412 Jessamine AvenueNew Smyrna Beach, FL 32169MLS Number NS1073552

Price: $1,400,000
Est. Mortgage of $/month
381 Days on Market

Amazing Mixed Use (MU) development/income producing opportunity in one of the most desirable and high traffic areas in New Smyrna Beach. This property and the adjoining parcel (414 Jessamine Ave) are zoned mixed use/commercial and are being sold together as a package totaling .23 acres. Best use of these parcels could be that they're built up to two stories providing views of the ocean and Flagler Ave making this a great opportunity for a Multi-Family, Short Term Vacation Rental, and so much more. Currently situated on one of the lots is a single-family home with a 1 bed 1 bath front unit complete with kitchen, family room, and Florida room. There is also a rear apartment with 1 bed 1 bath and kitchenette with ample parking. These two lots are mere 36 steps to Flagler and only a few blocks to the beach making this a great vacation rental, but the true value lies in the future possible development opportunity. Mixed Use zoning allows for Single Family, Hotel, Bed & Breakfast, Retail, Medical, Schools, Churches, Professional Services, and so much more. All information is assumed accurate but not guaranteed so buyers and agents should verify all information, measurements, etc. See attached Mixed Use Zoning description. One of the last opportunities available near Flagler that's available for a unique development opportunity.

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Location Information

Road Frontage DescriptionAsphalt

Location

Address412 Jessamine Avenue
AreaNew Smyrna Beach
CountyVolusia
Exterior Features Awning(s)
StateFL
SubdivisionCooper
TownNew Smyrna Beach
Zip32169

Legal

Listing Agreement Exclusive Right To Sell
Parcel Number 7409-06-05-0070
Tax Legal Description 9 17 34 LOT 7 BLK 5 COOPER SUB PER MB 4 PG 114 PER OR 2811 PG 0742 & OR 5081 PG 1987 PER OR 5623 PG 4770 PER OR 6236 PG 2163 PER OR 7053 PG 4178

Basic Information

List Price$1,400,000
MLS NumberNS1073552
Mls Status Pending
StatusPEN

Building

Construction Materials Stucco, Wood Frame
Levels One
RoofOther
Year Built1924

Property Information

Acreage0.23
Building Area Total 1,168
Lot DescriptionCity Limits
Lot Size Dimensions 100 x 104.64

Basic Information

Property SubTypeOther
Special Listing Conditions None
Virtual Tour URL Branded Click Here

Property

ZoningMU

Interior

Flooring Wood

Utilities

Heating Electric
Laundry Features In Garage

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Date Listed02/02/2023
View Count24

Based on information submitted to StellarMLS as of February 17, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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412 Jessamine AvenueNew Smyrna Beach, FL 32169MLS Number NS1073552

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