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Property profile & analytics
FOR SALE
Land

437 S Peninsula Ave New Smyrna Beach, FL 32169

Property ID
US18-2333165
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
UPID US18-2333165
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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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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