3201 Hill St - Hospitality FOR SALE


New Smyrna Beach, FL 32169
$1,750,000 USD
410-977-4711
3201 Hill St, New Smyrna Beach, FL for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/48
null | Request Cap Rate

3201 Hill St
New Smyrna Beach, FL 32169


HIGHLIGHTS

  • Two-building complex with 10 units
  • Ocean-view Building
  • Just south of Daytona Beach

OVERVIEW

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, May 9th & ends Wednesday, May 21, 2025 at 1:00PM. Two Building Oceanfront/Ocean view Complex Containing Ten Condo Units in "New Smyrna Beach" Florida. To be Sold as an Entirety Only. Photos of all units, along with virtual tours, and terms of sale can be found on the auctioneer's website, link below. Oceanfront Condominium Complex for Sale – New Smyrna Beach, FL A rare opportunity to purchase a two building complex as an entirety with 10 condo units. All units will be conveyed vacant. Property Overview: • Two-building complex with 10 units, sold as a whole. • Oceanfront building: Units 1-4: 2BR/2BA, fully furnished. Upper units feature balconies; lower units have patios. • Ocean-view Building: Units 5-8: 2BR/2BA, fully furnished. Units 9-10: 1BR/1BA, main level, fully furnished. Includes housekeeping room and management office. Several units offer ocean views. • Amenities:11± parking spaces on brick driveway. Fenced pool (3'-6', reportedly heated) with picnic tables and grills. All 2BR units include washer/dryer. All units equipped with AC. Beach access via stairway adjacent to buildings. Picnic tables and grills around the parking lot. Location: New Smyrna Beach, Florida Nestled on Florida’s central east coast, just south of Daytona Beach, New Smyrna Beach is a charming coastal town known for its serene beaches, excellent surfing, and relaxed atmosphere. The historic downtown boasts art galleries, boutiques, and local dining, blending small-town charm with cultural vibrancy. With the scenic Intracoastal Waterway and a rich arts scene, it’s an ideal spot for relaxation and adventure. Photos and Virtual Tours: Available in the external links section. Diligence Package: Copy of the purchase and sale agreement with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Friday, May 16th & ends Wednesday, May 21, 2025 at 1:00PM Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$166 USD /SF

# OF ROOMS

10

PRICE/ROOM

$175,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean Beach Club

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,723 SF

ZONING

R

APN/PARCEL ID

7422-11-00-0001,7422-11-00-2700

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.