New Smyrna Beach, FL 32168 424 Luna Bella Lane # M
$880,000
Presented By: SVN Alliance Commercial Real Estate Advisors
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 3,362
Home Details
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!
Presented By: SVN Alliance Commercial Real Estate Advisors
Interior Features for 424 Luna Bella Lane # M
Bathrooms
Total Baths
Other Interior Features
Basement (Y/N)No
Other Rooms
General for 424 Luna Bella Lane # M
Additional Parcels Y/NNo
Attached Garage No
CityNew Smyrna Beach
CountyVolusia
Days on Market74
DirectionsLocated west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.
Electric On Property Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionUNIT M TUSCANY SQUARE I CONDO PER OR 6430 PG 376 PER OR 6687 PG 1698 & OR 6879 PG 32
Lot Size Square Feet3031.78
Lot Size UnitsAcres
MLS Area97 - New Smyrna Beach S of Pioneer, W of 95
MLS Area Minor97 - New Smyrna Beach S of Pioneer, W of 95
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-28T03:20:39Z
New Construction None
Property SubTypeOffice
Property TypeCommercial Sale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount4356.0
Tax Year2023
Unit NumberM
View Y/NNo
Waterfront FeaturesWaterfront Community
Waterfront Y/NYes
Year Built2007
Exterior for 424 Luna Bella Lane # M
Building Area Total3362.0
Crops Included Y/NNo
Horse Y/NNo
Inclusions{u'Building & Land': True}
Irrigation Water Rights Y/NNo
Lot FeaturesOther
Lot Size Acres0.07
Lot Size Area0.07
Open Parking Y/NNo
Parking FeaturesParking Lot, Other
SpaNo
Additional Details
Price History
