Categories
Office
Retail
About this property
- Buy now and let the existing tenant cover the carrying costs. Then, as an owner or investor, lease to a tenant who will benefit from a high foot traffic location with some of the best demographics in East Volusia County.
- Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently and growing to over 4,000 homes in Venetian Bay at full build out.
- Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
- 1,691 SF Commercial Condo with storefront on Luna Bella Lane currently leased to a development company while they are building 322 multifamily units across the street.
- $41,408.22 Annual Base Rent, 8.28% Cap Rate, PLUS Tenant pays condo dues and real estate taxes.
- No hassle investment with Condo Association handling all building and grounds maintenance.
- Building signage available.
- Cash-in on local growth today!
LOCATION OVERVIEW
Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 1,691 sqft
- Zoning
- PUD
- Year Built
- 2007
- Cap Rate
- 8.28%
- Parcel No
- 7307-04-00-0040
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
424 Luna Bella Lane Unit D (Suite 130)
New Smyrna Beach, Florida 32168