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Property profile & analytics
OFF-MARKET
Land

0 Atlantic Ave New Smyrna Beach, FL 32169

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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