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Property profile & analytics
OFF-MARKET
Commercial real estate

829 24Th Ave New Smyrna Beach, FL 32169

Property ID
US18-3077231
Property summary
AI-generated overview

This exceptional 6,599.34 square foot lot, located at 829 E 24th Avenue in New Smyrna Beach, Florida (zip code 32169), presents a unique investment opportunity. Zoned for both commercial and residential use, this property offers unparalleled flexibility for developers and investors. Situated in a vibrant beachside community, the lot is conveniently located within walking distance of the ocean, providing immediate access to the area's natural beauty and recreational amenities. While an existing structure is present, it requires significant renovation or demolition, allowing for the creation of a completely customized development. The lot's dimensions are approximately 60 feet by 110 feet, providing ample space for a variety of projects. The asking price for this rare find is $625,000. The property's prime location and dual zoning create significant potential for both short-term rental income and long-term appreciation. This is a chance to capitalize on the thriving New Smyrna Beach real estate market and build your dream project in a highly desirable coastal setting. The Volusia County location adds to the appeal, offering a blend of relaxed beach living and convenient access to local amenities. Don't miss this opportunity to acquire a piece of paradise with exceptional income potential.

Property profile
Verified
Property type Commercial real estate
UPID US18-3077231
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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