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Waterfront Development Land
For Sale
$15,750,000
Pending

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

LAND - New Smyrna Beach, FL

Property SizeContact for details
Lot Size7.63 Acres
Days on Market991

Property Features for 429 E 3rd Avenue

General Information

Property type Land
Property subtype Other
Subdivision Not In Subdivision
Lot features Cleared
View River
Directions East on SR 44 which turns into 3rd Ave on beachside. Site over waterway on right by Dunkin Donuts and Starbucks.
Standard status Pending
APN 7416-05-24-0100
Lot size 7.63 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description 16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDITION NEW SMYRNA BEACH MB 7 PG 85 MB 22 PG 129 & INC PORTION OF GOVT LOT 5 AS DESCRIBED IN OR 7612 PG 2206 PER OR 5672 PGS 0088-0089 PER OR 5306 PG 1781 PER OR 7338 PG 2319
Tax Annual Amount 34747
Legal Description 16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDITION NEW SMYRNA BEACH MB 7 PG 85 MB 22 PG 129 & INC PORTION OF GOVT LOT 5 AS DESCRIBED IN OR 7612 PG 2206 PER OR 5672 PGS 0088-0089 PER OR 5306 PG 1781 PER OR 7338 PG 2319

Utilities

Water front 1
Listing Agency: Collado Real Estate
Listed By: Patricia Collado · License #636547
Added: Nov 23, 2023 Changed: Jul 3 Last Checked: Aug 10 at 2:06PM
MLS# 1116575

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This waterfront development parcel offers approximately 500 feet of frontage with Intracoastal beachside access. The property is fully entitled for a Hyatt Place PUD site plan (SP-30-18), with approval stated as good through 5/27/2027. The site consists of 7.63 acres and is positioned for a targeted hospitality development concept aligned to the existing entitlement.

The land is located just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue, with frontage along A1A/3rd Avenue. The remarks describe views toward the Intracoastal Waterway access and the Indian River Lagoon estuary. The location is presented as a connection point to the 3rd Avenue business district and as a walkable area to the Atlantic Ocean beaches.

For buyers or developers seeking an entitled waterfront hospitality site, the current PUD approval can reduce early planning risk associated with rezoning or new entitlement steps. The asset’s waterfront setting and existing site plan support a straightforward path for pursuing the identified Hyatt Place PUD framework within the stated approval timeframe.

Key Highlights

  • Approximately 500 ft of waterfront with Intracoastal access development opportunity on the south side of 3rd Avenue, just east of the New Smyrna Beach Intracoastal Waterway bridge
  • Fully entitled for a Hyatt Place PUD site plan (SP‑30‑18) good through 5/27/27
  • Site faces the Intracoastal Waterway access and Indian River Lagoon estuary

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Auto Parts Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 32169, FL

10,621
Population
12,339
Households
0.9
Avg Household Size
63
Median Age
49%
College-Educated
98%
High-School Grad
16.2 sq mi
ZIP Area
656
Density / Sq Mi
$99,260
Median Household Income
$65,500
Median Earnings
$1,754
Median Rent
$485,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Fully entitled waterfront land with Intracoastal access for a Hyatt Place PUD site plan.
Where is this waterfront 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: Approximately 500 ft of waterfront with Intracoastal access development opportunity on the south side of 3rd Avenue, just east of the New Smyrna Beach Intracoastal Waterway bridge; Fully entitled for a Hyatt Place PUD site plan (SP‑30‑18) good through 5/27/27; Site faces the Intracoastal Waterway access and Indian River Lagoon estuary
More about this property
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