NOT LISTED FOR SALE

1116 Commercial Ave New Smyrna Beach, FL 32168

Estimated Value: $623,644 - $672,000

3 Beds
2 Baths
1,546 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 04, 2025

Last sale price $670,000 $433 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,984/month

181 Days on Market

Highlights

  • 100 Feet of Lake Waterfront
  • Above Ground Pool
  • Open Floorplan
  • Dock made with wood
  • Sauna
  • Private Lot

About This Home

As of March 2025

LAKEFRONT HOME with DOCK on 1.93 ACRES with POLE BARN and ENCLOSED METAL BUILDING in NEW SMYRNA BEACH. Rarely is there a lakefront property available on beautiful LAKE ASHBY that offers everything you need. This property includes a 3 BEDROOM 2 BATHROOM home that has been updated with a new METAL ROOF 2023, primary bathroom shower and vanity, hot water heater 2024, GE stainless appliances in 2020, DOCK 2023, sauna 2022, washer and dryer 2020 and fresh exterior paint. Store your extras in the 20X50 open POLE BARN with concrete and electric or in the 25x25 metal building with 8' roll up door and power. The block home offers great views of the lake from most of the rooms in the house. Entertaining is made easy with an open floor that has a Family room and kitchen that is also open to the dining, living and Florida room. Step onto the LARGE BACK PATIO where you can watch wildlife and amazing sunsets or swim in the above ground pool or have fires in the concrete fire pit. There is too much to list about living in this great neighborhood which also has a boat ramp and park with playground and boardwalk. Make your appointment today to view this WATERFRONT property.

Last Agent to Sell the Property

Jodie Stratton

COASTAL AND COUNTRY PROPERTIES License #3138843 Listed on: 08/02/2024

Last Buyer's Agent

Jesse McNinch

LPT REALTY LLC License #3427244

LPT REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1982

Lot Details

  • 1.93 Acre Lot
  • 100 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Private Lot
  • Cleared Lot
  • Property is zoned 01A3

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Woods

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Sauna

Kitchen

  • Dinette
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Pool
  • Outdoor Shower
  • Above Ground Spa

Outdoor Features

  • Access To Lake
  • Dock made with wood
  • Patio
  • Pole Barn
  • Shed
  • Front Porch

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alamana Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,140

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1546
  • Lot Size Acres: 1.93
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 3386
  • Lot Size Sq Ft: 84071
  • Directions to Property: SR415 to Lake Ashby Rd to Commercial Ave driveway is on the right before the boat ramp. Sign is at entrance
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 703461249
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 433.38
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Barn Features: Pole Barn
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Above Ground
  • Stories: 1
  • Street Number Modifier: 1116
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Great Room,Inside Utility
  • Living Area Meters: 143.63
  • Room Count: 10

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn(s), Shed(s), Storage
  • Pool Features: Above Ground
  • Exterior Features: French Doors, Outdoor Shower, Sauna, Sidewalk
  • Roof: Metal
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Water Body Name: LAKE ASHBY
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Lake: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Alamana

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 01A3
  • Parcel Number: 8211-02-23-0010
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Cleared, In County, Private, Zoned for Horses
  • Flood Zone Code: X, A
  • Homestead YN: 1
  • Lot Size Square Meters: 7810
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4139.89
  • Tax Block: 23
  • Tax Book Number: 8-131
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Apr 16, 2025
Sold by
Greene Ronnie L and Greene Christy V
Bought by
Spyrides Edward A and Spyrides Rachel
Seller's Agent
Jodie Stratton
COASTAL AND COUNTRY PROPERTIES
Buyer's Agent
Jesse McNinch
LPT REALTY LLC
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%
Views
86
Current Estimated Value
$656,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,089
Avg. Annual Appreciation
-3.56%
Original Mortgage
$603,000
Outstanding Balance
$601,497
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$59,342

Purchase Details

Listed on
Aug 2, 2024
Closed on
Mar 4, 2025
Sold by
Greene Ronnie L and Greene Christy V
Bought by
Spyrides Edward A and Spyrides Rachel
Seller's Agent
Jodie Stratton
COASTAL AND COUNTRY PROPERTIES
Buyer's Agent
Jesse McNinch
LPT REALTY LLC
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Outstanding Balance
$601,497
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$59,342

Purchase Details

Listed on
Nov 26, 2019
Closed on
Mar 5, 2020
Sold by
Arroyo Helen B and Arroyo Francisco
Bought by
Greene Ronnil L and Greene Christy V
Seller's Agent
Jodie Stratton
COASTAL AND COUNTRY PROPERTIES
Buyer's Agent
Jodie Stratton
COASTAL AND COUNTRY PROPERTIES
List Price
$380,000
Sold Price
$325,000
Premium/Discount to List
-$55,000
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Reed Janet M
Bought by
Arroyo Francisco and Arroyo Helen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2004
Sold by
Storch Catherine R and Storch Tj
Bought by
Reed Janet M

Purchase Details

Closed on
Jun 15, 1988
Bought by
Arroyo Francisco and Arroyo Helen B

Purchase Details

Closed on
Jan 15, 1981
Bought by
Arroyo Francisco and Arroyo Helen B
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spyrides Edward A $100 None Listed On Document
Spyrides Edward A $100 None Listed On Document
Spyrides Edward A $670,000 None Listed On Document
Greene Ronnil L $325,000 First International Ttl Inc
Arroyo Francisco $260,000 Abstracters Title Company
Arroyo Francisco $10,000 --
Reed Janet M $10,000 --
Arroyo Francisco $95,500 --
Arroyo Francisco $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spyrides Edward A $603,000
Previous Owner Greene Ronnie L $200,000
Previous Owner Arroyo Helen B $15,500
Previous Owner Arroyo Francisco $60,332
Previous Owner Arroyo Francisco $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $670,000 -10.7% $433 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
08/02/2024 08/02/24 For Sale $750,000 +130.8% $485 / Sq Ft
03/06/2020 03/06/20 Sold $325,000 -14.5% $210 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $380,000 -- $246 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,140 $270,121 -- --
2024 $4,140 $262,509 -- --
2023 $4,140 $254,864 $0 $0
2022 $4,070 $247,441 $0 $0
2021 $4,228 $240,234 $69,480 $170,754
2020 $2,047 $129,516 $0 $0
2019 $2,097 $126,604 $0 $0
2018 $2,079 $124,243 $0 $0
2017 $2,063 $121,688 $0 $0
2016 $1,964 $119,185 $0 $0
2015 $2,000 $118,357 $0 $0
2014 $1,979 $117,418 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1082271

Stellar MLS

APN: 8211-02-23-0010