437 Peninsula Ave New Smyrna Beach, FL 32169
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 437 Peninsula Ave
- Property type
- Commercial real estate
Description
This exceptional 6,098.4 square foot commercial lot presents a rare opportunity in the highly desirable Central Beach area of New Smyrna Beach, Florida. Located at 437 S Peninsula Avenue (zip code 32169), this property boasts a prime location just steps away from the vibrant Flagler Avenue, known for its diverse selection of restaurants and bars. The ocean and beach are also within easy walking distance, as are convenient amenities such as Publix, CVS, and Walgreens. The lot itself measures approximately 94 feet by 126 feet (11,844 square feet according to marketing materials), offering ample space for a substantial development. Currently cleared, the property features several mature trees situated outside the building area, providing both privacy and shade. This build-to-suit opportunity allows for the creation of a custom structure, accommodating features such as an in-ground pool, an oversized garage, and space for vehicles, golf carts, boats, and even a summer kitchen. The limited availability of large lots in this area makes this property a sound investment, poised for future appreciation. Seller financing options are available; interested parties should inquire for details. This is a unique chance to acquire a highly sought-after commercial lot in a thriving coastal community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Smyrna Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.9024963
- Latitude
- 29.0348721
