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472 N Causeway - The Croton House 1,626 SF Specialty Building Offered at $1,500,000 in New Smyrna Beach, FL 32169

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INVESTMENT HIGHLIGHTS

  • Heavy traffic on busy road to the beach
  • endless income potential
  • great location and walkability

EXECUTIVE SUMMARY

Price improvement to appraised value, appraisal is available upon request. Unique North Causeway Gem! Currently fully operational B&B with unmatched design in this local area with an Airbnb guest favorite 4.92 star rating. Located in B-2 zoning that allows for a variety of options to further expand your income potential. Steps away from the intracoastal waterway, Flagler Ave and Canal Streets restaurants, bars and shops. Variances acquired in 2015 allowing for a three story structure addition on the Causeway has unlimited potential. Build your residential dream home with intracoastal views on the new second and third floor along with a business on the first floor all while proven short term B&B rental is generating income . There is no other opportunity with options like this on the island, schedule a showing so you can see this special property in person.

PROPERTY FACTS

Price $1,500,000
Price Per SF $922.51
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Residential Income
Building Class B
Lot Size 0.14 AC
Building Size 1,626 SF
No. Stories 2
Year Built/Renovated 1958/2018
Zoning B-2 - B-2 district, often referred to as a "Community Business District" or "Highway Commercial District," is intended for a variety of businesses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7417-02-00-0030
Land Assessment
$87,500
Improvements Assessment
$122,528
Total Assessment
$210,028
  • Listing ID: 31040134

  • Date on Market: 2/24/2024

  • Last Updated:

  • Address: 472 N Causeway, New Smyrna Beach, FL 32169

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