DEVELOPMENT POTENTIAL—SHORT -TERM RENTAL ZONE!…RETAIL…MU ZONING…..CORNER LOT.10, 700 sq ft. ==OWNER FINANCING 30 YEAR /6.5%/ 10 YEAR NOTE. ……..One of the last true multi-use properties just steps from iconic Flagler Ave! This rare opportunity offers unmatched flexibility with MU zoning that allows for multi-family, retail, commercial, or residential use—a prime setup for investors looking to capitalize in the heart of New Smyrna Beach……. City approved for three two-story, 2-bedroom, 2-bath townhomes- Currently rented and generating positive income with immediate cash flow.