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Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

116 Faulkner Street, New Smyrna Beach, FL 32168

Updated, furnished units with multi-use commercial zoning and on-site parking near downtown and a city park.

Property SizeContact for details
Days on Market145

Property Features for 116 Faulkner Street

General Information

Standard status Pending
Property subtype Special Purpose
Zoning multi-use commercial

Additional Details

Furnished Yes
Road Access Yes
Multifamily Units 5

Amenities

on-site parking

Building Details

Buildings 1
Listing Agency: NSB Realty Team
Listed By: Kate Rosenberg · License #3243080
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 5:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NSB Realty Team

Investment Insights

Based on property information with market context.

Located at 116 Faulkner Street, this five-unit apartment building offers separate furnished units with updated kitchens and bathrooms. The property is zoned for multi-use commercial use, and rental management plus vendors are already in place. On-site parking serves occupants and guests.

The property sits near historic downtown Canal Street and an adjoining city park in New Smyrna Beach. Its position along two streets provides visibility for signage, while the building is set back to retain interior privacy.

The existing units can be operated as furnished rentals or transitioned to long-term use. The property information also supports potential reconfiguration as a single-family home or as a combined store, office, and residential arrangement.

Key Highlights

  • Five separate furnished units with updated kitchens and bathrooms
  • Multi‑use commercial zoning supports apartment and other stated configurations
  • Rental management and vendors already in place

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Pharmacy Bakery Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,522
Businesses Nearby

Demographics for 32168, FL

30,058
Population
16,439
Households
1.8
Avg Household Size
54
Median Age
31%
College-Educated
93%
High-School Grad
153.9 sq mi
ZIP Area
195
Density / Sq Mi
$72,967
Median Household Income
$41,076
Median Earnings
$1,608
Median Rent
$310,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated, furnished units with multi-use commercial zoning and on-site parking near downtown and a city park.
Where is this apartment building located?
The property is located at 116 Faulkner Street New Smyrna Beach, FL.
What are key features of this property?
This property features: Five separate furnished units with updated kitchens and bathrooms; Multi‑use commercial zoning supports apartment and other stated configurations; Rental management and vendors already in place
(407) 342-7999 Call to check price and availability
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