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High Performance Mixed Use Commercial Investment | Premium Flagler Avenue Corridor An exceptional income producing asset located in the heart of Flagler AvenueNew Smyrna Beachs premier entertainment and tourism district. This fully renovated commercial property sits just five blocks from the ocean and benefits from one of the areas strongest foot traffic environments, with over 8 million annual visitors to NSB. Zoned mixed use and positioned within a high growth coastal market, the property offers outstanding long term appreciation potential and flexible redevelopment options. The building is leased to a top performing cigar lounge and restaurant known for its refined atmosphere, premium wood accents, leather armchairs, exclusive cigar selection, and gourmet Latin cuisine served from a balcony overlooking the avenue. The business enjoys a respected reputation, consistent 5 star reviews, experienced staff, and robust patron loyalty. Live music programming and on site valet parking further elevate the venues status as a flagship nightlife destination. Current financial performance underscores the strength of this investment: tenants generate $14,500 per month in base rent with 3% annual escalations, producing more than $923,000 in rental income over five years. With property values in this corridor appreciating at approximately 9% annually, the asset is projected to gain more than $1 million in value over the same periodyielding nearly a 100% gross ROI. These concrete numbers demonstrate the propertys exceptional stability and upward trajectory in one of Central Floridas most competitive coastal markets. More than $300,000 in recent improvements include a new interior bar, expanded outdoor dining area, ADA compliant restroom, specialized humidor room, and upgraded mechanical systems. The property is grandfathered for potential multi story redevelopment, offering a rare zoning advantage in this high demand beachfront district. Surrounded by boutique retail, restaurants, entertainment venues, and year round cultural events, this location stands at the center of NSBs most active commercial corridor. This is a rare opportunity to secure a high yield, low vacancy, appreciation driven investment on one of the most valuable streets in New Smyrna Beach.