6495 Turtlemound Rd New Smyrna Beach, FL 32169-4817
This exceptional New Smyrna Beach property presents a rare investment opportunity. Located just one lot from the ocean at 6495 Turtlemound Rd, this 3,888 square foot multi-use building offers a unique blend of commercial and residential space. The ground floor currently houses a thriving boutique grocery and bait & tackle shop, occupying half of the available commercial area. The remaining commercial space provides significant potential for expansion or leasing, catering to the area's strong local customer base of residents, fishermen, and beachgoers. Upstairs, a spacious 5-bedroom, 3.5-bathroom residence boasts stunning ocean views, enhanced by recently added balconies. This prime location benefits from proximity to a popular county park, the Canaveral National Seashore, and renowned waterfront restaurants. The property is a proven income generator, offering flexibility to lease commercial space, operate the existing business while residing upstairs, or expand the commercial footprint. Furthermore, the adjacent lot to the east is also available for purchase, presenting a unique chance to significantly expand the property's potential. This is a truly exceptional opportunity to acquire a versatile, income-producing property in a highly desirable coastal location. The asking price is $1,950,000. The property is situated in Volusia County, Florida, zip code 32169.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · New Smyrna Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.