NOT LISTED FOR SALE

3159 S Atlantic Ave Daytona Beach Shores, FL 32118

Estimated Value: $2,336,585

0.73 Acre
$3,200,801 Price per Acre
31,799 Sq Ft Lot

Last Sold March 24, 2015

Last sale price $1,000,000

Est. 134% increase in value since last sale

Current estimated payment $14,066/month

74 Days on Market

About This Lot

As of March 2015

Bring your investors, the property is zoned TRMF-1 Hotel/Motel (70 units per acre so 50 units possible) and multi family residential (60 per acre so 42 units are possible). 38600 sf land area. 30800 sf net developable area. 101 feet at east side of S Atlantic Ave100 feet at Atlantic Ocean sideLand is cleared. Used to be Sandy Shores CondominiumGentle slope west to east with adequate drainage. All utilities on site. Has masonry seawallHave masonry retaining walls westward along north and south boundary lines. Maximum height is 65ft building. undary lines. Maximum height is 65ft building.

Last Agent to Sell the Property

Mike Pepin

Pepin Realty Inc License #0341903 Listed on: 12/11/2014

Last Buyer's Agent

Michael Pepin

Hayward Brown, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,330

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 102x301
  • Ocean Front

Community Details

  • Rio Mar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 533400020110

Property Details

Property Type

Land

Est. Annual Taxes

$16,330

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.73
  • Lot Size: 102x301
  • Road Surface Type: Asphalt
  • Subdivision Name: Rio Mar
  • Directions: North of Dunnlawton Ave. on east side of S. Atlantic Ave.
  • Reso Property Type: Land
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.73
  • General Property Information Lot Size Dimensions: 102x301
  • Location Tax and Legal:Parcel Number: 533400020110
  • Location Tax and Legal:Tax Annual Amount: 16330.0
  • Location Tax and Legal:Tax Year: 2013
  • Utilities:Water Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other18: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Lot Info

  • Current Use: Multi-Family, Unimproved
  • Lot Size Sq Ft: 31798.8
  • Parcel #: 533400020110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16330.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
My Three Sons No 3703 Land Trust
Bought by
3159 South Atlantic Llc
Current Estimated Value
$2,336,585

Purchase Details

Closed on
May 11, 2022
Sold by
Jack Aberman
Bought by
Sullivan Carletta S and Sullivan Joseph V

Purchase Details

Listed on
Dec 11, 2014
Closed on
Mar 24, 2015
Sold by
Nu South Lv Llc
Bought by
Land Trust Properties Llc and My Three Sons #3703 Land Trust
Seller's Agent
Mike Pepin
Pepin Realty Inc
Buyer's Agent
Michael Pepin
Hayward Brown, Inc.
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Dec 15, 1978
Bought by
Land Trust Properties Llc Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
3159 South Atlantic Llc $100 --
Sullivan Carletta S $305,200 --
Land Trust Properties Llc $1,000,000 Attorney
Land Trust Properties Llc Tr $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $1,000,000 0.0% --
02/23/2015 02/23/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $1,000,000 -- --
Source: Daytona Beach Area Association of REALTORS®

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 $20,570 $1,216,370 $1,216,350 $20
2024 $20,570 $1,216,371 $1,216,350 $21
2023 $20,570 $1,216,372 $1,216,350 $22
2022 $19,733 $1,148,712 $1,144,800 $3,912
2021 $20,057 $1,083,984 $1,081,200 $2,784
2020 $22,068 $1,084,167 $1,081,200 $2,967
2019 $22,250 $1,084,298 $1,081,200 $3,098
2018 $20,804 $1,020,863 $1,017,600 $3,263
2017 $19,398 $893,676 $890,400 $3,276
2016 $20,057 $893,561 $0 $0
2015 $17,816 $830,254 $0 $0
2014 $15,931 $652,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 566896

Daytona Beach Area Association of REALTORS®

APN: 5334-00-02-0110