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200 S Pine St 1,344 SF 100% Leased Office Building New Smyrna Beach, FL 32169 $1,490,000 ($1,108.63/SF)
Investment Highlights
- Excellent redevelopment opportunity
- Income generating property currently
Executive Summary
DEVELOPMENT POTENTIAL---SHORT -TERM RENTAL ZONE!...RETAIL...MU ZONING......OWNER FINANCING AVAILABLE .....One of the last true multi-use properties just steps from iconic Flagler Ave! This rare opportunity offers unmatched flexibility with MU zoning allows for multi-family, retail, commercial, or residential use—a prime setup for investors looking to capitalize in the heart of New Smyrna Beach....... City approved for three two-story, 2-bedroom, 2-bath townhomes- Currently rented and generating positive income with immediate cash flow.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
1,344 SF
Building Class
C
Year Built
1947
Price
$1,490,000
Price Per SF
$1,108.63
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,344 SF
Building FAR
0.11
Lot Size
0.28 AC
Zoning
MU - Mixed User - Allows a broad blend of residential, retail, office, hospitality, and entertainment uses.
Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7409-03-00-0010 | Improvements Assessment | $246,898 |
| Land Assessment | $481,500 | Total Assessment | $728,398 |
Property Taxes
Parcel Number
7409-03-00-0010
Land Assessment
$481,500
Improvements Assessment
$246,898
Total Assessment
$728,398
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200 S Pine St
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