Amazing Mixed Use (MU) development/income producing opportunity in one of the most desirable and high traffic areas in New Smyrna Beach. This property and the adjoining parcel (414 Jessamine Ave) are zoned mixed use/commercial and are being sold together as a package totaling .23 acres. Best use of these parcels could be that they’re built up to two stories providing views of the ocean and Flagler Ave making this a great opportunity for a Multi-Family, Short Term Vacation Rental, and so much more. Currently situated on one of the lots is a single-family home with a 1 bed 1 bath front unit complete with kitchen, family room, and Florida room. There is also a rear apartment with 1 bed 1 bath and kitchenette with ample parking. These two lots are mere 36 steps to Flagler and only a few blocks to the beach making this a great vacation rental, but the true value lies in the future possible development opportunity. Mixed Use zoning allows for Single Family, Hotel, Bed & Breakfast, Retail, Medical, Schools, Churches, Professional Services, and so much more. All information is assumed accurate but not guaranteed so buyers and agents should verify all information, measurements, etc. See attached Mixed Use Zoning description.
One of the last opportunities available near Flagler that’s available for a unique development opportunity.
