Log In/Sign Up
Your email has been sent.
314 Flagler Ave
New Smyrna Beach, FL 32169
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized High-Yield Investment with Strong Upside
- Prime Flagler Avenue Location | 5 Blocks from the Ocean
- Renovated Mixed-Use Asset with Rare Redevelopment Advantage
EXECUTIVE SUMMARY
Prime Flagler Avenue Mixed-Use Investment | Stabilized Income + Upside
Exceptional income-producing mixed-use commercial asset located in the heart of Flagler Avenue, New Smyrna Beach’s premier entertainment and tourism corridor, just five blocks from the Atlantic Ocean. The property benefits from one of the area’s strongest pedestrian traffic environments, with over 8 million annual visitors to NSB and year-round events driving consistent demand.
The fully renovated building is leased to a well-established, top-performing restaurant and cigar lounge, featuring refined interior finishes, premium wood accents, a dedicated humidor room, and an upper-level balcony overlooking Flagler Avenue. The tenant maintains a strong reputation with consistent 5-star reviews, experienced management, and loyal clientele, enhanced by live music programming and on-site valet service.
The investment offers stable cash flow with built-in growth, generating $14,500 per month in base rent with 3% annual escalations, providing predictable income in a high-barrier coastal market. More than $300,000 in recent capital improvements include a new interior bar, expanded outdoor dining, ADA-compliant restroom, and upgraded mechanical systems.
Zoned mixed-use and grandfathered for potential multi-story redevelopment, the property offers rare future flexibility along one of the most desirable commercial corridors in New Smyrna Beach. Surrounded by boutique retail, restaurants, nightlife, and cultural attractions, this asset presents a compelling opportunity for investors seeking long-term stability, low vacancy risk, and future upside in a premier coastal location.
Exceptional income-producing mixed-use commercial asset located in the heart of Flagler Avenue, New Smyrna Beach’s premier entertainment and tourism corridor, just five blocks from the Atlantic Ocean. The property benefits from one of the area’s strongest pedestrian traffic environments, with over 8 million annual visitors to NSB and year-round events driving consistent demand.
The fully renovated building is leased to a well-established, top-performing restaurant and cigar lounge, featuring refined interior finishes, premium wood accents, a dedicated humidor room, and an upper-level balcony overlooking Flagler Avenue. The tenant maintains a strong reputation with consistent 5-star reviews, experienced management, and loyal clientele, enhanced by live music programming and on-site valet service.
The investment offers stable cash flow with built-in growth, generating $14,500 per month in base rent with 3% annual escalations, providing predictable income in a high-barrier coastal market. More than $300,000 in recent capital improvements include a new interior bar, expanded outdoor dining, ADA-compliant restroom, and upgraded mechanical systems.
Zoned mixed-use and grandfathered for potential multi-story redevelopment, the property offers rare future flexibility along one of the most desirable commercial corridors in New Smyrna Beach. Surrounded by boutique retail, restaurants, nightlife, and cultural attractions, this asset presents a compelling opportunity for investors seeking long-term stability, low vacancy risk, and future upside in a premier coastal location.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,794 SF
Building Class
B
Year Built/Renovated
2000/2005
Price
$1,990,000
Price Per SF
$1,109.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.20 AC
Zoning
10B1 - Commercial - Mixed Used
Parking
9 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
50’ on Flagler Ave
AMENITIES
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 7455-09-00-0200 | Improvements Assessment | $200,983 |
| Land Assessment | $709,366 | Total Assessment | $910,349 |
PROPERTY TAXES
Parcel Number
7455-09-00-0200
Land Assessment
$709,366
Improvements Assessment
$200,983
Total Assessment
$910,349
1 of 44
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
