REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 9,650,000
Est. payment | /mo
12,408 SqFt
$ 9,650,000
Est. payment | /mo
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
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1950
Annual Tax Amount $18,670
Lot Size 5,000 Sqft
Lot Dimensions 0.11
Property Sub-Type Hotel/Motel
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
Direction East on SR 44, South on S Atlantic Ave, building to the left on 5th Ave.
Exterior
Parking Features Other
Waterfront Description Deeded Beach Access,Ocean Access,Ocean Front,Seawall
Building
Lot Description Dead End Street, Uplands
Others
Senior Community No
Tax ID 7422-01-05-0110
Listed by Black Pearl Real Estate LLC