Commercial Sale · Business
307 FLAGLER AVENUE UNIT 101, NEW SMYRNA BEACH, FL, 32169
Active337 days on marketListed Sep 9, 2025MLS #O6340009
About this property
The property at a glance
LOCATION, LOCATION, LOCATION. Rare Opportunity in the heart of beachside New Smyrna Beach. This unique 5 parcel property is located on busy historic Flagler Avenue within walking distance to one of the most visited beaches in Florida. Flagler Avenue is lined with shops, restaurants and three quaint hotels. The listed properties include: Retail space (1170 sq.ft.) with frontage on Flagler Avenue, which has operated for 19 years as an upscale gift store. The store also had a Series 2AP license to sell package wine and beer, and conducted wine tastings at the adjacent restaurant. The restaurant space (920 sq.ft.) includes a cozy 6-stool bar with 3-4 tables and a kitchen with gas appliances and a fire suppression hood system and an adjacent Restaurant space (443 sq.ft.) which has been used for special events and storage. There is an additional 900 sq.ft. of covered outdoor seating in the charming courtyard, under an existing lease from the Cloisters Condo Owners Assn. The tenants of the restaurant space have held a 2-COP license to serve wine and beer since 2014. The commercial retail and restaurant spaces , if combined, have 16 allocated parking spaces which could be used to meet the City of New Smyrna Beach parking requirements for a 96-seat restaurant. In addition to the commercial spaces, there is a residential unit on the second floor above the retail space. It is a well maintained 3 bedroom, 3 bath, (1440 sq.ft.) condo with an open floor plan, and an air conditioned 1 car garage (247 sq. ft.). The residence is perfect for Owner or Manager and is being offered at $420,000 with the purchase of the commercial parcels.
2,990
Building sq ft
$527
Price / sq ft
0.01
Lot acres
2002
Year built
2
Buildings
MU
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
$7,363/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
1,843
Population
$83,678
Median income
62
Median age
2
Avg household
$521,411
Median home value
$1,742/mo
Median rent
88%
Households w/ kids
Consumer profile
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Recent sales
What actually sold near 307 FLAGLER AVENUE UNIT 101
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$31,200
392 N CAUSEWAY
Sold Aug 26, 2024
$1,050,000
307 N ORANGE STREET
Sold Feb 17, 2025
$34,800
817 N DIXIE FREEWAY
Sold Mar 12, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 307 FLAGLER AVENUE UNIT 101 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 307 FLAGLER AVENUE UNIT 101.
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 ROSE PROPERTY MANAGEMENT INC · Roxanne Rose. MLS #O6340009.
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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