307 Flagler Ave #101, photo 1
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Overview

0 baBusiness
TypeBusiness
HOANone listed
Built2002
Lot515 sqft

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About this home

307 Flagler Ave #101 is a 2002-built home in Cloisters Condo Commerc, New Smyrna Beach. Flood zone 0 - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
2002
On market
398 days
Annual tax
$1,448
Flood zone
0
Lot
515 sqft
Type
Business

At a glance

Payment

Est. monthly payment
$9,122/mo
Down payment (20%)
$315,000
Property taxes
$121/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Business
Year Built
2002
Lot
515 sqft
Cooling
Central Air
Heating
-
Parking
-
Days on Market
398
Flood Zone 0
Annual Tax (2024)
$1,448
Parcel #
745526000030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cloisters Condo Commerc
County
Volusia
MLS Area
32169 - New Smyrna Beach
Lot Size
515 sqft

Price history

Date
Event
Price
9/18/2025
Price change
Source: Stellar MLS #O6340009
$1,575,000-21.1%
9/9/2025
Listed for sale
Source: Stellar MLS #O6340009
$1,995,000

Neighborhood

307 Flagler Ave #101
New Smyrna Beach, FL, 32169 · 32169 - New Smyrna Beach

Market insights

Offer Insights

Choose an offer strength

List price: $1,575,000
$1.51M – $1.57M
96% – 100% of listTops out right at the list price
80% of listList price
38 of the last 75 home closings in 32169 landed at this number or higher (51%). The median one sat 68 days before it went under contract, and this one is on day 398 after a $420,000 cut.

Sample: 75 closed home sales in 32169 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$9,122/mo
Principal & interest$8,214
Property taxes$121
Insurance$788
Down payment20% · $315,000
Interest rate6.80%
Loan term

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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

$1,575,000

Time on market

398 days

Year built

2002

Monthly payment

About $9,122/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,448 annual tax bill, insurance.

Flood zone

Zone 0

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

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Brokered byROSE PROPERTY MANAGEMENT INCListing agent: Roxanne RoseListing data from Stellar MLS, MLS# O6340009.

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