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Under contract-accepting backup offers. Exceptional opportunity to own a highly visible commercial property located along the heavily traveled US-1 corridor in the heart of New Smyrna Beach. Situated on approximately 0. 25 acres, this versatile 6, 700± SF flex/showroom building offers excellent exposure and accessibility, making it ideal for owner-users, investors, or businesses seeking a strategic location along one of the area’s primary commercial thoroughfares.
Originally built in 1957 and renovated in 1981, the single-story structure features flexible interior space suitable for a variety of commercial uses including showroom, retail, office, warehouse, or light industrial operations. The two story building features a leased space on the first floor and available residential unit on the second floor. The property is zoned Mixed Use (MU), allowing for a broad range of permitted uses and redevelopment potential.
Positioned along US-1 / South Dixie Freeway, the property benefits from strong daily traffic counts and excellent connectivity to surrounding business districts, downtown New Smyrna Beach, and regional highways. Utilities including gas, water, sewer, and electric are already in place, supporting a wide range of commercial operations.
This property represents a rare opportunity to establish or expand a business presence in one of Volusia County’s most desirable coastal markets, just minutes from the beach, I-95, and the growing commercial corridor serving both residents and visitors. Funding for exterior renovations is available through the local CRA through a matching grant.
Property Highlights
5, 500± SF commercial flex/showroom building
0. 25± acre site with strong road frontage
Prime location on US-1 / S Dixie Freeway
Mixed-Use (MU) zoning allowing diverse business uses
Utilities in place (gas, water, sewer, electric)
Ideal for showroom, retail, office, service, or warehouse uses
Excellent visibility and accessibility in a growing commercial corridor
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Our Executive Mortgage Banker:
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$1,399,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,119,999 | $1,119,999 | $1,119,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.117% |
| Monthly Tax Payment | $367 | $367 | $367 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,625 | $6,805 | $9,376 |
| Total Monthly Payment | $7,117 | $7,297 | $9,868 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.