424 Luna Bella Lane, Unit D, New Smyrna Beach, FL

$500,000

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1,691

Square feet

About 424 Luna Bella Lane, Unit D

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! Buy now and let the existing tenant cover the carrying costs 1,691 SF Commercial Condo with storefront on Luna Bella Lane $41,408.22 Annual Base Rent, 8.28% Cap Rate, PLUS Tenant pays condo dues and real estate taxes

Features of 424 Luna Bella Lane, Unit D

MLS® # 1114865
Price $500,000
Square Footage 1,691
Year Built 2007
Type Commercial
Sub-Type Comm-Land & Bldg Incl
Status Sold

Community Information

Address 424 Luna Bella Lane, Unit D
Area 97 - New Smyrna Beach S of Pioneer, W of 95
City New Smyrna Beach
County Volusia
State FL
Zip Code 32168

Amenities

Is Waterfront No

Additional Information

Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Listing Map

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