Mixed-Use Live-Work Retail
600 N Dixie Freeway New Smyrna Beach, FL 32168
For Sale
$1,300,000
COMMERCIAL - New Smyrna Beach, FL
Property Size2,896 SF
Lot Size0.32 Acres
Price / SF$448.90
Days on Market37
Property Features for 600 N Dixie Freeway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 7441-03-00-0450
- Size
- 2,896 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 41-17-34 E 10 FT OF LOTS 44 46 & 48 & ALL LOTS 45 47 & 49 EXC R/W CONNORS SUB NEW SMYRNA MB 5 PG 143 MB 18 PG 18 PER OR 4314 PG 1408 PER OR 6411 PGS 1408-1409 PER OR 6479 PG 3098
- Tax Annual Amount
- 5156
Building Details
- Year built
- 1958
Listing Agency:
EXIT Real Estate Property Solutions
(386) 402-7909
Listed By:
Carl Vasile · License #3240095
(386) 527-5357
Added: Jun 19
Changed: Jun 24
Last Checked: Jul 25 at 3:06PM
MLS# 1227725
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.
Investment Insights
Based on property information with market context.
This offering includes a solidly constructed concrete block commercial building with permitted residential living area, along with two adjacent vacant commercial lots. The property includes a firewall exceeding code requirements separating the living and commercial spaces, using 5/8-inch Type X fire-rated drywall, fire-rated doors, and an estimated 90+ minute burn rating. Interior features include 10-foot-plus ceilings throughout, approximately 12.5-foot ceilings in the shop area, and a 10-foot roll-up door with potential to add a second roll-up door. The building has a newly installed gable roof with complete decking replacement, impact-resistant windows throughout most of the structure, and energy-efficient upgrades. Building systems and utilities include metered natural gas service, a tankless water heater, gas range, and gas dryer connections.
The assemblage is located along the US-1 corridor and extends from N Dixie Freeway (US-1) to Dora Street, providing multiple access points. Zoning is B-3 Mixed Use, supporting flexible live/work and commercial uses. The property is outside of a flood zone.
Environmental remediation for the site’s prior service station use is already addressed, and Phase I environmental documentation is available with a clean site status established.
The assemblage is located along the US-1 corridor and extends from N Dixie Freeway (US-1) to Dora Street, providing multiple access points. Zoning is B-3 Mixed Use, supporting flexible live/work and commercial uses. The property is outside of a flood zone.
Environmental remediation for the site’s prior service station use is already addressed, and Phase I environmental documentation is available with a clean site status established.
Key Highlights
- 3 contiguous parcels totaling approx. 0.58 acres along US‑1, from N Dixie Freeway (US‑1) to Dora Street
- 2,896 SF concrete block building (built 1958) plus 2 adjacent vacant commercial lots for expansion or redevelopment
- B‑3 Mixed Use zoning with a permitted residential living area and stainless‑steel kitchen for live/work use
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 | $62.6k | $21.60 |
| − Vacancy | −$4.7k | −$1.62 |
| EGI | $57.9k | $19.98 |
| − OpEx | −$14.5k | −$5.00 |
| NOI | $43.4k | $14.99 |
2,896 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$620.0K
$542.5K – $723.3K
NOI $43,397 @ 7.0% cap · market cap 3.34%
Second Best
Mixed Use
$511.0K
$447.2K – $596.2K
NOI $35,773 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$853.9K
$747.2K – $996.2K
NOI $59,773 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Solid concrete block building with a roll-up door and permitted residential living area under B-3 mixed-use zoning.
Where is this live-work space located?
The property is located at 600 N Dixie Freeway New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3 contiguous parcels totaling approx. 0.58 acres along US‑1, from N Dixie Freeway (US‑1) to Dora Street; 2,896 SF concrete block building (built 1958) plus 2 adjacent vacant commercial lots for expansion or redevelopment; B‑3 Mixed Use zoning with a permitted residential living area and stainless‑steel kitchen for live/work use
