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$1,990,000

Beds

Baths

1,564

Sqft

314 FLAGLER AVENUE, New Smyrna Beach, Florida, 32169

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Home Florida New Smyrna Beach

High-Performance Mixed-Use Commercial Investment | Premium

MLS# NS1086794

High-Performance Mixed-Use Commercial Investment | Premium

Name: High-Performance Mixed-Use Commercial Investment | Premium, 0 br, 0 ba, 0.200 acres
Brand: BarrierFreeHome.com
SKU: 6966289
Price: 1990000 USD
Availability: InStock

$1,990,000

314 FLAGLER AVENUE, New Smyrna Beach, Florida, 32169

Beds

Baths

1,564

Sqft

0.200

Acres

$1,990,000

314 FLAGLER AVENUE, New Smyrna Beach, Florida, 32169

0 Beds

0 Baths

1,564 Sqft

0.200 Acres

High-Performance Mixed-Use Commercial Investment | Premium Flagler Avenue Corridor An exceptional income-producing asset located in the heart of Flagler Avenue--New Smyrna Beach's premier entertainment and tourism district. This fully renovated commercial property sits just five blocks from the ocean and benefits from one of the area's strongest foot-traffic environments, with over 8 million annual visitors to NSB. Zoned mixed-use and positioned within a high-growth coastal market, the property offers outstanding long-term appreciation potential and flexible redevelopment options. The building is leased to a top-performing cigar lounge and restaurant known for its refined atmosphere, premium wood accents, leather armchairs, exclusive cigar selection, and gourmet Latin cuisine served from a balcony overlooking the avenue. The business enjoys a respected reputation, consistent 5-star reviews, experienced staff, and robust patron loyalty. Live music programming and on-site valet parking further elevate the venue's status as a flagship nightlife destination. Current financial performance underscores the strength of this investment: tenants generate $14,500 per month in base rent with 3% annual escalations, producing more than $923,000 in rental income over five years. With property values in this corridor appreciating at approximately 9% annually, the asset is projected to gain more than $1 million in value over the same period--yielding nearly a 100% gross ROI. These concrete numbers demonstrate the property's exceptional stability and upward trajectory in one of Central Florida's most competitive coastal markets. More than $300,000 in recent improvements include a new interior bar, expanded outdoor dining area, ADA-compliant restroom, specialized humidor room, and upgraded mechanical systems. The property is grandfathered for potential multi-story redevelopment, offering a rare zoning advantage in this high-demand beachfront district. Surrounded by boutique retail, restaurants, entertainment venues, and year-round cultural events, this location stands at the center of NSB's most active commercial corridor. This is a rare opportunity to secure a high-yield, low-vacancy, appreciation-driven investment on one of the most valuable streets in New Smyrna Beach.

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Property Details

0 Beds

0 Baths

1,564 Sqft

Built 1922

0.200 Acres

No Patio

Central

Siding : Block, Frame

Metal, Shingle Roof

$15,387 Property Tax

COOPER WALKER GRANT Community

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Ad Statistics

Ad Number

6966289

Viewed

2 times

Added

Dec 17, 2025

Updated on

Dec 17, 2025

Listing Information

Data Source

Stellar MLS

Source Property ID

NS1086794

Disclaimer

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Compliance

Listing Agent: Ignacio Barsottelli, Collado Real Estate, 386-401-8008, 386-427-0002 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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