Versatile Mixed-Use Property in
607 N Dixie New Smyrna Beach, FL 32168
For Sale
$389,000
COMMERCIAL - New Smyrna Beach, FL
Property Size988 SF
Lot Size0.13 Acres
Price / SF$393.72
Days on Market393
Property Features for 607 N Dixie
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Rooms
Bathroom 1
Parking features
Carport, Garage, Off Street
Standard status
Active
APN
7441-02-00-0820
Size
988 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
N 25 FT OF LOT 82 & S 25 FT OF LOT 83 EXC RD RWY HAMMONDSNEW PER OR 5182 PG 2650 PER OR 6848 PG 2799 PER OR 7523 PG 4593
Tax Annual Amount
1386
Building Details
Year built
1952
Floors in Building
1
Listing Agency:
Kincaid Realty
(386) 428-7800
Listed By:
Roger Kincaid · License #3027673
(386) 428-7800
Added: Jul 3, 2025
Changed: Jun 9
Last Checked: Jul 30 at 4:06AM
MLS# 1215246
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 mixed-use property is located in the New Smyrna Historic District. It features a 2-bedroom, 1-bath home, a 672 square feet commercial-grade workshop with a 1/2 bath and laundry, and a 24x28 detached garage with a 1/2 bath and 2 private offices. The property offers frontage on US-1/Dixie Freeway and backstreet entrance for easy access. It is located approximately 2.3 miles from the beach. The property includes a new energy-efficient HVAC (2022) with heat pump. The property is situated on a 0.13-acre lot. The total property size is 988 square feet. This property is suitable for a home-based business, investment, or a live/work solution.
Key Highlights
- Prime location in the New Smyrna Historic District with US‑1/Dixie Freeway frontage and backstreet access.
- Multi‑use property suitable for residential, commercial, or live/work purposes.
- Includes a 2‑bedroom, 1‑bath home, a 672 sq ft workshop/warehouse with 1/2 bath and laundry, and a 24x28 detached garage with 1/2 bath and 2 private offices.
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 | $21.3k | $21.60 |
| − Vacancy | −$1.6k | −$1.62 |
| EGI | $19.7k | $19.98 |
| − OpEx | −$4.9k | −$5.00 |
| NOI | $14.8k | $14.99 |
988 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$211.5K
$185.1K – $246.8K
NOI $14,805 @ 7.0% cap · market cap 3.81%
Second Best
Mixed Use
$174.3K
$152.6K – $203.4K
NOI $12,204 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$291.3K
$254.9K – $339.9K
NOI $20,392 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-use property in historic district, ideal for live/work.
Where is this mixed-use property located?
The property is located at 607 N Dixie New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Prime location in the New Smyrna Historic District with US‑1/Dixie Freeway frontage and backstreet access.; Multi‑use property suitable for residential, commercial, or live/work purposes.; Includes a 2‑bedroom, 1‑bath home, a 672 sq ft workshop/warehouse with 1/2 bath and laundry, and a 24x28 detached garage with 1/2 bath and 2 private offices.
