423 FlaglerNew Smyrna Beach, FL 32169

  • Motels
  • 8,534 SF
Off market
$1,671,001 Estimated

Property Details for 423 Flagler

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.51 AC
Property size (Sq ft)
8,534 SF
Zone code
B1
Property type
Motels
APN
7455-01-00-0230
APU
745501000230

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,303,091
    6.5%
    $2,125,930
    7%
    $1,974,078
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,444,019
    Geo Method
    $2,238,728
  • Alternative Use

    Use
    Valuation
    Residential
    $2,320,898
    Hospitality
    $2,125,930
    Educational
    $1,768,749
    Medical
    $1,829,579
    Retail
    $2,751,388

Location Insight

City
New Smyrna Beach
County
Volusia
State
Florida
Latitude
29.0383
Longitude
-80.8969
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,510
$1,456,000
$215,001
$1,671,001
-
$1,456,000
$215,001
$1,671,001

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