222 Flagler AveNew Smyrna Beach, FL 32169

This exceptional investment opportunity is located at 222 Flagler Avenue in the heart of New Smyrna Beach, Florida (32169). The property is zoned for Mixed Use, allowing for a diverse range of development options. A key advantage is the allowance of short-term rentals with no minimum nightly stay restrictions, maximizing rental income potential. The City of New Smyrna Beach has recently approved an ordinance adding 23 parking spaces to the parcel, significantly enhancing its development potential and addressing a common concern in high-traffic areas. The property's location on popular Flagler Avenue ensures high visibility and foot traffic, making it ideal for businesses catering to tourists and locals alike. Potential uses include restaurants, bars, ground-floor retail spaces, or a mixed-use development incorporating residential units on upper floors. The maximum building height is 42 feet, providing flexibility for multi-story projects. This property presents a rare chance to acquire a highly desirable commercial parcel in one of New Smyrna Beach's most sought-after locations, offering substantial returns on investment. The asking price is $1,787,000. This is a unique opportunity to capitalize on the thriving tourism and commercial activity in New Smyrna Beach. Don't miss out on this exceptional investment prospect.