This corner unit commercial property at 384 Flagler Ave in The Colony beachside in New Smyrna Beach, FL spans 1,140 SQ FT of level, fully usable retail or office space. Located in a commercial area surrounded by retail, restaurants, and office-related businesses, the property sits on Flagler Avenue offering a great level of access and visibility. This is a high-traffic location. The property benefits from surrounding improvements including upstairs residential condo units, sidewalks, lighting, and paved roads with all utilities readily available. The current tenant’s lease ends in December 2024 and they will be month to month after that. They currently pay $22,000 each year. Monthly Colony condo dues are $495.01. Whether you are looking for your own retail location, personal office, or a space to rent out, this is the perfect spot on Flagler Avenue.
384 Flagler AVENUE, New Smyrna Beach, FL, 32169
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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