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472 N Causeway 1,626 SF Specialty Building Offered at $1,500,000 in New Smyrna Beach, FL 32169
Investment Highlights
- Fully operational bed and breakfast with established rental income and exceptional guest ratings.
- Variances allow for vertical expansion and potential three-story construction.
- Sought-after island location with strong year-round tourism and an active short-term rental market.
- B-2 zoning enables a wide range of income-generating options, including mixed-use and hospitality.
- Walkable access to Intracoastal Waterway, Flagler Avenue, and Canal Street’s retail and dining hub.
Executive Summary
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 | Building Class | B |
| Price Per SF | $922.51 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,626 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Residential Income | 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. | ||
| Price | $1,500,000 |
| Price Per SF | $922.51 |
| Sale Type | Investment |
| 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. |
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Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7417-02-00-0030 | Improvements Assessment | $124,137 |
| Land Assessment | $89,063 | Total Assessment | $213,200 |
Property Taxes
Parcel Number
7417-02-00-0030
Land Assessment
$89,063
Improvements Assessment
$124,137
Total Assessment
$213,200
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472 N Causeway