$499,000
Pending · 52 days on market · MLS# MFRNS1087774
| Living area | 2,485 sq ft |
|---|---|
| Lot size | 0.23 acres |
| Year built | 1944 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $5,170 |
| County | Volusia |
Under contract-accepting backup offers. Investment Opportunity | B-3 Zoning | 5 Units | Income Producing| Located at 324 N. Orange Street in New Smyrna Beach, this income-producing commercial property offers direct frontage on US-1 with additional access from Orange Street, providing excellent visibility and accessibility. Includes Mailing Address 323 N Dixie Freeway with US-1 Frontage. The property is zoned B-3 (Highway Commercial), allowing for a wide range of commercial uses. It consists of five units currently generating $5,000 in gross monthly income, making it a strong opportunity for both investors and owner-users. Positioned in a growing and desirable area just blocks from Canal Street, the location benefits from proximity to one of New Smyrna Beach’s most active corridors for dining, retail, and local business activity. Whether you’re looking to hold for income, reposition, or occupy, this property offers flexibility, exposure, and long-term potential in a growing area.
Listing courtesy of Timothy Loomis, WHITE WHALE REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.