Commercial Sale · Business
616 N DIXIE FREEWAY, NEW SMYRNA BEACH, FL, 32168
Active219 days on marketListed Dec 28, 2025MLS #NS1086886
About this property
The property at a glance
This highly visible, beautiful historic style building is located on the highly trafficked North Dixie Freeway was recently rezoned as commercial. This building, which was formerly a home, was recently renovated. Building has updated electric, plumbing, new metal roof, windows, HVAC, insulation, refinished original hardwood flooring, fresh interior/exterior paint, and a recent termite treatment & bond. Owner is Agent. Property is currently tenant occupied with a 5-year n/n/n lease. Do not disturb tenant, showings by appointment only. Prequalification or POF required before scheduling showings.
1,190
Building sq ft
$370
Price / sq ft
0.09
Lot acres
1925
Year built
1
Building
B3
Zoning
Business
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,250/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
30,688
Population
$72,967
Median income
54.9
Median age
2.15
Avg household
$310,200
Median home value
$1,608/mo
Median rent
2,507
Households w/ kids
Recent sales
What actually sold near 616 N DIXIE FREEWAY
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$18,000
616 N DIXIE FREEWAY
1,006 sqft · $18/sqft · Sold Sep 18, 2024
$1,150,000
318 N CAUSEWAY
1,051 sqft · $1,094/sqft · Sold Jan 14, 2026
$355,000
312 MARY AVENUE
888 sqft · $400/sqft · Sold Jan 24, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 616 N DIXIE FREEWAY — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 616 N DIXIE FREEWAY.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of MG REAL ESTATE GROUP · Amy Geller. MLS #NS1086886.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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