1100 5th Ave
New Smyrna Beach, FL 32169

$1,899,000

Description

Ocean front multi-family property positioned for development along with adjacent property 1409 Hill St. Zoned B-4 Commercial, which allows Hotel/Motel, Condo, Restaurant, Retail, Prof Services. Income producing (Coronado Beach-side)Centrally located in busiest part of Central Beach sideUntil a few years ago this was a popular Vacation Rental with a number of repeat Guests. Currently 100% occupied with annual tenants. 3 Central Air/heat air conditioning Systems, 4 Laundry rooms. Penthouse and ground floor units have million dollar views of the Atlantic Ocean and beach, they have remodeled baths and kitchens, Tiled floors. street side of the 2 story building is a 2 story Townhouse with 2 patios. And a perfect Guest house for visitors or staff, with Cathedral ceilings.Adjacent property also for sale. Equalling 100 feet of Oceanfront and according to deed it goes to High Tide.

Details

MLS#1041033
StyleHospitality
Sub-TypeResale
StatusActive
Year1977
Days On Site77

Features

Story(s)1
Units4
ZoningMFR

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Area Information

StateFL
CountyVolusia
CityNew Smyrna Beach
Zip Code32169
AreaBchsde South:3rd Ave-County
Listing VS Median (in 32169)
Price:
$1,899,000
low | high
Med:
$406,000
100% of Average
On Site:
77
low | high
Med:
321.5
23.950233281493% of Average
Listing Updated: 06/03/2019
MLS Number: 1041033
Listing Provided By:
Mary Ann DeWitt  of  Collado Real Estate