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About this home
317 N Orange St is a 1923-built home in Daughertys New Smyrna, New Smyrna Beach. Listed at $1,999,999 (about $865/sqft), 137 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This is a profitable, turnkey business opportunity with minimal startup effort and is currently fully operational. Simply transfer the licenses and begin generating revenue immediately with all furniture, fixtures and equipment in place. This fine-dining restaurant offers an occupancy of 151, featuring indoor, outdoor and screened patio seating, and holds a 4COP-SFS license with a full liquor bar and climate-controlled wine room. The kitchen is equipped with a 12ft hood with fire suppression system and a grease trap. The second floor is currently utilized for office and storage space but has the potential to be converted into additional seating. The backyard is private and fully fenced featuring professional landscaping, along with 2 large gazebos equipped with lighting and fans, and has a permanent perimeter pest control system in place. The property is ADA Accessible and includes a completed feasibility study. This business is supported by a well-established, loyal customer base with strong repeat clientele and offers significant opportunities for growth through expanded hours, events and takeout services. Stamped plans are in place for kitchen expansion and outdoor kitchen/tiki bar, offering additional operational and revenue opportunities. Proof of funds or Prequalification Letter required prior to scheduling showings or requesting any information. Please do not disturb patrons or employees.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,999,999
$865 per sq ft
Size
2,313 sq ft
Time on market
137 days
Year built
1923
Monthly payment
About $12,297/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,397 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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