0 Atlantic Ave New Smyrna Beach, FL 32169
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.