$15,750,000
Pending429 E 3rd Ave, New Smyrna Beach, FL 32169
7.63 acre lot
Listing courtesy of COLLADO REAL ESTATE · MLS# O6159759
949 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
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 500 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-7-27. 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. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment. This is a great opportunity to develop in a rapidly growing Central Florida beach market.
Facts
- Property type
- Hotel/Motel
- Year built
- 2023
- Waterfront
- Yes · 1,000 ft
- Water access
- Canal - Brackish, Lagoon, River
- Water view
- Yes
- Exposure
- North
- Flood zone
- X500
- Annual taxes
- $33,357/yr
- Listed
- Nov 23, 2023
- MLS #
- O6159759
Commercial details
Building & site
- Building size
- 562,740 SF
- Lot size
- 7.63 acres (562,740 SF)
- Zoning
- PUD
- Road frontage
- State Road
Investor metrics
- Price per SF (MLS)
- $27.99/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $18,000,000
- Price reduced to $15,750,000from $15,900,000
Virtual tour
- Property Panorama tourpropertypanorama.comView the virtual tour(opens propertypanorama.com in a new tab)
Opens propertypanorama.com in a new tab.
Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
429 E 3rd Ave, New Smyrna Beach, FL 32169
Listing courtesy of COLLADO REAL ESTATE · MLS# O6159759 · Pending
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
