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1204 N Dixie

New Smyrna Beach, FL 32168
  • $985,000
  • STATUS: Active Under Contract
  • ON SITE: 89 Days
  • MLS #: 1101033
Under Contract
UPDATED: 74 min ago
$985,000
  • 0
    BEDS
  • 0.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,299
    SQFT
  • $186
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Over 14% Cap Rate! 100% occupancy for the past 2.5 years, Long term weekly paying tenants on a ''month to month'', 25,000 + cars daily traffic, in the Redevelopment District of New Smyrna Beach, and massive growth opportunity with the cleared backside of the property.

Monthly Payment Calculator



© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dalton Wade Real Estate Group. Data last updated: 2022-12-04T09:27:03.217.
www.daltonwade.com/homes/132814724
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1204 N Dixie New Smyrna Beach, FL 32168

  • Price: $985,000
  • Status: Active Under Contract
  • On Site: 89 Days
  • Updated: 74 min ago
  • MLS #: 1101033
0
Beds
0
Baths
0
½ Baths
0.94
Acres
5,299
SQFT
$186
$/SQFT
1953
Built
Neighborhood:
New Smyrna Beach E of 95
County:
Volusia
Area:
New Smyrna Beach E of 95
Property Description
Over 14% Cap Rate! 100% occupancy for the past 2.5 years, Long term weekly paying tenants on a ''month to month'', 25,000 + cars daily traffic, in the Redevelopment District of New Smyrna Beach, and massive growth opportunity with the cleared backside of the property.
Exterior Features

Construction Concrete Block Parking LotPaved Parking Spaces 12 Roof Flat Site Improvements Curb/SidewalksOutbuilding

Interior Features

Air Conditioning Wall/Window Units Heating Wall/Window Units Sq Ft Total 4079.00

Property Features

Building Type Location Hotel/Motel Business Income Opportunity Multi Family Business Type Hotel/Motel Commercial Property Name Blue Heron Motel Commercial Style Comm-Land & Bldg Incl Financing Owc - Financing Franchise Opt In Yes Gross Income 176400.00 Homestead Exemption No Includedin Sale BuildingBusiness NameFurnitureLand Nrr Req No Percent Occupancy 100.00 Sewer Public Sewer Special Conditions None Sq Ft Source Property Appraiser Tax Year 2021 Taxes 5531.34 Water City

Listing courtesy of Matthew Fischer of Exp Realty Llc: (888) 883-8509.


© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dalton Wade Real Estate Group. Data last updated: 2022-12-04T09:27:03.217.
 
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