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    102 Pine St New Smyrna Beach, FL 32169

    Sponsored
    For Sale
    $1,075,000

    Mixed-use building, high-income potential.

    Property size:
    2,614 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a mixed-use property located at 102 N Pine Street, New Smyrna Beach, Florida, 32169. The property, built in 2010, boasts a total square footage of 2,614 square feet situated on a 2,613.6 square foot lot. The building's classification includes retail, land, mixed-use, and multifamily components, making it a versatile asset. The property offers 2,247 square feet of leasable space, promising strong income potential with currently low vacancy rates. Its location in New Smyrna Beach provides high visibility and benefits from over 10,000 vehicles passing daily. The surrounding area features a high average home value of over $3 million, indicating a strong and stable market. This property represents a strategic investment in a thriving coastal community with significant growth opportunities. The asking price for this remarkable property is $1,075,000. Don't miss the chance to secure this prime asset in a dynamic and desirable location. This is a rare opportunity to acquire a well-situated, income-producing property in a high-demand area.

    Property Features for 102 Pine St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,614 SF

    Building Details

    Year Built
    2010

    HighLights

    • $1,075,000 asking price.
    • 2,614 square foot mixed‑use building (Retail, Multifamily).
    • Built in 2010.
    • 2,613.6 square foot lot.
    • Located at 102 N Pine Street, New Smyrna Beach, FL 32169.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.9009622
    Latitude
    29.0388915

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    FAQs

    What type of property is this?
    Multifamily property - Mixed-use building, high-income potential.
    Where is this multifamily property located?
    The property is located at 102 Pine St New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: $1,075,000 asking price.; 2,614 square foot mixed-use building (Retail, Multifamily).; Built in 2010.
    Request Owner's contact information
    102 Pine St New Smyrna Beach, FL 32169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Pine St New Smyrna Beach, FL 32169
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