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Property profile & analytics
OFF-MARKET Estimated value $1,475,000
Retail space

6495 Turtlemound Rd New Smyrna Beach, FL 32169-4817

3,888 SF 0.23 ac lot Built 1985
Trust Owned ~ Est. High Equity
Property ID
US18-4187358
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,888 SF
Lot 0.23 ac (10,000 SF)
Zoning code B4
APN 8505-01-33-0730
UPID US18-4187358
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
$1.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$945k
Blend (final) Blend
$1.48M
Owner & transaction history
Donata Makuta Revocable Trust
Donata Makuta Revocable Trust
since 2026
Last sale
$1.6M
7 recorded transactions
2026
$1.6M
2023
$1.4M
2017
Price N/A
2015
$525,000
2015
$400,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
B4 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source City Zoning
Top alternative use upside
Commercial (general) $1.6M +42.8%
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