324 N Orange St New Smyrna Beach, FL 32168
Under contract-accepting backup offers. Investment Opportunity | B-3 Zoning | 5 Units | Income Producing| Located at 324 N. Orange Street in New Smyrna Beach, this income-producing commercial property offers direct frontage on US-1 with additional access from Orange Street, providing excellent visibility and accessibility. Includes Mailing Address 323 N Dixie Freeway with US-1 Frontage. The property is zoned B-3 (Highway Commercial), allowing for a wide range of commercial uses. It consists of five units currently generating $5,000 in gross monthly income, making it a strong opportunity for both investors and owner-users. Positioned in a growing and desirable area just blocks from Canal Street, the location benefits from proximity to one of New Smyrna Beach’s most active corridors for dining, retail, and local business activity. Whether you’re looking to hold for income, reposition, or occupy, this property offers flexibility, exposure, and long-term potential in a growing area. bikeScore: 44, Somewhat Bikeable walkScore: 33, Car-Dependent
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.