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$15,750,000

Pending

429 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

  1. Listed for $18,000,000
  2. Price reduced to $15,750,000from $15,900,000

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Take a tour

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429 E 3rd Ave, New Smyrna Beach, FL 32169

Listing courtesy of COLLADO REAL ESTATE · MLS# O6159759 · Pending

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 9:34 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]