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About This Home
This 0-bedroom, 0-bathroom commercial at 1411 S Atlantic Avenue in New Smyrna Beach, FL is listed for $9,650,000 ($778 per sqft). Built in 1950, the home offers 12,408 sqft of living space on a 0.11 acres lot.
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.
Key Features
- Built in 1950
- 0.11 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$51,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1411 S Atlantic Avenue
New Smyrna Beach, FL 32169
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1411 S Atlantic Avenue is listed at $9,650,000 ($778/sqft). The estimated monthly payment is $41,817 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.11 acre lot, Waterfront.
This property is listed by Steve Sather and can be reached at 3862358877 or steve@blackpearlrealestatellc.com.
