FL > New Smyrna Beach
New Smyrna Beach, FL 32169,1411 S Atlantic AVE
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$ 9,650,000
Est. payment | /mo

12,408 SqFt

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$ 9,650,000
Est. payment | /mo
Save

12,408 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 12,408 sqft

Price per Sqft $777

MLS Listing ID 1210986

Year Built 1950

Annual Tax Amount $18,670

Acres 0.11

Property Sub-Type Hotel/Motel

Source Daytona Beach Area Association of REALTORS®

Property Description

This is a quite rare opportunity to acquire a 3 parcel Oceanfront Commercial site in New Smyrna Beach, a very special place all on it's own, situated in a clean and healthy environment with a vibrant restaurant, music, and arts scene. Situated immediately to the South of the recently re-done Best Western Hotel, bordered to the West by Atlantic Ave, to the South by the 5th Ave beach approach and the Ocean Reef Villas condominiums. In addition its location is in walking distance to wonderful dining, shopping and entertainment in the heart of Central Beachside. Getting there from I-95 and Rt #44 by way of our main thoroughfare to the beach, the South Causeway, is practically a straight shot.The existing two oceanfront homes and the multifamily site are income producing and have the protection of a seawall. This area is seeing a major uptick in high end luxury homes, a lot of commercial infill and upscale re-purposing of existing infrastructure. This site has many possibilities, from an oceanfront hotel, to a family enclave on the ocean, there are a wide variety of development concepts. We have a good deal of information pertinent to this site on hand. This is 3 parcels being sold as 1, the parcel ID's are as follows: 741504050060, 742201050110, 741504050050. Please contact us for in depth information.

Location

State FL

County Volusia

Area 70 - New Smyrna Beach E Of 95

Direction East on SR 44, South on S Atlantic Ave, building to the left on 5th Ave.

Region New Smyrna Beach

City Region New Smyrna Beach

Exterior

Parking Features Other

Waterfront Description Deeded Beach Access,Ocean Access,Ocean Front,Seawall

View Y/N No

Water Access Desc Deeded Beach Access,Ocean Access,Ocean Front,Seawall

Building

Lot Description Dead End Street, Uplands

Others

Tax ID 7422-01-05-0110

Ownership 1411 S Atlantic LLC

Listed by Steve Sather • Black Pearl Real Estate LLC
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1411 S Atlantic AVE