres
0.26

Listing Office Collado Real Estate, 386-427-0002

MLS# 1062932

Updated 4:16AM - 7/3/2022

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 to consumers that may be interested in purchasing, and that the data is deemed reliable but not guaranteed accurate by the MLS. The data relating to real estate for sale/lease on this website comes in part from the New Smyrna Beach Board of Realtors Multiple Listing Service (MLS) in which this real estate firm 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. Copyright© 2022 New Smyrna Beach Board of Realtors, Inc. All rights reserved.

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