311 and 315 Live Oak Street, New Smyrna Beach, FL 32168

$1,390,000
2,415
SqFt

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List Price
$1,390,000
Status
Pending
Days on Market
0
MLS#
NS1088009
Property Style
Mixed Use
Year Built
1912
Living Area
2,415
Lot Size
11,500
Acres
0.26
Total Acreage
1/4 to less than 1/2
MLS Area Major
New Smyrna Beach

Property Description

Look no further for one of the most visible and strategically positioned commercial properties in all of New Smyrna Beach. Ideally situated at the base of the South Causeway—providing direct access to the beachside—this property sits on a premier corner at one of the busiest intersections in the area, directly across from AdventHealth New Smyrna Beach. Spanning approximately 0.26 acres of prime real estate, the property boasts nearly 100 feet of frontage along State Road 44 and approximately 116 feet along Live Oak Street, ensuring exceptional exposure, accessibility, and continuous traffic flow from both locals and visitors.This unique offering includes two separate, beautifully restored buildings, completely renovated in 2018 with meticulous attention to detail. The structures blend historic charm with modern functionality, showcasing original hardwood floors, multiple private offices, and flexible interior layouts suited for a wide range of commercial uses. In addition, the property features three fully leased units, delivering immediate and reliable income. In many cases, the existing rental revenue could substantially offset the mortgage, making this an outstanding opportunity for both investors and owner-users. Zoned under one of the most flexible mixed-use designations in the area and located within the short-term rental district, the property offers exceptional versatility for a wide range of commercial, residential, or hybrid uses—both now and in the future. Between the two buildings lies a thoughtfully designed, covered outdoor gathering space—perfect for client entertainment or tenant use—complete with a custom natural gas fire feature, water fountain, and fire pit, creating a distinctive and inviting atmosphere. The property also benefits from a large parking area, including six dedicated on-site parking spaces, along with an additional six shared spaces with a neighboring Airbnb property—providing ample and flexible parking options in this high-demand location. With its unbeatable location, strong income potential, zoning flexibility, and exceptional character, this is a rare opportunity to own a landmark commercial asset in one of the most sought-after corridors in the area.

Additional Information

Taxes Annual
$14714
Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Frame
Foundation
Crawlspace, Pillar/Post/Pier
Pool
No Pool
Flood Zone Code
X500
Parcel ID
7441-38-10-1481
Legal Description
41-17-34 THAT PART OF BLK 10 ANDREWS NEW SMYRNA MB 2 PG 68 DESCRIBED AS SOUTH PARCEL IN OR 8685 PG 3857 AS FOLLOWS W 2/3 OF LOTS 148 149 & 150 BLK 10 ANDREWS NEW SMYRNA MB 2 PG 68 EXC THAT PART DESC AS FOLLOWS COMMENCE AT THE NW CORNER OF LOT 146 BLK 10 A

Listing courtesy of MG REAL ESTATE GROUP. 386-314-9502

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