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Property profile & analytics
OFF-MARKET
Commercial real estate

306 Washington St New Smyrna Beach, FL 32168

Built 1915
Property ID
US18-8781755
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential properties in the heart of New Smyrna Beach, Florida. Located at 306 Washington Street, this property boasts a substantial 8,276.4 square foot lot and includes two buildings. The main structure, built in 1915, offers 2,132 square feet of space, featuring charming pine floors and a welcoming front porch. This building comprises a 1,320 square foot main area with three bedrooms and two bathrooms. Situated behind the main building at 215 Alma Court is a secondary structure, a 2-bedroom, 1-bathroom rental unit with a spacious backyard, providing additional income potential. The entire property is situated on a high-traffic corridor connecting US Highway 1 to the beaches, ensuring excellent visibility and accessibility for any business. The asking price for this combined commercial and residential property is $450,000. This presents a rare chance to acquire a significant piece of New Smyrna Beach real estate with strong potential for both business and rental income. The property is located in Volusia County, Florida, zip code 32168.

Property profile
Verified
Property type Commercial real estate
Year built 1915
UPID US18-8781755
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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