Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    401 Flagler Ave New Smyrna Beach, FL 32169-2640
    Back to Search
    Property profile & analytics

    401 Flagler Ave, New Smyrna Beach, FL 32169-2640

    View on Map

    • Retail space
    • 1,044 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Jul 8, 2022
    $2,000,000
    Property ID
    US18-3663498
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,815,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 401 Flagler Ave

    Year built
    1910
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Zone code
    B1
    Property type
    Retail space
    APN
    7455-08-04-0010
    APU
    745508040010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 8, 2022 $2,000,000 401 Flagler LLC Eilai Investments LLC Warranty Deed —
    Jun 30, 2022 $675,000 401 Flagler LLC Ovos LLC Warranty Deed —
    Aug 6, 2021 $675,000 Ovos LLC Route 48 Partners LLC Warranty Deed —
    Mar 4, 2019 $582,000 Route 48 Partners LLC Bremer,jonathan S & Sean F Warranty Deed $332k · Jonathan S & Sean F Bremer
    May 13, 2016 — Frances G Bremer Bremer,frances G Quit Claim Deed —

    Description

    This exceptional retail opportunity presents a fully operational coffee shop at 401 Flagler Ave, New Smyrna Beach, Florida, 32169. Currently operating as Luma Cafe, this established business boasts a welcoming atmosphere and a reputation for high-quality coffee and beverages. The cafe is situated in a prime location in the heart of New Smyrna Beach, offering excellent visibility and foot traffic. The asking price for this lease is $15,000. The property is a retail space, perfectly suited for a continuation of the current business model or a similar concept. The address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of this vibrant beachside community. This presents a unique chance to acquire a turn-key operation in a desirable location, ready for immediate income generation. The space is well-maintained and offers a comfortable environment for customers. The opportunity to lease this established and successful cafe provides a low-risk entry point into the thriving New Smyrna Beach market. This is an ideal investment for an entrepreneur seeking a profitable and established business in a prime location. The property is located in Volusia County, Florida.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,620,000
      ML approach
      $1,640,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.8985
    Latitude
    29.0383
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,111
    $1,456,875
    $126,789
    $1,583,664
    -
    $1,456,875
    $126,789
    $1,583,664
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message