REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,575,000
Est. payment /mo
Active
307 FLAGLER AVE #101 New Smyrna Beach, FL 32169
2,990 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,990 sqft
Price per Sqft $526
Subdivision Cloisters Condo Commerc
MLS Listing ID O6340009
HOA Y/N No
Year Built 2002
Annual Tax Amount $1,447
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Business
Source Stellar MLS
Property Description
LOCATION, LOCATION, LOCATION. Rare Opportunity in the heart of beachside New Smyrna Beach. This unique 5 parcel property is located on busy historic Flagler Avenue within walking distance to one of the most visited beaches in Florida. Flagler Avenue is lined with shops, restaurants and three quaint hotels. The listed properties include: Retail space (1170 sq.ft.) with frontage on Flagler Avenue, which has operated for 19 years as an upscale gift store. The store also had a Series 2AP license to sell package wine and beer, and conducted wine tastings at the adjacent restaurant. The restaurant space (920 sq.ft.) includes a cozy 6-stool bar with 3-4 tables and a kitchen with gas appliances and a fire suppression hood system and an adjacent Restaurant space (443 sq.ft.) which has been used for special events and storage. There is an additional 900 sq.ft. of covered outdoor seating in the charming courtyard, under an existing lease from the Cloisters Condo Owners Assn. The tenants of the restaurant space have held a 2-COP license to serve wine and beer since 2014. The commercial retail and restaurant spaces , if combined, have 16 allocated parking spaces which could be used to meet the City of New Smyrna Beach parking requirements for a 96-seat restaurant. In addition to the commercial spaces, there is a residential unit on the second floor above the retail space. It is a well maintained 3 bedroom, 3 bath, (1440 sq.ft.) condo with an open floor plan, and an air conditioned 1 car garage (247 sq. ft.). The residence is perfect for Owner or Manager and is being offered at $420,000 with the purchase of the commercial parcels.
Location
State FL
County Volusia
Community Cloisters Condo Commerc
Area 32169 - New Smyrna Beach
Zoning MU
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Block
New Construction false
Others
Ownership Condominium
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6340009
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Roxanne Rose ROSE PROPERTY MANAGEMENT INC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION