Sam Marten - Coldwell Banker Coast
401 Flagler Ave
New Smyrna Beach, FL 32169

Description

Desirable and popular Flagler Ave.corner location is ready for development. Mixed use zoning allows for commercial, as well as residential uses. Close to the beach and river, located between the Hampton Inn and the Mariott hotels, in the midst of the historical, tourist district. We have analyzed this site for best uses under current regulations. In doing so we have addressed required setbacks and height limitations(42 ft), landscaping, water retention, ingress and egress, location of and available capacities of utilities, parking requirements, size of the build-able envelope, and public safety requirements. We calculate, that after all the setback,water retention,& landscape requirements are met, that of the total 4650 SF, the site should yield approximately 3320 SF of build-able area. We have reviewed various concepts with the Citys Plan Review Committee with a positive response, and have drawings available for each one. A lot of valuable insight that we can share with any potential owner as to meeting regulatory standards, was garnered in that meeting. It appears that the highest and best use for this property will most likely will be retail. That will yield the highest potential square footage in ratio to the least amount of required parking. Detailed and technical information for this property is available, please bring us any concept and we will, in a brief consultation,help to determine its potential viability,and/or makes suggestions that may assist you in reaching your goal for the property. Drawings are attached to brochure. Ask your Realtor to access them for you. Existing building, a Flagler Avenue landmark, can be updated and preserved and used for your business. Property is not historically designated, making changes, renovation, or demo possible.

Details

MLS#1039309
StyleIndustrial
Sub-TypeResale
StatusActive
Year1910
Days On Site44

Features

Story(s)1
Units1
ZoningMU

Market Activity 32169

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Area Information

StateFL
CountyVolusia
CityNew Smyrna Beach
Zip Code32169
AreaBchside Cntrl:Flagler to 3rd
Listing VS Median (in 32169)
Price:
$740,000
low | high
Med:
$389,000
97.432432432432% of Average
On Site:
44
low | high
Med:
9
100% of Average
Listing Updated: 01/18/2019
MLS Number: 1039309
Listing Provided By:
John & Barbara Vazquez  of  Keyes Company