Lake Helen FL Real Estate & Commercial for Sale

Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue with approximately 1,000 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 8-4-25. Prime location on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. This is the primary beach access from the Orlando Metro Area. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions.

3 adjacent parcels, 140' frontage on US-1, traffic count of 15,000/day. Volusia County bus stop next to it. Adjacent to Fitness Gym to the north, Baptist Church to the south. Fast growing community, steps to Walgreens, Publix, Burger King, houses of worship, etc. Near Indian River & beaches. B-4 zoning allows many commercial uses, retail, offices, medical, bank, restaurant, daycare, warehouse, self-storage/warehouse, car wash, etc. Under Volusia County legislation, 2 parcels zoned B-4, 1 parcel zoned residential R-3. Volusia County desires annexation to City of Edgewater. Annexation is an opportunity to request rezoning from City to fit buyer's needs, i.e. rezoning to R-5 for up to 35-unit multifamily development. Potential to acquire additional lot(s) for larger development project.

This Class A corporate center boasts an impressive 83,520 SF of total space, including 80,035 SF of leasable area, strategically located near Winter Park in Orlando. The subject property underwent some renovations, featuring upgraded lighting and flooring. An owner can occupy up to 45,348 SF. This is also a prime investment opportunity with an 86.3% current occupancy, generating $1,474,799 per year for a net annual income of $979,711. The actual NOI yields a 6.8% capitalization rate at the full asking price. There is also a potential 8.8% pro-forma capitalization rate when fully leased at $21.00 per SF NNN.

Proposed New Hospital .27 Miles makes this an Excellent Medical Campus site with Common Retention Ingress /Egress. on 441,Wal-Mart Shadow and Sam's Club Property consists of approximately 577' () of Piedmont Wekiva Road Frontage and 973' Frontage on Greenacre Rd. Entirety of the parcel is surrounded by Roadway. Parcel consists of Approximately 6.81() Acres or 296,921() SF. Upscale Car Wash and WAWA on the Hard Corner of the adjacent Parcel.6.81 Acre / RSF-1B Zoning/Land Use Non Ag. Vacant Land. OCPA has not updated Parcel Size since 2011 Roadway Vacate City Planning Has Been Supportive of Rezone to Commercial. Location and Property: Site with Visibility to High Traffic Signalized Hard Corner with 1 mile Median Household Income Demographic of $60,577+- and 3 Mile Pop. of 73,500+-.

Residential Land for an infill subdivision. Majority of land is high and dry . Adjacent to the south of J. Blanchard park and close proximity to UCF. Located near the intersection of Rouse Road and Colonial Drive. Excellent location for a residential subdivision. Majority of land is high and dry. Adjacent to the south of J. Blanchard park and close proximity to UCF. Located near the intersection of Rouse Road and Colonial Drive. Excellent location for a residential subdivision. This R-1 Zoned property is raw undeveloped land which allows for 4 units/Ac. The total acreage is 19.45 and lends itself to residential or student housing as all the universities that are within reach: University of Central Florida -UCF : 4.7 miles.