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    Atlantic Ave New Smyrna Beach, FL 32169

    Sponsored
    For Sale
    $2,200,000

    Prime oceanfront lot, development plans ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7,405.2 square foot commercial lot is located at 0 S Atlantic Avenue in New Smyrna Beach, Florida, zip code 32169. Situated directly on the ocean with a seawall, this property offers a rare opportunity for development, boasting a prime location just 400 feet from Flagler Avenue. The property is zoned for short-term/vacation rentals, making it ideal for a variety of commercial ventures. Pre-existing, meticulously prepared development plans and surveys for a stunning four-plex have already been submitted to the city for approval, significantly streamlining the development process. This could be the last available commercial oceanfront lot in the heart of Flagler Avenue, presenting an unparalleled chance to acquire a piece of highly desirable New Smyrna Beach real estate. The asking price is $2,200,000. Visual renderings of the proposed four-plex project are available upon request. Don't miss this unique investment opportunity.

    Property Features for 0 Atlantic Ave

    General Information

    Property type
    Land

    HighLights

    • $2,200,000 asking price.
    • 7,405.2 sq ft commercial land parcel.
    • Oceanfront lot in New Smyrna Beach, FL.
    • Short‑term/vacation rental zoning.
    • Development plans available for a four‑plex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.8623733
    Latitude
    28.9820419

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    FAQs

    What type of property is this?
    Land - Prime oceanfront lot, development plans ready.
    Where is this land located?
    The property is located at Atlantic Ave New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 7,405.2 sq ft commercial land parcel.; Oceanfront lot in New Smyrna Beach, FL.
    Request Owner's contact information
    Atlantic Ave New Smyrna Beach, FL 32169
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    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
    Atlantic Ave New Smyrna Beach, FL 32169
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