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Property profile & analytics
OFF-MARKET
Commercial real estate

613 Bay Dr New Smyrna Beach, FL 32168

Property ID
US18-8992952
Property summary
AI-generated overview

This exceptional 45,738 square foot commercial lot in New Smyrna Beach, Florida, presents a unique development opportunity. Located at 613 Bay Drive, zip code 32168, this cleared property boasts 111 feet of waterfront access on Turnbull Creek, navigable to the Intracoastal Waterway. The lot's depth extends 374 feet, providing ample space for substantial construction. Existing infrastructure includes a fresh water well, city water, and electricity connections. A natural stone/concrete seawall protects the waterfront, and rebar markers delineate the property line. The tranquil setting offers a blend of rural charm and proximity to the beaches of New Smyrna Beach, Ponce Inlet, and Daytona Beach. Note that an RV currently on the lot belongs to a neighbor and is not included in the sale. A survey is available upon request. The asking price for this remarkable property is $395,000.

Property profile
Verified
Property type Commercial real estate
UPID US18-8992952
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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