Daytona Beach, FL 32118,1700 Atlantic AVE
Daytona Beach, FL 32118,1700 Atlantic AVE
Daytona Beach, FL 32118,1700 Atlantic AVE
26
$1,600,000
$1,590,000
0.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,906 SqFt

1700 Atlantic AVE Daytona Beach, FL 32118

Est. payment /mo
SOLD DATE : 01/18/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 6,906 sqft

Price per Sqft $231

MLS Listing ID 1089785

Sold Date 01/18/22

Year Built 1966

Annual Tax Amount $9,629

Lot Size 0.380 Acres

Lot Dimensions 0.38

Property Sub-Type Business

Source Daytona Beach Area Association of REALTORS®

Property Description

Studio One Motel, located directly across the street from the ocean consisting of 16 renovated Suites. Eight of these suites have a separate full kitchen as these are the luxury suites with the remainder having a kitchenette in the room. This property as you can see has been completely renovated and has a long term history of great revenue and high occupancy. As pricing of multifamily properties on the beach side continue to increase in the 150k plus range per unit, the other possibility for this investment would be to operate this property as long term multi- family property as an investment at 100k per unit, directly on A1A across the street from the ocean. There is a coin operated washer dryer on the premises along with a private BBQ patio. The Gross Income & NOI referenced in this listing is projected for 2022.As always all of this information deemed to be true and not guaranteed and must be verified by the potential buyer.

Location

State FL

County Volusia

Direction From Silver Beach & A1A (Atlantic Ave), head South on A1A, along the ocean, property down on right.

Interior

Cooling Wall/Window Unit(s)

Exterior

Utilities Available Separate Electric Meters, Separate Water Meters

Building

Water Public

Structure Type Block,Concrete

Others

Senior Community No

Tax ID 5316-02-00-1640

Read Less


Listed by Marlin Realty Group

GET MORE INFORMATION

Robert Kazazian

Robert Kazazian

Agent | License ID: 3314089

+1(386) 320-6124

Name
Phone*
Message