New Smyrna Beach Commercial
1108 N Dixie, New Smyrna Beach, FL 32168
COMMERCIAL - New Smyrna Beach, FL
Property size:
6,676 SFLot size:
0.65 AcresPrice / SF:
$224/SF- Added:
- Aug 23, 2025
- Days on Market:
- 284
- Last Refresh:
- Jun 2 at 2:06 pm
Property Features for 1108 N Dixie
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Carport, Off Street, Garage, Parking Lot
- Fencing
- Privacy
- Standard status
- Active
- APN
- 7438-11-00-0161
- Size
- 6,676 SF
- Lot size
- 0.65 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- N 135 FT OF S 849 FT OF E 210 FT OF LOT 5 W OF ST RD TODD & HULL GRANT PER OR 3857 PG 0584 PER OR 7980 PG 4051
- Tax Annual Amount
- 8449
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Multi Units
- Water source
- Public
Building Details
- Year built
- 1966
- Flooring type
- Laminate, Wood, Concrete, Carpet, Terrazzo
- Building materials
- Block, Board & Batten Siding
- Roof type
- Metal
Listing agent Lisa Delaney (386) 314-3988
Listing office The Barnett Group Inc. 3301 S Ridgewood Ave., Edgewater, FL (386) 426-7234
Listing date Aug 23, 2025
MLS# 1217121
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- B3 zoning on .65 acre lot allows for diverse business opportunities.
- Combination of funeral home business and 4‑bedroom residence on one property.
- Inground pool, outdoor bar, and covered patio create an appealing outdoor living space.
- Includes a chapel, offices, prep room, and large garage suitable for business operations.
- Generator can power both the business and residence.
- Located less than 10 minutes from downtown, restaurants, shops, beach, and boat ramps.
Overview
This commercial property, situated on 0.65 acres, is zoned B3 and includes both a commercial building and a residence. Currently operating as a funeral home and residence, the commercial space features a chapel, sitting area, three offices, and two bathrooms. Additional facilities include a prep room and a large garage that separates the business from the home. Carport and parking are available for over 20 vehicles. The residential component is a four-bedroom, two-bathroom home, with one bedroom currently utilized for storage but easily convertible back to a bedroom. The residence includes a large kitchen, dining room, and a spacious living area overlooking the backyard and inground pool. Outdoor amenities feature a bar, a large covered patio area, and a sink for cleaning fish. A generator is present that can power both the business and residence. Located in a small beach town, the property is less than a 10-minute drive to the historical downtown area, restaurants, shops, the beach, and boat ramps. The property offers an opportunity to live and work in close proximity to local amenities.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.2k | $21.60 |
| − Vacancy | −$10.8k | −$1.62 |
| EGI | $133.4k | $19.98 |
| − OpEx | −$33.3k | −$5.00 |
| NOI | $100.0k | $14.99 |
6,676 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,040 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$726.7K
$635.9K – $847.9K
NOI $50,871 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,793 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Location Insight
- Map
- Local Demand
- City
- New Smyrna Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.934698
- Latitude
- 29.043633
Nearby Similar for Sale
FAQs
What type of property is this?
Church & religious facility - Commercial building with residence on 0.65 acres for sale.
Where is this church & religious facility located?
The property is located at 1108 N Dixie New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: B3 zoning on .65 acre lot allows for diverse business opportunities.; Combination of funeral home business and 4‑bedroom residence on one property.; **Inground pool, outdoor bar, and covered patio create an appealing outdoor living space.**
