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424 Luna Bella Lane M, New Smyrna Beach, FL 32168
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424 Luna Bella Lane M
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Priced at Only: $880,000
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Address: 424 Luna Bella Lane M, New Smyrna Beach, FL 32168
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  • MLS#: 1201499 ( Commercial Sale )
  • Street Address: 424 Luna Bella Lane M
  • Viewed: 19
  • Price: $880,000
  • Price sqft: $262
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 3362
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: New Smyrna Beach
  • Zipcode: 32168
  • Provided by: SVN Alliance Commercial Real Estate Advisors
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    Small Investor Offering 3,362 SF Commercial Condo in Venetian Bay operating as Cross Creek Day School. A successful day care operating since 2013 with a long waiting list for enrollment. $68,442.00 Annual Base Rent NNN. Lease expires December 2028. 7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes. No hassle investment with Condo Association handling all building and grounds maintenance. 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. Building signage available. Great addition to your investment portfolio!
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Features
Land Information
  • Lot Features: Other
Garage and Parking
  • Parking Features: Parking Lot, Other
Finance and Tax Information
  • Tax Year: 2023
Other Features
  • Legal Description: UNIT M TUSCANY SQUARE I CONDO PER OR 6430 PG 376 PER OR 6687 PG 1698 & OR 6879 PG 32
  • Parcel Number: 7307-04-00-0130
  • Views: 19
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  1. Victoria Kobea, MRP
  2. Tropic Shores Realty
  3. Let Me Take the Stress Out of Your Sale
  4. Mobile: 215.512.4409
  5. victoriakobearealtor@gmail.com