Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    314 Flagler Ave New Smyrna Beach, FL 32169

    Sponsored
    For Sale
    $1,990,000

    Restaurant - NEW SMYRNA BEACH, FL

    Property size:
    1,564 SF
    Lot size:
    0.20 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 314 Flagler Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    10B1
    APN
    745509000200
    Exterior features
    Paved
    Size
    1,564 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Humidity Control

    Building Details

    Year built
    1922
    Flooring type
    Tile, Wood
    Building materials
    Block, Frame
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Collado Real Estate (386) 427-0002 [email protected]

    Listing agent Ignacio Barsottelli (386) 427-0002 License #3428688

    Listing date Dec 17, 2025

    MLS# NS1086794 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flagler Avenue Investment Opportunity

    This mixed-use commercial property is located in the heart of Flagler Avenue, New Smyrna Beach's entertainment and tourism district, just five blocks from the ocean. The building is leased to a cigar lounge and restaurant known for its atmosphere, wood accents, leather armchairs, cigar selection, and Latin cuisine served from a balcony. Live music and valet parking enhance its status as a nightlife destination. The tenants generate $14,500 per month in base rent with 3% annual escalations. Recent improvements exceeding $300,000 include a new interior bar, expanded outdoor dining area, ADA-compliant restroom, humidor room, and upgraded mechanical systems. The property is grandfathered for potential multi-story redevelopment, offering a zoning advantage in this beachfront district. Surrounded by retail, restaurants, entertainment venues, and cultural events, this location is in NSB's active commercial corridor. The property size is 1564 square feet and the lot size is 0.2 acres. The property is zoned 10B1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Seashack, Norwood's Restaurant & Treehouse Bar, Beachside Tavern, Toni & Joe's Patio, Casey's NSB

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.899641
    Latitude
    29.038863

    Nearby Similar for Sale

    • $1,750,000
      3,888 SF

      Versatile Multi-Use Property Near Ocean

      3,888 SF multi-use property near the ocean in New Smyrna Beach.
      6495 Turtlemound Rd, New Smyrna Beach, FL 32169
      View Details
    • $599,000
      2,384 SF

      New Smyrna Beach Triplex

      Updated triplex in the heart of New Smyrna Beach.
      810 Magnolia St, New Smyrna Beach, FL 32168
      View Details
    • $995,000
      3,801 SF

      Mixed-Use Quadruplex Near Canal Street

      Meticulously maintained quadruplex in downtown New Smyrna Beach.
      106 Live Oak St, New Smyrna Beach, FL 32168
      View Details
    • $7,490,000
      Pending

      Luxury Oceanfront Boutique Resort

      Premier oceanfront property with villas and private beach access.
      2901 S Atlantic Ave, New Smyrna Beach, FL 32169
      View Details
    • $899,000
      2,268 SF

      New Smyrna Beach Mixed-Use Property

      Mixed-use property near Canal Street, New Smyrna Beach.
      200 Live Oak St, New Smyrna Beach, FL 32168
      View Details
    • $1,200,000
      0.64 Acres

      Downtown Commercial Property with Drive-Thru

      Versatile commercial property in downtown New Smyrna Beach.
      109 Causeway Dr N, New Smyrna Beach, FL 32169
      View Details
    • $1,200,000
      1,758 SF

      New Smyrna Beach Commercial Opportunity

      B2-zoned commercial property in downtown New Smyrna Beach.
      109 Causeway Dr N, New Smyrna Beach, FL 32169
      View Details
    • $1,200,000
      1,758 SF

      Downtown Commercial Opportunity

      Versatile commercial property in vibrant New Smyrna Beach location.
      109 Causeway Dr N, New Smyrna Beach, FL 32169
      View Details
    • $775,000
      2,070 SF

      Equestrian Estate Near the Coast

      10-acre equestrian property with barn, pastures, and comfortable home.
      3834 Pioneer Trl, New Smyrna Beach, FL 32168
      View Details
    • $999,900
      4,422 SF

      Mixed-Use Historic District Property

      Three-story mixed-use property in the Canal Street Historic District.
      204 Magnolia St, New Smyrna Beach, FL 32168
      View Details
    • $949,000
      2,571 SF

      Restaurant on Canal Street, Florida

      Unique restaurant opportunity on Canal Street in New Smyrna Beach.
      1001 Canal St, New Smyrna Beach, FL 32168
      View Details
    • $1,910,000
      6,102 SF

      Downtown New Smyrna Beach Office

      Commercial office building in the heart of downtown New Smyrna Beach.
      205 Magnolia St, New Smyrna Beach, FL 32168
      View Details

    FAQs

    What type of property is this?
    Bar - High-yield commercial property in New Smyrna Beach's premier district.
    Where is this bar located?
    The property is located at 314 Flagler Ave New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - High-income producing asset with $14,500 monthly base rent and 3% annual escalations, projecting over $923,000 in rental income over five years.; - Located in the heart of Flagler Avenue, New Smyrna Beach's premier entertainment and tourism district, benefiting from high foot traffic.; - Projected to gain over $1 million in value in five years due to approximately 9% annual property value appreciation.
    (386) 401-8008
    Request Owner's contact information
    314 Flagler Ave New Smyrna Beach, FL 32169
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    314 Flagler Ave
    New Smyrna Beach, FL 32169
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    314 Flagler Ave New Smyrna Beach, FL 32169
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.