Shannon Ireland - Coldwell Banker Coast
1411 Atlantic Avenue
New Smyrna Beach, FL 32169

Description

Large corner lot w/A1-A frontage at fork of S. Atlantic Ave. & 3rd Avenue (E of Boston's Fish House, S of Best Western). Zoned B-4 Commercial, allows for Hotel/Motel, Condo, Restaurant, Retail, Prof Svcs. Income producing (Coronado Beach-side), 5 rental units (98% occy) $80,000 annl income. 2 story built in 1950, allows access directly on the public Dune Walkover to the Beach. Each Unit has separate bathroom, bedroom(s), full kitchen with sink, stove & refrigerator, and central air. Large common area for outdoor activities. Huge potential for growth and will continue to produce income until permitting & architectural plans can be approved for a new business structure if desired.

Details

MLS#1035599
StyleHospitality
Sub-TypeResale
StatusActive
Year1950
Days On Site317

Features

Story(s)1
Units5
ZoningB4

Market Activity 32169

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Area Information

StateFL
CountyVolusia
CityNew Smyrna Beach
Zip Code32169
AreaBchsde South:3rd Ave-County
Listing VS Median (in 32169)
Price:
$850,000
low | high
Med:
$375,000
100% of Average
On Site:
317
low | high
Med:
408
77.696078431373% of Average
Listing Updated: 12/13/2018
MLS Number: 1035599
Listing Provided By:
Rustie Howell-Reilly  of  Weichert Realtors Hallmark - NSB