Large corner lot w/A1-A frontage at fork of S. Atlantic Ave. & 3rd Avenue (E of Boston's Fish House, S of Best Western). Zoned B-4 Commercial, allows for Hotel/Motel, Condo, Restaurant, Retail, Prof Svcs. Income producing (Coronado Beach-side), 5 rental units (98% occy) $80, 000 annl income. 2 story built in 1950, allows access directly on the public Dune Walkover to the Beach. Each Unit has separate bathroom, bedroom(s), full kitchen with sink, stove & refrigerator, and central air. Large common area for outdoor activities. Huge potential for growth and will continue to produce income until permitting & architectural plans can be approved for a new business structure if desired.
1411 Atlantic Avenue
New Smyrna Beach, FL
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Take S Causeway (US 44), to 5th Ave Property is btwn 4th & 5th Ave on E Side of Atlantic Ave. Entrance is off 5th Street
† Excluded Feature
1411 Atlantic Avenue, New Smyrna Beach, FL, 32169 is a Commercial Property for sale at $895,000 with a lot size of 11700. 1411 Atlantic Avenue has 0.0 baths and was built in 1950. The property's zip code is 32169 which is in New Smyrna Beach, FL
Based on 20.00 % down and a 4.13 % financing rate
Includes Mortage, Insurance, and Tax payments
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Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.