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Commercial Recently Sold
$935,000

BTC: 14.84126984

ETH: 535.50973654

Sold on: 2021-02-03
1 days
0 room(s)

Overview

Live and work in this prime location on Flagler Ave. Super exposure for professional, retail, food service, etc. Zoned mixed use with three separate utility meters, can be used as 1, 2 or 3 units. So much potential for income generation! On-site parking for over 12 cars, a rare bonus for property on this street. Registered on the historical list (built 1928) and located in CRA district. Walk to Indian River and Atlantic Ocean. Must pass to go to North beach. Located on the high-traffic northwest corner of Flagler and Peninsula Avenue, one block from the Indian River and 5 blocks from the Atlantic Ocean, nearly all visitors to our beaches pass this location as they transit the North Causeway bridge. Those out for an evening of dining or clubbing will see this building as they enter and depart the Avenue. With 2 restaurants, a spa, and hotel across the street, there is high walking traffic day and night. The Minorca condominiums are located to the north, and the central beach residents surrounding the location are particularly loyal to local businesses. This location would be ideal for a single or multiple offices, retail, or live upstairs with your office downstairs. This location is ADA accessible and compliant on the first floor and has 2 restrooms. Porches on the east and north sides make a little outdoor escape a reality on temperate days. This is the premier location on Flagler Avenue and one of the few business locations with ample parking. This listing is for the building only, the existing Real Estate company is expanding to other locations and will vacate immediately upon successfully negotiated contract for purchase. ;Water: City

Location

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
1928
Lot:
0.17 Acres
Heating:
Central / Zoned
Price/sqft:
No Data
Cooling:
Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,100,000
$490K – $1.3M
Confidence Low
List vs. estimate
$100K below estimate
List $1,000,000 · -9.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Heating

    • Central

    • Zoned

    Cooling

    • Central Air

    • Zoned

  • Parking

    • On Street

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 745501000320

    • Zoning: MU

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Other

  • Source details

    • MLS ID: NS1062324

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Lot Features: City Lot

    • Water Source: See Remarks

    • Subdivision Name: Assessors Walker Grant

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the New Smyrna Beach Board of Realtors from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present New Smyrna Beach Board of Realtors. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXIT REAL ESTATE PROPERTY SOL