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Mixed-Use Property with Retail Space
For Sale
$1,575,000

307 FLAGLER Avenue, New Smyrna Beach, FL 32169

Commercial Sale, NEW SMYRNA BEACH, FL

Property SizeContact for details
Lot Size0.01 Acres
Days on Market394

Property Features for 307 FLAGLER Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU
Subdivision CLOISTERS CONDO COMMERC
Directions East off of US-1, right onto Washington heading East travel over the north bridge. Washington turns into Flagler.
Standard status Active
APN 745526000030
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description UNIT C1 THE CLOISTERS CONDO OR 6213 PG 1873 PER OR 6221 PG 4475
Tax Annual Amount 1448
Legal Description UNIT C1 THE CLOISTERS CONDO OR 6213 PG 1873 PER OR 6221 PG 4475

Utilities

Cooling system Central Air

Building Details

Year built 2002
Building materials Block
Listing Agency: ROSE PROPERTY MANAGEMENT INC
Listed By: Roxanne Rose · License #3249905
Added: Sep 9, 2025 Changed: Oct 7 Last Checked: Oct 7 at 8:06PM
MLS# O6340009

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.

Investment Insights

Based on property information with market context.

This mixed-use property brings together five parcels with retail, restaurant, and residential space. The Flagler Avenue-facing retail suite measures 1,170 square feet. Restaurant areas include a 920-square-foot space with a six-stool bar, room for three to four tables, and a kitchen equipped with gas appliances and a fire-suppression hood, plus a 443-square-foot adjoining area used for events and storage. A 900-square-foot covered courtyard seating area is leased from the Cloisters Condo Owners Association. The second-floor residence is a 1,440-square-foot, three-bedroom, three-bathroom condominium with an open floor plan and a 247-square-foot air-conditioned, one-car garage.

The commercial spaces have 16 allocated parking spaces when considered together. Flagler Avenue is described as a walkable route to a nearby beach, with shops, restaurants, and three hotels along the avenue. The property is zoned MU.

Key Highlights

  • Five‑parcel assemblage combines retail, restaurant, and residential uses
  • 1,170‑square‑foot retail suite fronts Flagler Avenue
  • Restaurant space measures 920 square feet and includes a six‑stool bar and gas‑equipped kitchen

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Auto Parts Store Daycare Center Grocery & Convenience Store

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

Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 73% Shops & Services 27%
SpringHill Suites New Smyrna Beach Hotels & Casinos
5,968 visits/mo 0.2 miles
7-Eleven Shops & Services
4,739 visits/mo 0.1 miles
Hampton Inn New Smyrna Beach Hotels & Casinos
4,642 visits/mo 0.2 miles
Coconut Palms Beach Resort II Hotels & Casinos
2,373 visits/mo 0.4 miles

Demographics for 32169, FL

10,621
Population
12,339
Households
0.9
Avg Household Size
63
Median Age
49%
College-Educated
98%
High-School Grad
16.2 sq mi
ZIP Area
656
Density / Sq Mi
$99,260
Median Household Income
$65,500
Median Earnings
$1,754
Median Rent
$485,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial suites, a courtyard dining area, and an upstairs condominium are included in the Flagler Avenue assemblage.
Where is this mixed-use property located?
The property is located at 307 FLAGLER Avenue New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Five‑parcel assemblage combines retail, restaurant, and residential uses; 1,170‑square‑foot retail suite fronts Flagler Avenue; Restaurant space measures 920 square feet and includes a six‑stool bar and gas‑equipped kitchen
More about this property
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