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2020 S ATLANTIC AVENUE, Daytona Beach Shores, FL, 32118 | $849,000
One or more photo(s) has been virtually staged. PRICE IMPROVEMENT! Was $1, 198, 000. 00 NOW $849, 000. 00
Welcome to your unique residential home and business location all in one. Imagine living across from the beach in your 3000 sq. foot home and walking downstairs to your business as your commute. This property is ready for your personal touches and upgrades specific to your tastes.
COMMERCIAL PROPERTY AT 2020 S ATLANTIC AVENUE DAYTONA BEACH SHORES, represents a rare opportunity to establish a presence in one of Florida’s most vibrant and thriving coastal cities. Whether you are looking to open a retail store, a restaurant, or an office, this location offers the ideal setting for success.
THIS IS AN EXCITING REDEVELOPMENT AREA: The combination of a prime oceanfront location on A1A and the proposed upscale 12-story hotel with luxury suites, private elevators, and a 5-story parking garage, will likely attract a high-end clientele. Additionally, a pre-planned luxury condominium building will further elevate the appeal of the area for both residents and tourists. As the redevelopment progresses starts and the surrounding area will transform into a luxury destination.
DETAILS:
Two buildings, Side building is 640 Sq. Ft. Main building is 6000 Sq. Ft. , two story shell. Newer Roof. New Impact Resistant Hurricane Windows.
The main building foundation which extends to the north and west boundary lines of the property, while the side building extends within five feet of the south boundary line, allowing for an increased potential for income that cannot be duplicated on this size parcel under current building code requirements. Lot Size 10, 000.
Special Purpose Permit allows for a utilization of a live/work property.
MAIN BUILDING:
First and Second floors with Steel I-Beam construction.
First floor approximately 14 ft ceiling.
Special conditional use permit.
PARKING:
Parking lot access from A1A and Park Avenue.
Current parking capacity for 9 vehicles, including 1 handicap space.
Potentially 15 parking spaces onsite.
Feasibly, there can be additional offsite parking immediately behind the property across Fraile Street.
Public parking available on Park Avenue.
Unlimited foot traffic. . . located directly across the street from the Ocean.
Features
- Property Type: Retail
- Construction: Block, Concrete
- Levels: 2
- Cooling: None
- Year Built: 1955
- Est. Taxes: $6,926
- MLS#: TB8397490
- Days on Market: 210 days
- Website: https://www.raveis.com
/prop/TB8397490/2020satlanticavenue_daytonabeachshores_fl?source=qrflyer
Listing courtesy of EXP REALTY LLC Phone: 888-883-8509
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2020 S ATLANTIC AVENUE, Daytona Beach Shores, FL, 32118
$849,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $679,200 | $679,200 | $679,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.007% | 5.952% |
| Monthly Tax Payment | $577 | $577 | $577 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,856 | $4,018 | $5,640 |
| Total Monthly Payment | $4,525 | $4,687 | $6,309 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388