829 24Th Ave New Smyrna Beach, FL 32169
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
Costs & 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.