1411 S Atlantic Avenue,New Smyrna Beach, FL 32169

New Smyrna Beach FL, 32169

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Description

Rare Beachside Investment Property Opportunity in New Smyrna Beach Five Unit, Multi-Family Income-Producing Property, located on tri-corner (A1-A) frontage lot directly on S Atlantic Ave, 5th Ave. and the South Causeway (HWY 44). 3-1 bedroom units, 2-2 bedroom units, 2nd story porch w/Ocean View, 150 steps to the Ocean (5th Ave. Dune Walkover). 98% Occupancy, Includes appliances (Stoves, Microwaves, Refrigerators) and Fixtures (Ceiling Fans), Has Commercial coin-operated washer & dryer for tenants. New Air Conditioning, New Roof New Electrical. Zoned B-4 Commercial with great potential for any responsible Commercial use. Fantastic location! Walking distance to Shopping, Restaurants, Theater's, Banking, Pharmacies, and the Trendy Historic Downtown Flagler Ave. District. Income producing-All units 98% occupied year-round. Old Florida style Structure right at the beach. Walking distance to the 5th Ave Dune Walkover Directly onto the Beach. Strolling distance to Shopping, Publix Grocery, Banking, Theater's, Health Food, Restaurants, Bars, Bakery, and Entertainment. Walking/Biking distance to Historic Flagler Ave with Trendy Shops, Dining, and Nightlife, or minutes away from the Canal St Business District. Great Beach life. The best schools in the area, bus stops right in front to pick up kids. Property is currently Zoned B-4 Commercial - could also be transformed into Condos, Hotel, Restaurant/Bar, Retail Shops, and/or Professional Services. Could possibly be packaged with 2 sister properties for a large A1-A & Beach Frontage land parcel for a new Business Development project.

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Market Activity 32169