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Sold on 11/03/2016

132 Hotel Ave, Edgewater, FL 32132

  • $470,000

    Last sold 11/03/2016 for $315K

  • 11

    bed

  • —

    bath

  • 4,562

    Sqft ($69/Sqft)

Multi-family not for sale
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About 132 Hotel Ave

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Movoto estimate
Property description
Seven units on large parcel within 200’ of the Intracoastal. Currently operated as “55+ community”, the complex is fully rented to long term tenants with no leases. Intracoastal views from some units. Two separate buildings (Units 1-4 in fourplex & Units 5-7 in triplex). Tenants pay electric. Owner supplies basic cable, internet, water & gas (for water heater. Each of the units in the 4 plex have central heat & air. The triplex units have window a/c only. Roofs on both buildings replaced in 2012. Units 1, 2 3 & 7 are 2/1. Units 4, 5 & 6 are 1/1. Washer & dryer are leased & maintained by company who shares collection 50/50. There are 8 electric meters, 1 gas meter, 1 water meter. In addition to appx 118’ of street frontage, there’s rear access from platted street on SW street on SW side of property. Great location just 3 short blocks to Menard Park (launch your paddle boards & kayaks) & a few more to the boat launch at Park Avenue. Please see separate attachment for specific rental rates.
Listed by
Listing Agent - Margie Lints
Listing Office - Magnolia Properties
Source: DBAAR mls logo
MLS#1018467 • last updated 2 years ago
Movoto checked DBAAR for data 8 minutes ago
Overview
Cooling/AC Central Air, Wall/Window Unit(s)
Heating Central
MLS # 1018467
SubType Multi Family
Property Type Residential Income
SqFt 4562
Status Closed
Property Tax 4649
Year Built 1949
Interior
Total # of Bedrooms 11
Appliances Refrigerator, Electric Range
Exterior
Roof Shingle
Construction Block, Concrete, Frame
Parking On Street
Amenities / Utilities
Water Source Public
Location
Area 70 - New Smyrna Beach E Of 95
Subdivision Not On The List
APN 7433-12-00-0010
Directions From Riverside Dr & Park Ave, Go South To Hotel, Make Right.
Multifamily Details
Owner Pays Cable TV, Exterior Maintenance, Insurance, Trash Collection, Water
Tenant Pays Electricity
Total # of Units 7
Gross Income 3939
Gross Scheduled Income 47268
Lot/ Land Details
Current Use Mixed Use
$470K
Range: $404K-$535K
Last 30 days 
  • Jan 2017
    mls logo MLS # 1018467
  • Jan 12, 2017 Sold
    $315,000
  • Jul 19, 2016 Listed
    $375,000
  • Jan 2017
    mls logo MLS # 1029333
  • Jan 11, 2017 Sold
    $315,000 (-16.0%)
  • Jul 18, 2016 Listed
    $375,000 (+97.4%)
  • Aug 2001
    Public Records
  • Aug 8, 2001 Sold
    $190,000
  • 132 Hotel Ave
    $315K
  • 70 - New Smyrna Beach E Of 95
    —
  • 32132
    $329K +4% y/y
  • Edgewater
    $345K +4% y/y
No chart available
Statistics calculated by Movoto

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7/10
Edgewater Public School
public Grades PK, K-5
Volusia
4/10
New Smyrna Beach Middle School
public Grades 6-8
Volusia
5/10
New Smyrna Beach High School
public Grades 9-12
Volusia
Source: GreatSchools.org © 2026. All rights reserved.

Around 70 - New Smyrna Beach E Of 95

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  • Real Estate
  • FL
  • Volusia County
  • Edgewater
  • 32132
  • 132 Hotel Ave
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