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585 Washington St New Smyrna Beach, FL 32168

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For Sale
$275,000

Duplex and vacant lot in a short-term rental zone.

Lot size:
0.27 Acres

Property Features for 585 Washington St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.27 Acres

Building Details

Year built
1937

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Listing Contact
Lori Schmerler, Pa
Source: Elliman

Listing Agency: BEACHSIDE REALTY OF VOLUSIA Listing Agent: Lori Schmerler, Pa

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Opportunity Zone Property

This property, located in a designated Opportunity Zone, features a duplex and a vacant lot suitable for building additional units or up to six short-term rental suites. The existing duplex at 585 Washington Street has two separate entrances, electric meters, water meters, and natural gas meters. The front entrance leads to a framed-out layout with two bedrooms, a flex room, and two bathrooms. The entrance at 304 Sheldon provides access to a two-bedroom, one-bath unit. The mixed-use zoning allows for a first-floor business or a bed and breakfast, with potential parking waivers in the historic district overlay. The special parking district allows for half of the city's parking requirements. Building heights in the New Smyrna Beach Historic District can reach up to 72 feet. The property is across from the Babes James Community Recreational Center and Splash Pad Park, and within walking distance of Pettis Park Sport Center, which includes covered pavilions, restroom facilities, a multi-purpose field, a double skate bowl, fitness stations, and courts for basketball, pickleball, racquetball, and tennis, as well as a playground and the Mary S Harrell Heritage Museum. Washington Street connects the Historic Westside to the North Causeway of Coronado Island, leading to Flagler Avenue and the ocean ramp. Flagler Avenue offers events, nightlife, restaurants, and shops. A new Interstate 95 exit is planned to direct traffic through the Westside to Washington Street, the North Bridge, and Flagler Avenue Beach ramp.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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City
New Smyrna Beach
County
Volusia
State
Florida
Longitude
-80.9309408
Latitude
29.0246089

FAQs

What type of property is this?
Duplex - Duplex and vacant lot in a short-term rental zone.
Where is this duplex located?
The property is located at 585 Washington St New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: - Short-term rental zone with potential for up to six suites, offering significant income potential.; - Opportunity Zone location provides potential tax benefits for capital gains after 7 years.; - Mixed-use zoning allows for a variety of business opportunities, including a first-floor business or bed and breakfast.
More about this property
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