For Sale
$1,799,999

472 CausewayNew Smyrna Beach, FL 32169

Prime B-2 zoned B&B, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 472 Causeway N in New Smyrna Beach, Florida (32169), presents a unique investment opportunity. The 1,626 square foot, Class A building, constructed in 1958, boasts two units and sits on a 6,250 square foot lot. Currently operating as a highly-rated (4.92 stars) bed and breakfast, this property offers immediate income generation. The B-2 zoning allows for diverse expansion possibilities, including adding a three-story structure (variances acquired in 2015). Its prime location, steps from the Intracoastal Waterway, Flagler Ave, and Canal Street's vibrant dining and entertainment scene, ensures high demand. The asking price is $1,799,999 ($1,107.01 per square foot). This is a rare chance to acquire a proven short-term rental with significant upside potential, allowing for the creation of a residential dream home with intracoastal views while maintaining a thriving ground-floor business. An appraisal is available upon request, reflecting a price improvement. Don't miss this chance to own a piece of New Smyrna Beach's coveted North Causeway.

Highlights

  • Mixed-use property, 1,626 sq ft, 2 units, on a 6,250 sq ft lot in New Smyrna Beach, FL (32169).
  • Currently operates as a highly-rated (4.92 stars) bed and breakfast, offering immediate income.
  • B-2 zoning allows for expansion, including a three-story structure (variances obtained in 2015).
  • Prime location near Intracoastal Waterway, Flagler Ave, and Canal Street.
  • Asking price: $1,799,999 ($1,107.01/sq ft); appraisal available upon request.

Property Details for 472 Causeway

Property type
Retail properties, Mixed-use properties
Square Feet
1,626 SF
Class
A
Year Built
1958
Buildings
1
Stories
2
Units
2

Location Insight

City
New Smyrna Beach
County
Volusia
State
Florida
Latitude
29.0366176
Longitude
-80.9097028
472 Causeway, New Smyrna Beach, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
472 Causeway
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message