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429 E 3RD AVENUE New Smyrna Beach, FL 32169

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For Sale
$15,750,000

Hotel/Motel - NEW SMYRNA BEACH, FL

Property size:
562,740 SF
Lot size:
11.73 Acres
Price / SF:
$27/SF
Added:
Nov 23, 2023
Days on Market:
887
Last Refresh:
Apr 28 at 12:06 am

Property Features for 429 E 3RD AVENUE

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
PUD
Standard status
Active
APN
74-16-05-24-0100
Size
562,740 SF
Lot size
11.73 Acres

Taxes and HOA fees

Tax Year
2022
Tax Annual Amount
33357

Utilities

Water front features
River Front, Waterfront
Water front
1

Building Details

Year built
2023
Architectural style
Other

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Listing Contact
Pat Collado
Pat Collado

Listing agent Pat Collado License #636547

Listing office COLLADO REAL ESTATE 402 Flagler Ave, New Smyrna Beach, FL

Listing date Nov 23, 2023

MLS# O6159759 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Waterfront Development Opportunity in New Smyrna

This waterfront beachside development opportunity offers Intracoastal access just east of the New Smyrna Beach Intracoastal Waterway bridge, situated on the south side of 3rd Avenue. The property features approximately 1,000 ft of waterfront. It is fully entitled for a Hyatt Place Planned Unit Development (PUD) site plan no. sp-30-18, valid through 5-7-27. The location is prime, positioned on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. As the primary beach access from the Orlando Metro Area, this property serves as a gateway to New Smyrna Beach and the 3rd Avenue business district, which includes shopping, dining, and entertainment options, and is near historic Canal St and Flagler Ave. The site is a short walk to the Atlantic Ocean beaches, 20 minutes from Daytona International Airport, and 1 hour from Orlando Airport and attractions. New Smyrna Beach, recognized as the "BEST BEACH" for 8 consecutive years by Orlando Sentinel readers, is known for its abundant fishing coves. The city of New Smyrna has identified this site as a high priority for redevelopment. This represents a significant opportunity to develop in a rapidly growing Central Florida beach market. The property encompasses approximately 11.73 acres or 562740 square feet and includes parcels #741605240102, 741506240101, 741600030010. The zoning is PUD.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
New Smyrna Beach
County
Volusia
State
Florida
Longitude
-80.89974
Latitude
29.028385

FAQs

What type of property is this?
Commercial land - Beachside Intracoastal access development opportunity with waterfront.
Where is this commercial land located?
The property is located at 429 E 3RD AVENUE New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $15,750,000.
What are key features of this property?
This property features: Waterfront property with approximately 1,000 ft of Intracoastal access; **Fully entitled for a Hyatt Place PUD site plan (no. sp‑30‑18) valid through 5‑7‑27**; Prime location on A1A/3rd Ave, the primary beach access from the Orlando Metro Area
More about this property
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