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424 Luna Bella Ln
New Smyrna Beach, FL 32168 Venetian Bay

$650,000 USD

Apartments Condo For Sale  •  2,989 SF

Property Details

  • Property Type Apartments
  • Total Building Size 294,718 SF
  • Lot Size 2.62 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 2.48 %
  • Tenancy Multiple
  • Zoning PUD
0 Transit Score
29 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B Office/Retail 2,989 SF $650,000 USD
  • Unit Size: 2,989 SF
  • Condo Use: Office/Retail
  • Price: $650,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $217.46 USD
Description
Commercial Condo For Sale with storefront on busy Luna Bella Lane.
Rare opportunity to purchase a condo unit with direct exposure to Lune Bella Lane.
Unit B (Suite 133) is 2,989 SF total. 
2,250 SF is vacant and available for owner to occupy or to lease.
739 SF is leased by Snap Fitness through April 2033. $16,785.35 Current Annual Base Rent, 4% annual increases, PLUS Tenant pays condo dues and real estate taxes.
Location has some of the best demographics in East Volusia County.
The Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently, with plans to grow to over 4,000 homes at full build-out. Additionally, there are 322 apartments now open across the street.
Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
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.

Sale Notes
Commercial Condo For Sale with storefront on busy Luna Bella Lane.
Rare opportunity to purchase a condo unit with direct exposure to Lune Bella Lane.
Unit B (Suite 133) is 2,989 SF total. 
2,250 SF is vacant and available for owner to occupy or to lease.
739 SF is leased by Snap Fitness through April 2033. $16,785.35 Current Annual Base Rent, 4% annual increases, PLUS Tenant pays condo dues and real estate taxes.
Location has some of the best demographics in East Volusia County.
The Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently, with plans to grow to over 4,000 homes at full build-out. Additionally, there are 322 apartments now open across the street.
Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
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.

Description

Commercial Condo For Sale with storefront on busy Luna Bella Lane.
Rare opportunity to purchase a condo unit with direct exposure to Luna Bella Lane.
Unit B (Suite 133) is 2,989 SF total. 
2,250 SF is vacant and available for owner to occupy or lease.
739 SF is leased by Snap Fitness through April 2033.
$16,785.35 Current Annual Base Rent, 4% annual increases, PLUS Tenant pays condo dues and real estate taxes.
Location has some of the best demographics in East Volusia County.
The Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently, with plans to grow to over 4,000 homes at full build-out. Additionally, there are 322 apartments now open across the street.
Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
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.

LOCATION OVERVIEW
Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.

Highlights

Venetian Bay Commercial Condo For Sale or Lease

Property Flyers

Cap Rate: 2.48 %

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 26 min - 14.0 mi
Orlando Sanford International 42 min - 28.3 mi
John Trost 386-301-4581 SVN | Alliance Commercial Real Estate Advisors
John Trost 386-301-4581 SVN | Alliance Commercial Real Estate Advisors