$1,575,000
307 Flagler Avenue
New Smyrna Beach, FL 32169
Listing updated: June 25, 2026 at 8:45 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
LOCATION, LOCATION, LOCATION. 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 $420,000 with the purchase of the commercial parcels.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history262 days on market
- Status: ActiveApr 7, 2026
- Listed$1,995,000Sep 9, 2025
- Price reduced$1,575,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Business
- Status
- Active
- Days on market
- 262
- Subdivision
- Cloisters Condo Commerc
- County
- Volusia
- Year built
- 2002
- Price/sq ft
- $527
- Building area
- 2,990 sq ft (Public Records)
- Lot size
- 515 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- 0
- Annual taxes
- $1,448 (2024)
- Parcel #
- 745526000030
- Zoning
- MU
- MLS #
- O6340009
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Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Condominium
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2025-09-09
- On market date
- 2025-09-09
- Original list price
- $1,995,000
- MLS area
- 32169 - New Smyrna Beach
- Listing AOR
- Orlando Regional
- Status changed
- 2026-04-07
- Tax legal description
- UNIT C1 THE CLOISTERS CONDO OR 6213 PG 1873 PER OR 6221 PG 4475
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
East off of US-1, right onto Washington heading East travel over the north bridge. Washington turns into Flagler.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 8:45 AM ET. 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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