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307 FLAGLER AVENUE UNIT 101, New Smyrna Beach, FL
Facts & features
Why you’ll love it
PRICE IMPROVEMENT: Rare Opportunity in the heart of beachside New Smyrna Beach. This unique 5 parcel property is located on busy historic Flagler Avenue within walking distance to one of the most visited beaches in Florida. Flagler Avenue is lined with shops, restaurants and three quaint hotels. The listed properties include: Retail space (1170 sq.ft.) with frontage on Flagler Avenue, which has operated for 19 years as an upscale gift store. The store also had a Series 2AP license to sell package wine and beer, and conducted wine tastings at the adjacent restaurant. The restaurant space (920 sq.ft.) includes a cozy 6-stool bar with 3-4 tables and a kitchen with gas appliances and a fire suppression hood system and an adjacent Restaurant space (443 sq.ft.) which has been used for special events and storage. There is an additional 900 sq.ft. of covered outdoor seating in the charming courtyard, under an existing lease from the Cloisters Condo Owners Assn. The tenants of the restaurant space have held a 2-COP license to serve wine and beer since 2014. The commercial retail and restaurant spaces , if combined, have 16 allocated parking spaces which could be used to meet the City of New Smyrna Beach parking requirements for a 96-seat restaurant. In addition to the commercial spaces, there is a residential unit on the second floor above the retail space. It is a well maintained 3 bedroom, 3 bath, (1440 sq.ft.) condo with an open floor plan, and an air conditioned 1 car garage (247 sq. ft.). The residence is perfect for Owner or Manager and is being offered at $400,000 with the purchase of the commercial parcels.
Listings courtesy of ROSE PROPERTY MANAGEMENT INC as distributed by MLS GRID.
Listed by: Roxanne Rose • roxanne@rosepropertymanagement.com • ROSE PROPERTY MANAGEMENT INC
Co-listed by: Non-Member Agent • ROSE PROPERTY MANAGEMENT INC
Source: Stellar MLS as distributed by MLS GRID, MLS#: O6340009
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$6,689/mo
- Mortgage$6,568
- Property tax$121
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$25,980 Credit back
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Travel times
About Cloisters Condo Commerc
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$25,980 Credit back
