1161&1199 N Dixie FreewayNew Smyrna Beach, FL 32168MLS Number O6055933

  • Price: $1,950,000
  • 153 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
1161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 321681161&1199 N Dixie Freeway New Smyrna Beach FL 32168
QR Code

Driving Directions

  • 1.19Acreage
  • 1949Year Built
  • 8,215Square Feet
THIS ENTIRE SUBJECT CONSISTS OF 2 SEPARATE PARCELS, A MOTEL/"B-3" ZONED COMMERCIAL PROPERTY THAT WAS INITIALLY BUILT IN 1949, AND A VACANT ~16,500 SF LAND PARCEL THAT IMMEDIATELY ABUTS JUST TO THE NORTH GIVING 300 FT OF FRONTAGE ON US HWY 1. THE MOTEL PROPERTY MAINTAINS TWO BASIC STRUCTURES, WHICH ENTAILS BOTH A 14 UNIT LODGING FACILITY WITH VARIOUS SIZED EFFICIENCIES ALL CONSTRUCTED OF 4" 'MASONRY' BLOCK WITH WOOD FRAMED TRUSSES ALONG WITH THE ORIGINAL CLAY 'BARREL' TILE ROOFING SYSTEM STILL IN PLACE. THE SECOND BUILDING ENCOMPASSES AN ~3,104 SF TWO-STORY MIXED COMMERCIAL & RESIDENTIAL UNIT THAT IS OWNER-OCCUPIED WITH THE MOTEL'S OFFICE AND POOL FACILITY SITUATED OUT IN FRONT OF THE PROPERTY. THE PROPERTY MAINTAINS GOOD INGRESS AND EGRESS WITH A LARGE CIRCULAR FLOWING ASPHALT PAVED DRIVEWAY WITH PARKING FOR EACH OF THE UNITS. THE SPARE LOT TO THE NORTH PROVIDES GOOD OVERFLOW PARKING WHEN NEEDED. OWNERS HAVE OPERATED THE MOTEL SINCE 2000 AND ARE LOOKING TO NOW FULLY RETIRE OFFERING THIS PROPERTY ON AN 'AS-IS'/'WHERE-IS' BASIS TO ANY BUYER WHO SO WOULD HAVE THE VISION TO BUY AND CONVERT THE SUBJECT TO THEIR OWN MOTEL FLAG, SMALL APARTMENT EFFICIENCIES, OR MINI-COMMERCIAL/PROFESSIONAL OFFICE SUITES AS PER THE ALLOWABLE ZONING IN PLACE. THE RESIDENTIAL UNIT IS LOCATED ON THE SECOND STORY OF THE 2ND BUILDING AND IS FULLY HABITABLE WITH A 180 DEGREE PANORAMIC VIEW, FROM THE CANTILEVERED BALCONIES, OF THE ESTUARY WATERS THAT RUN BEHIND THE ENTIRE SUBJECT. THERE IS A LARGE FULL GARAGE/OFFICE AND STORAGE SPACE BENEATH THE UNIT WITH THE ENTIRE BUILDING ALSO BUILT OF CONCRETE MASONRY WITH A POURED CONCRETE SECOND FLOOR.
Listing Courtesy of NSB HOMES LLC

Ask A Question

Do not fill in this field:

More Info

Location Information

  • Road Frontage["Divided Highway"]

Parking

  • Parking Features Parking Spaces - 19 to 30, Common

Location

  • Address1161&1199 N Dixie Freeway
  • AreaNew Smyrna Beach
  • Building Number1161&1199
  • CountyVolusia
  • StateFL
  • StreetDixie
  • SubdivisionHowards
  • TownNew Smyrna Beach
  • Township 17
  • Zip32168

Water Body

  • MFR Water Access YN No
  • MFR Water Frontage Feet Canal Salt 300
  • MFR Water View YN Yes
  • MFR Waterfront Feet Total 600
  • Water Body Name INDIAN RIVER LAGOON SYSTEM
  • Water FrontageCanal - Saltwater, Lagoon
  • Water ViewCanal, Lagoon
  • Waterfront YN Yes

Basic Information

  • List Price$1,950,000
  • MLS NumberO6055933
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Ceiling Height 8 to 9 Feet
  • MFR Office Retail Space Sq Ft 175
  • RoofTile
  • Units14
  • Year Built1949

Property Information

  • Acreage1.19
  • Construction Materials Block, Concrete
  • Lot Size Dimensions 300 x ~157
  • Lot Size Square Feet 47,100
  • MFR Adjoining Property Vacant
  • MFR Converted Residence YN Yes
  • MFR Front Footage 300
  • MFR Total Acreage 1 to less than 2
  • Number Of Lots 2
  • Other Structures Garage(s)
  • Property Condition Completed
  • Square Feet8,215

Tax Information

  • Tax Year 2021
  • Taxes$6,737

Basic Information

  • Property SubTypeHotel/Motel

Property

  • Living Area 6940
  • ZoningB-3 HWYBUS

Utilities

  • Cooling Office Only, Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Electric ["200+ Amp Service"]
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesPool, Water View, Waterfront

Other

  • Date Listed08/29/2022
  • MFR Flood Zone Code AE
  • MFR Flood Zone Date 2017-09-29
  • Vegetation Trees/Landscaped
  • View Count14
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of January 28, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: