472 N Causeway - Residential Income FOR SALE


New Smyrna Beach, FL 32169
$1,500,000 USD
386-689-5825
472 N Causeway, New Smyrna Beach, FL for Sale
$1,500,000 USD
Residential Income - FOR SALE
1/17
null | Request Cap Rate

472 N Causeway
New Smyrna Beach, FL 32169


HIGHLIGHTS

  • Fully operational bed and breakfast with established rental income and exceptional guest ratings.
  • B-2 zoning enables a wide range of income-generating options, including mixed-use and hospitality.
  • Variances allow for vertical expansion and potential three-story construction.
  • Walkable access to Intracoastal Waterway, Flagler Avenue, and Canal Street’s retail and dining hub.
  • Sought-after island location with strong year-round tourism and an active short-term rental market.

OVERVIEW

Unique North Causeway Gem! Currently fully operational B&B with unmatched design in this local area with an Airbnb guest favorite 4.92 star rating. Located in B-2 zoning that allows for a variety of options to further expand your income potential. Steps away from the intracoastal waterway, Flagler Ave and Canal Streets restaurants, bars and shops. Variances acquired in 2015 allowing for a three story structure addition on the Causeway has unlimited potential. Build your residential dream home with intracoastal views on the new second and third floor along with a business on the first floor all while proven short term B&B rental is generating income . There is no other opportunity with options like this on the island, schedule a showing so you can see this special property in person.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$923 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,273 SF

ZONING

B-2

APN/PARCEL ID

7417-02-00-0030

ASK ABOUT THIS PROPERTY

Chad EricksonCollado Real EstateMore Info
386-689-5825

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Chad EricksonCollado Real EstateMore Info
386-689-5825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.