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    823 Canal St New Smyrna Beach, FL 32168

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    For Sale
    $695,000

    1.43 acres in prime Historic Downtown location.

    Property size:
    1 SF
    Lot size:
    1.43 Acres

    Property Features for 823 Canal St

    General Information

    Size
    1 SF
    Lot size
    1.43 Acres

    Source: Barbara Coomber Agent Barbara Coomber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Mixed-Use Land

    This 1.43-acre property is located in the Historic Downtown District of New Smyrna Beach. It is zoned for mixed-use, allowing for single-family homes, townhouses, duplexes, multi-family residences, hotels, retail spaces, schools, churches, professional services, medical facilities, and more. The property is a development opportunity for medical, residential, and commercial ventures. It is situated less than a mile from the river and across the causeway from the beaches. The site has frontage on four roads, forming a city block, with a combined 600 feet of total road frontage and access via Duss Street, Julia Street, and Inwood Avenue. Utilities are available on site. The location offers walkability to restaurants, shopping, and entertainment options. It also provides visibility on Canal Street (Business SR 44), the main thoroughfare into downtown New Smyrna Beach, and is 10 minutes from the Atlantic Ocean and beachside shopping district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.9318375
    Latitude
    29.0218373

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    FAQs

    What type of property is this?
    Land - 1.43 acres in prime Historic Downtown location.
    Where is this land located?
    The property is located at 823 Canal St New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Prime 1.43-acre land in Historic Downtown New Smyrna Beach.; - Mixed-Use (MU) zoning allows for diverse development options.; - Frontage on 4 roads (city block) with **600' of total road frontage** and multiple access points.
    (813) 220-7222
    Request Owner's contact information
    823 Canal St New Smyrna Beach, FL 32168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    823 Canal St New Smyrna Beach, FL 32168
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