$3,100,000
$3,490,000
11.2%For more information regarding the value of a property, please contact us for a free consultation.
8,511 SqFt
SOLD DATE : 10/17/2021
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,511 sqft
Price per Sqft $364
Subdivision Rio Mar Beaches
MLS Listing ID V4920494
Sold Date 10/17/21
HOA Y/N No
Year Built 1958
Annual Tax Amount $19,794
Lot Size 0.570 Acres
Acres 0.57
Property Description
Direct Oceanfront Boutique Motel is the business opportunity you have been waiting for. This meticulously maintained beachfront gem offers 100ft on the oceanfront, private beach access, 40ft beachfront lap pool, ample parking, and excellent visibility, and is centrally located on Atlantic Avenue (A1A) just north of the Dunlawton Bridge. New monument street sign and roof in 2017. Signed NDA required for more information. For the true visionaries, consider expanding this premier property with 100' of ocean-frontage to a 51 room hotel or how about developing a 44 condo unit luxury high-rise? WANT THE BEST NEWS? Current zoning already allows for either project!
Location
State FL
County Volusia
Community Rio Mar Beaches
Interior
Cooling Wall/Window Unit(s)
Exterior
Waterfront false
Roof Type Other
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Concrete
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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