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$16,860,000

Beds
Unknown
sq ft
Unknown

429 E 3rd Ave, New Smyrna Beach, FL 32169

429 E 3rd Ave

New Smyrna Beach, FL 32169

  • 42 days on market
Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue with approximately 1,000 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-7-27. Prime location on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. This is the primary beach access from the Orlando Metro Area. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions. (see Broker's remarks)

Details

Property type

Lot size

11.73 acres

Price per sq ft

Unknown

Year built

Unknown

Annual property taxes

$38,183

Price History

11/11/2024
Beaches

Beaches #F10471008

Listed
$16,860,000

Schools & Community

Neighborhood: 

Coronado Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

A & J Capital Of Central Florida Llc

Loan start date

October 2018

Original loan amount

$4,000,000

Est. remaining balance

Not provided

Interest rate

4.52%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Lagoon Hospitality Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 8:55 PM

Listing updated: 12/10/2024 at 12:59 PM

Listed by: Pat Collado, Collado Real Estate Phone #: (386) 427-0002

MLS: Beaches #F10471008

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