6495 Turtlemound ROAD, New Smyrna Beach, FL, 32169 | $1,950,000

Important Notice: Please do not attempt to walk the property or approach customers and employees without an appointment.
Introducing a rare opportunity to own a versatile 3, 888 SQFT multi-use property just one lot from the ocean in beautiful New Smyrna Beach. This unique property offers commercial space on the ground floor and living above. The sale includes an existing business, with half of the commercial area currently operating as a boutique grocery and bait & tackle shop. The remaining commercial space is available for build-out and expansion, providing endless possibilities for growth.
The upstairs features a spacious 5-bedroom, 3. 5-bath residence with stunning ocean views, both from within and from newly added balconies. As one of the few commercial properties in this desirable part of New Smyrna Beach, the location enjoys a loyal customer base of locals, fishermen, and beachgoers. The property is situated near a popular county park, the Canaveral National Seashore, and one of the most renowned waterfront seafood destinations in the area.
This property is a true income producer, with options to lease commercial space, operate the business while living upstairs, or expand the existing commercial footprint.
Exciting Opportunity: The adjacent land to the east is also available for purchase, and both sellers are open to considering a simultaneous transaction. This presents a unique chance to expand your footprint and maximize the potential of this prime location.

Features

  • Property Type: Retail
  • Construction: Block, Stucco, Wood Siding
  • Cooling: Central Air, Mini-Split Unit(s), Zoned
  • Year Built: 1985
  • Approx Sq. Feet: 3,888
  • Acreage: 0.23
  • Est. Taxes: $10,134
  • MLS#: NS1082379
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/NS1082379/6495turtlemoundroad_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/5/2024 7:47:06 PM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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6495 Turtlemound ROAD, New Smyrna Beach, FL, 32169

$1,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,560,000 $1,560,000 $1,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.876% 6.725%
Monthly Tax Payment $845 $845 $845
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,989 $10,118 $13,589
Total Monthly Payment $10,958 $11,087 $14,558

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.