1708 Atlantic Ave, New Smyrna Beach, FL 32169
11 Room Hotel | New Smyrna Beach, FL 32169 | $4,000,000 ($363,636/Room) | 6.84% Cap Rate
For Sale
Active
Asking Price $4,000,000
- Property Type
-
Hospitality
- Square Feet
- 7,392 SF
Listing Contacts
Property Overview
A rare opportunity to acquire an immaculate boutique hotel that has undergone extensive renovations from head to toe. This property has tremendous potential for growth, work was just recently completed and the word is quickly getting out about these stunning suites that are just 200 feet from the beach. New Smyrna Beach is frequented by many locals and travelers alike, widely known as one of the highest-rated beaches in the state with a list of accolades to go with it.
17 miles of sandy coastline which is one of three beaches in the state that can be driven on, New Smyrna Beach offers a laidback and friendly atmosphere along with consistently rated world-class surfing and fishing. NSB is also a town that defies easy categorization, though parks and water recreation might draw you here initially, this is a place where culture and the arts are woven into the fabric of everyday life. It's also where you'll find a culinary scene marked both by internationally recognized chefs and seafood shacks that have been favored by locals for decades.
Not only does this property offer guests a short walk to the beach, but it is also just a 4-minute drive from historic Flagler Avenue and Canal Street where guests can enjoy water sports, shopping, and unique dining opportunities
For the explorers, NSB has the most biologically diverse estuary in North America, there are quite a few wildlife conservation parks and hiking trails.
17 miles of sandy coastline which is one of three beaches in the state that can be driven on, New Smyrna Beach offers a laidback and friendly atmosphere along with consistently rated world-class surfing and fishing. NSB is also a town that defies easy categorization, though parks and water recreation might draw you here initially, this is a place where culture and the arts are woven into the fabric of everyday life. It's also where you'll find a culinary scene marked both by internationally recognized chefs and seafood shacks that have been favored by locals for decades.
Not only does this property offer guests a short walk to the beach, but it is also just a 4-minute drive from historic Flagler Avenue and Canal Street where guests can enjoy water sports, shopping, and unique dining opportunities
For the explorers, NSB has the most biologically diverse estuary in North America, there are quite a few wildlife conservation parks and hiking trails.
Property Details
- Class
- C
- Year Built
- 1979
- Stories
- 1
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 11
Highlights
- Walking distance to the ocean, just on the other side of S Atlantic Ave
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